About the Manager and Strategy

RISK
50-90

The Cannon Balanced Bundle invests in a portfolio of shares. bonds. property. commodities and cash. The bundle is managed to comply with the investment limits governing retirement funds (Regulation 28 of the Pension Funds Act).  This means the bundle may hold foreign assets with an exposure of up to 25%. with an allowance for an additional 5% for African (ex-South Africa) investments. The bundle may also have exposure to growth assets. including equities (up to 75%) and property (up to 25%). but may not hold more than 90% exposure to equities and property combined.  As noted. the bundle has the latitude to invest across all other major asset classes. including cash. bonds and commodities to produce long-term investment returns with a moderate risk profile.

 The strategic allocation to the various asset classes is fixed at optimal weights. although this can be varied tactically from time-to-time to take advantage of asset class mispricing.  The exposure within the different asset classes is managed on a passive basis. which ensures holdings deliver asset-class returns and that the costs are kept as low as possible.  The goal of the Cannon Balanced Bundle is to produce steady. long-term wealth creation for investors by balancing income generation and capital growth whilst managing the risk of loss.

The Cannon Balanced Bundle is suited for you if you are looking for steady. long-term capital growth ahead of consumer price inflation; have an investment horizon of at least three years; and you are able to tolerate market fluctuations and potential capital loss as part of a long-term wealth creation process.

Bundle Management Fee: 0.65%

Risk Number: 50-90

Investment Period: 3+ Years

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Bundle Information

RA Investable YES
Launch Date 2018/01/31
Benchmark CPI+4
Minimum Time Horizon 3 Years
RA ZAR TFSA USD

Percentage and Performance

Costs

Management/Bundle Fee 0.65%
TER 1.06%
Estimated TC 0.13%
Estimated TIC 1.19%

Performance

* Performance quoted excludes management / bundle fee's
Sep 2021 1.37%
Last 3 Months 4.55%
Last 6 Months 7.39%
YTD 11.29%
Last 12 Months 15.05%
Last 3 Years N/A
Last 5 Years N/A
Since Inception N/A

Bundle NAV

Volatility

Since Inception 9.92%
1 Year Volatility 7.17%
3 Year Volatility 10.17%
Best Month 8.37%
Worst Month -7.93%
Maximum Drawdown -14.91%
Since Inception 9.92%
1 Year Volatility 7.17%
3 Year Volatility 10.17%
Best Month 8.37%
Worst Month -7.93%
Maximum Drawdown -14.91%

Sector Allocation

Asset Allocation

Bonds 23.96%
Property 5.17%
Cash 9.52%
Local Equity 30.26%
Foreign Equity 31.09%

Constituents

Here is a list of companies/ETFs that make up this bundle.