About the Manager and Strategy

RISK
75-99

The portfolio is actively managed. and the strategy is to remain fully exposed to international equities. Machabeng is invested in companies that represent superior intrinsic value. that are underpinned by strong fundamentals and that are backed by experienced management teams with solid track records. The firms are identified and selected using a disciplined investment process. This process is based on detailed bottom-up research conducted with a long-term view.

US dollar-denominated assets make up 100% of the portfolio. which has a long-term strategic target to hold assets priced in hard currencies. Exposure to other major currencies – including the Euro. Swiss franc Chinese yuan. Japanese yen and British pound – is achieved through the operations of the underlying companies in geographies outside of the US.

The exposure to equities is established through a concentrated portfolio of companies held over long investment periods. which means portfolio management costs are kept as low as possible. The primary goal of the portfolio is to produce high capital growth over the long term measured in US dollars.

The Machabeng Portfolio invests in a portfolio of global equities. Exposure to growth-based. dollar-priced assets means that the portfolio does not comply with the investment limits governing retirement funds (Regulation 28 of the Pension Funds Act). There are no limits or constraints to the geographic allocation or currency allocation of the portfolio. The portfolio matches equity sector exposure based on global equity market sector exposures. The underlying assets are then chosen based on valuation. financial strength and equity class. and thereafter certain equities are excluded based on their environmental. social or governance issues. These shares are held over the longer term to realize their value.

The portfolio is suited to investors who:

  • seek long-term capital growth ahead of US dollar consumer price inflation and ahead of headline equity-market indices (specifically the S&P 500);
  • can tolerate short-term portfolio volatility associated with an aggressive investment mandate;
  • need global investment exposure; and
  • have an investment horizon of at least five years.
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Bundle Information

RA Investable NO
Launch Date
Benchmark S&P 500 Index
Minimum Time Horizon 5 Years
RA ZAR TFSA USD

Percentage and Performance

Costs

Management/Bundle Fee 1.35%
TER 1.35%
Estimated TC 0.13%
Estimated TIC 1.48%

Performance

* Performance quoted excludes management / bundle fee's
Aug 2022 6.54%
Last 3 Months -1.36%
Last 6 Months -6.16%
YTD -6.94%
Last 12 Months -3.81%
Last 3 Years N/A
Last 5 Years N/A
Since Inception N/A

Bundle NAV

Volatility

Since Inception 18.69%
1 Year Volatility 16.99%
3 Year Volatility 18.69%
Best Month 11.96%
Worst Month -12.92%
Maximum Drawdown -22.91%

Sector Allocation

Asset Allocation

Bonds 0%
Property 0%
Cash 0%
Local Equity 0%
Foreign Equity 0%

Constituents

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

Caterpillar Inc
8.02%
Sector
Industrials
Industry
Sub Industry
Industry Group Name
Micron Technology Inc
6.33%
Sector
Information Technology
Industry
Sub Industry
Industry Group Name
T. Rowe Price Group
6.26%
Sector
Financials
Industry
Sub Industry
Industry Group Name
Capital One Financial Corp
6.25%
Sector
Financials
Industry
Sub Industry
Industry Group Name
Seagate Technology
6.10%
Sector
Information Technology
Industry
Sub Industry
Industry Group Name
eBay Inc
5.43%
Sector
Consumer Discretionary
Industry
Sub Industry
Industry Group Name
Apple Inc
5.00%
Sector
Information Technology
Industry
Sub Industry
Industry Group Name
American Express Co
4.87%
Sector
Financials
Industry
Sub Industry
Industry Group Name
Conocophillips
4.21%
Sector
Energy
Industry
Sub Industry
Industry Group Name
Lockheed Martin Corp
3.98%
Sector
Industrials
Industry
Sub Industry
Industry Group Name
BHP Group Ltd
3.78%
Sector
Industry
Sub Industry
Industry Group Name
Intl Business Machines Corp
3.72%
Sector
Information Technology
Industry
Sub Industry
Industry Group Name
Amgen Inc
3.66%
Sector
Health Care
Industry
Sub Industry
Industry Group Name
Liberty Global Plc-A
3.51%
Sector
Communication Services
Industry
Sub Industry
Industry Group Name
Pepsico Inc
3.33%
Sector
Consumer Staples
Industry
Sub Industry
Industry Group Name
Biogen Inc
3.20%
Sector
Health Care
Industry
Sub Industry
Industry Group Name
Alibaba Group Holding Ltd
3.14%
Sector
Industry
Sub Industry
Industry Group Name
Altria Group Inc
3.05%
Sector
Consumer Staples
Industry
Sub Industry
Industry Group Name
Cash
2.84%
Sector
Industry
Sub Industry
Industry Group Name
Kla-Tencor Corp
2.83%
Sector
Information Technology
Industry
Sub Industry
Industry Group Name
Verizon Communications Inc
2.41%
Sector
Communication Services
Industry
Sub Industry
Industry Group Name
PPL Corporation
2.26%
Sector
Utilities
Industry
Sub Industry
Industry Group Name
Bristol-Myers Squibb Co
2.00%
Sector
Health Care
Industry
Sub Industry
Industry Group Name
Occidental Petroleum Corp
1.87%
Sector
Energy
Industry
Sub Industry
Industry Group Name
Simon Property Group Inc
1.83%
Sector
Real Estate
Industry
Sub Industry
Industry Group Name

EasyWealth is a product of First World Trader (Pty) Ltd t/a EasyEquities (registration number 1999/021265/07) which is an authorized Financial Services Provider (FSP number 22588) and a registered credit provider (NCRCP 12294).The contents of this website are for information purposes only. The information listed herein is of a factual nature and must not be construed as financial advice. The value of financial products can go down, as well as up, as a result of a variety of factors depending on the type of financial products such as a change in the value of the underlying investments, company profits, future prospects and more general market factors. An investor may not recoup the full amount invested. Source of performance data: EasyEquities platform. Past performance is not necessarily an indication of future performance. All performance figures reported are the actual performance of the model portfolio taken from the EasyEquities platform. Bundles without model portfolios (static weights) are excluded. The volatility is calculated as the annualised standard deviation of monthly percentage returns. For periods greater than 1 year, performance is annualised. Forecasts, illustrations, hypothetical data and examples are for illustrative purposes only and are not guaranteed to occur. Any projections contained in the information are estimates only and are not guaranteed to occur. The projections, if any, are subject to market influences and contingent upon matters outside the control of the company, so may not be realised in the future. The investment value, if any, of a financial product is not guaranteed.

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