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1NVEST Inflation Linked Bond Index Tracker Fund  |  South African–Interest Bearing–Variable Term ILB
1.0633    -0.0012    (-0.113%)
NAV price (ZAR) Thu 12 Jun 2025 (change prev day)


 
Technical Details  
 

Formation Date (A)

21 Oct 2015

Fund Size (ZAR)

1 461 975 692

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A)

SLBIA

ISIN (A)

ZAE000210027

Pricing

Daily

Number of unitholders

22

ASISA Category

SA-Interest Bearing-Variable Term ILB

Benchmark

JSE ASSA IGOV sub-index of the Composite Inflation Linked Index

Income Distributions

31/03,30/06,30/09,31/12

Income Payment

01/04,01/07,01/10,02/01

Trustee

Standard Chartered Bank, Absa Bank Limited

Management Company

STANLIB Collective Investments (RF) (Pty) Ltd.

Fund Management

Rademeyer Vermaak, Ryan Basdeo

Minimum Investment

R5 000

Minimum Top-Up

-

Minimum Monthly

R500

Risk Rating

Low-Medium

 
Fund Objective  
 
The investment objective of the 1NVEST INFLATION LINKED BOND INDEX TRACKER FUND is to fully replicate both the interest-income and capital growth return of the iGov index ('the Index'), a sub-index of the Composite Inflation Linked Index ('CILI') calculated by the Johannesburg Stock Exchange in conjunction with the Actuarial Society of South Africa .In order to achieve this objective, investments to be acquired for the 1NVEST INFLATION LINKED BOND INDEX TRACKER FUND will consist of a spread of non-equity securities issued by the South African Government to the maximum permitted by the Act, and any other securities, which may be included in a portfolio in terms of the Act and relevant legislation, which are consistent with the portfolio's investment policy, but which will be limited to bonds.The...Read more
 
Management  
 
Ryan Basdeo (BCom, (Taxation), MBA (Wits), Registered Security Trader)
After beginning his career as a financial accountant in the employee benefits industry, Ryan joined STANLIB Asset Management in their Institutional Pricing team in 2008. He got experience in the Offshore Trades Processing team from 2010, before moving on to Alternative Investments as market maker for the ETFs and executing trades for the index-tracking funds, as well as assistance with portfolio management. He was appointed a Portfolio Manager in 2017. Ryan has a BCom in Taxation degree, is a JSE Registered Securities Trader, as well as a Registered Bond Trader and has been awarded a MBA from Wits Business School.

Rademeyer Vermaak (M Eng.(Electronic), CFA)
Rademeyer started his career in 2004 at Liquid Capital Markets in London, UK, where as a quantitative analyst he was responsible for the pricing and risk management of listed derivatives. He progressed to the Quantitative Investment team at Liquid Capital Markets, where he was involved in the research and trading of quantitative investment models. Rademeyer subsequently set up Radian Consulting as a quantitative investment and derivatives risk management consultancy where he consulted on derivatives risk management at Barclays Capital, RBS Sempra Commodities, Lloyds Bank Corporate Markets and Dresdner Kleinwort Investment Bank. More recently, he was a founding partner, Head of Quantitative Research and fund manager of the Mansard CTA quantitative fund at Mansard Capital in London. Upon his return from the UK in 2012, Rademeyer joined Fairtree Capital as quantitative fund manager and risk manager.
 
Fees and Costs - Class A
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee0.46%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (31/03)0.47%
TER Performance Fee0.00%
Transaction Costs Ratio0.00%
Total TER0.47%
 
Distribution - Class A
DeclaredPayAmountClassCurrency
31 Mar 20251 Apr 20251.125AZARc
31 Dec 20242 Jan 20252.009AZARc
30 Sep 20241 Oct 20242.507AZARc
30 Jun 20241 Jul 20246.048AZARc
31 Mar 20242 Apr 20240.760AZARc
31 Dec 20232 Jan 20240.740AZARc
30 Sep 20232 Oct 20230.710AZARc
30 Jun 20233 Jul 20230.690AZARc
31 Mar 20233 Apr 20230.670AZARc
31 Dec 20223 Jan 20230.720AZARc
 
Statutory Data
 
Management CompanySTANLIB Collective Investments (RF) (Pty) Ltd.
Registration Number1969/003468/07
DirectorsN Criticos, D T V Msibi, D C Munro, J M Parrat (Secretary), T Skweyiya, J H Sutcliffe (British citizen), H Walker (British citizen)
TrusteeStandard Chartered Bank, Absa Bank Limited
AuditorsPricewaterhouseCoopers
Sponsors-
AdvisorsSTANLIB Asset Management (Pty) Ltd.
Physical Address17 Melrose Boulevard Melrose Arch Melrose 2196
Postal AddressPO Box 202 Melrose Arch 2076
Telephone011-448-6000
Tollfree0860-123-003
Fax0867-277-501
EmailStanlibFinancialReporting@stanlib.com
Websitehttp://www.stanlib.com