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Argon BCI Absolute Return Fund | South African–Multi Asset–Low Equity
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Manager's Fact Sheet
Fund Profile
Manager's Commentary
Reg Compliant
1.2398    +0.0043    (+0.348%)
NAV price (ZAR) Thu 2 Oct 2025 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 171 Rand-denominated South African--Multi Asset--Low Equity funds over the last three years (needle right indicates above average performance)
Performance
<i><b>  Size</b></i><hr/>This gauge shows the size of the fund against all Rand-denominated retail funds (needle right indicates a large fund, needle left a small fund)
Size
<i><b>  Diversification</b></i><hr/>This gauge shows the level of diversification relative to other funds in the same second-tier (multi asset) category (needle right indicates a well-diversified fund)
Diversification
<i><b>  Risk</b></i><hr/>This gauge shows the fund's level of historical risk relative to other funds in the South African--Multi Asset--Low Equity sector based on 3-year volatility (needle right indicates lower risk within the sector)
Risk
Fund Performance
NAV and TRI Performance
  TRI
  NAV
   3 Months 6 Months 1 Year 3 Years 5 Years
Period    Return %Growth of R1 000
chart
* Not annualised
Key Facts and Fund Objective
Key Facts
Formation Date 18 Jan 2016
Fund Size (ZAR) 243 298 658
Latest Price 1.24
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (30/06) 2.25%
Minimum InvestmentR25 000
TTM Distribution Yield 3.71%
Fund Objective
The portfolio will be managed in compliance with prudential investment guidelines for retirement funds in South Africa to the extent allowed for by the Act. To provide a limited level of capital protection, the portfolio's equity exposure may be as high as 40% of the portfolio's net asset value. In order to achieve its objective, the investments normally to be included in the portfolio may comprise a combination of assets in liquid form, money market instruments, interest bearing securities, bonds, debentures, corporate debt, equity securities, property securities, preference shares, convertible equities and non-equity securities.
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Asset Classes and Holdings
Asset Classes
 SA Equities28.21%  
 Foreign Equities0.00%  
 SA Bonds34.48%  
 Foreign Bonds2.87%  
 SA Property1.76%  
 Foreign Property0.00%  
 SA Cash24.36%  
 Foreign Cash8.32%  
Top Holdings as at 30 Jun 2025
SecurityUnitsValue (Rm)% of Fund
CASH 0 37.0716.14%
R2037 17 470 000 15.826.89%
FOREIGN MMI 0 14.196.18%
I2033 9 100 000 11.795.13%
R2040 12 500 000 11.304.92%
MM-02MONTH 0 10.724.67%
GLD 10 386 5.622.45%
NASPERS-N 951 5.272.29%
PROSUS 5 274 5.222.27%
USA C 0 4.922.14%
Totals  121.9253.08%
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2 Oct1.24+0.00+0.35% 
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