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| Momentum Financials Fund Fact Sheet MDD |
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Momentum Financials Fund Fact Sheet MDD
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The main aim of this financial leaning equity fund is the maximum returns that are above the JSE Financials Index in the long-term time horizon.
The fund will invest in shares of the banks , insurance companies and other financial services companies listed on JSE.
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| Fund Sector |
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| SA – Equity – Financial |
| Fund Maximum Annual Fee * |
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1.43%-N
Y or N indicate if performance fee levied or not. Advisor fee excluded. |
| Distribution Periods |
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| Bi-Annually |
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| Launch Date |
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| Jul 1998 |
28 years ago |
| Fund Benchmark |
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| Jse Financials Index |
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| Momentum Financials Fund Unit Prices |
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DYN
Mvunonala Investments in 2017 was embroid in a scandal that involve the dissappearing of huge monies in Bophelo Beneficiary Fund. It never recover from that scandal.
Nedgroup Investments does not have internal fund managers per se, it select establised asset managers to manage their unit trusts funds.
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| Distributions Info (in cents) |
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| Q2 of 2023 | 15.88 |
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| Q4 of 2022 | 16.91 |
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| Q2 of 2022 | 12.61 |
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| Asset Allocation Analysis |
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| Our unit trusts prices captured in and around the end of each month and are rounded off to the nearest full 1 cent. |
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