Fund Overview
Risk Profile
Objective
The Catalyst SA Property Equity Fund is an actively managed fund, which has a total return objective and seeks to offer investors a return in excess of the South African domestic property equity markets. The fund has a medium to longer-term investment horizon. The fund’s return objective is to outperform the FTSE/JSE SA Listed Property Index.
Investor Profile
Investors seeking long term returns in excess of bonds and cash.
This fund is appropriate for individuals and institutions seeking a high yielding income stream plus the prospect of income growth.
The fund is ideal for investors looking for a proxy for real estate and requires a property building block for their entire diversified portfolio.
Offshore Exposure
Yes
Inception Date
1 February 2005
Fund Code
CSPE
Fund Manager(s)
Andre Stadler
Top 10 Holdings at 31 March 2011
Growthpoint Properties Ltd
22.34%
Capital Property Fund Ltd
13.96%
Fountainhead Property Trust
7.13%
Emira Property Fund
7.04%
Resilient Prop Income Fund Ltd
5.84%
Acucap Properties Ltd
5.50%
SA Corporate Real Estate Fund
5.40%
Hyprop Investments Ltd
4.82%
Sycom Property Fund
3.31%
Total Holdings 87.72%
Asset Allocation at 31 March 2011
Top 10 Holdings at 31 December 2010
Growthpoint Properties Ltd
23.22%
Redefine Properties Ltd
12.49%
Pangbourne Properties Ltd
9.39%
Fountainhead Property Trust
7.58%
Resilient Prop Income Fund Ltd
6.74%
Emira Property Fund
5.88%
SA Corporate Real Estate Fund
5.47%
Hyprop Investments Ltd
5.36%
Acucap Properties Ltd
4.70%
Capital Property Fund Ltd
3.71%
Total Holdings 84.54%
Asset Allocation at 31 December 2010
Top 10 Holdings at 30 September 2010
Growthpoint Properties Ltd
22.35%
Redefine Properties Ltd
17.61%
Hyprop Investments Ltd
7.17%
Pangbourne Properties Ltd
6.86%
Resilient Prop Income Fund Ltd
6.52%
Fountainhead Property Trust
5.57%
Emira Property Fund
5.36%
SA Corporate Real Estate Fund
5.20%
Acucap Properties Ltd
4.85%
Capital Property Fund Ltd
4.81%
Total Holdings 86.31%
Asset Allocation at 30 September 2010
Top 10 Holdings at 30 June 2010
Growthpoint Properties Ltd
21.78%
Redefine Properties Ltd
17.56%
Hyprop Investments Ltd
7.53%
Pangbourne Properties Ltd
7.01%
Resilient Prop Income Fund Ltd
6.55%
Fountainhead Property Trust
5.63%
Emira Property Fund
5.50%
SA Corporate Real Estate Fund
5.47%
Capital Property Fund Ltd
4.75%
Acucap Properties Ltd
4.63%
Total Holdings 86.41%
Asset Allocation at 30 June 2010
Top 10 Holdings at 31 March 2010
Growthpoint Properties Ltd
20.69%
Redefine Properties Ltd
18.82%
Hyprop Investments Ltd
7.51%
Pangbourne Properties Ltd
7.18%
Resilient Prop Income Fund Ltd
6.34%
Fountainhead Property Trust
6.14%
SA Corporate Real Estate Fund
5.28%
Emira Property Fund
5.22%
Acucap Properties Ltd
4.72%
Capital Property Fund Ltd
4.68%
Total Holdings 86.60%
Asset Allocation at 31 March 2010
