{"id":292870,"date":"2019-01-10T11:47:15","date_gmt":"2019-01-10T09:47:15","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=292870"},"modified":"2019-01-10T11:47:15","modified_gmt":"2019-01-10T09:47:15","slug":"this-is-how-much-money-you-would-have-made-investing-r100-in-south-africas-top-unit-trusts","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/finance\/292870\/this-is-how-much-money-you-would-have-made-investing-r100-in-south-africas-top-unit-trusts\/","title":{"rendered":"This is how much money you would have made investing R100 in South Africa’s top unit trusts"},"content":{"rendered":"

Investment data group FundsData has published a ranking of the best and worst performing South African general equity unit trusts over the past five years, showing which portfolios would have delivered the strongest and weakest returns.<\/p>\n

FundsData tracks the historic performance data of\u00a0 funds across a wide variety of sectors, showing how much an investment of R100 would have delivered over six months, one, three or five years – assuming that any gains over the period were reinvested into the fund.<\/p>\n

As with most historic analysis, past performances of isn’t an indication of future gains, but it does give insight into which funds have a strong track record for delivering returns. For the assessment below we used FundsData’s information on five-year valued.<\/p>\n

Among the general funds<\/a><\/strong> that have five-year data available (135 funds), only five failed to show any growth at all, with a return under the initial R100.<\/p>\n

The other 130 funds showed a return ranging from R101.50 (STANLIB SA Equity) to the top performer, the Fairtree Equity Precient Fund, with a return of R153.01.<\/p>\n

The five funds that under-performed ranged from a R99.39 return on the IFM Technical fund, to the worst performer, the Cannon Equity H4 fund, which delivered a five-year return of only R84.53.<\/p>\n

Riskiest funds<\/strong><\/p>\n

FundsData provides a volatility score which is used as an indicator of risk attached to any given fund.<\/p>\n

To calculate the volatility, ProfileData used the standard deviation of monthly returns over a 36-month period – accepted internationally as the optimum period. This figure was then annualised to give an indication of the level of fluctuation which can be expected (based on history) over a year in normal market conditions.<\/p>\n

Simply put, the higher the figure the higher the volatility or risk.<\/p>\n

Based on this metric, the Aylett Equity Prescient fund was found to be the least risky, with annualised volatility of 6.56%, delivering afive-year return of R147.04. Counterpoint’s SCI Dividend Equity fund also showed low volatility (6.84%) with a five-year return of R130.40.<\/p>\n

On the other side of the spectrum, three Investec funds (H, A, and R) showed the highest volatility (21%+), with returns ranging from R123.98 to R129.59. Other high risk funds include Satrix DIVI ETF (13.77%, five-year return of R136.05) and Sygnia’s DIVI Index (13.74%, with five-year return of R132.30).<\/p>\n

The table below outlines the top 10 and bottom 10 funds on the general board – including their volatility rating.<\/p>\n

\n
\n\n\n\n\n\n\n\n\n\n\n\n\n
Top Funds<\/th>\nFund Size (Rm)<\/th>\n5-year return on R100<\/th>\nVolatility (ann.)<\/th>\n<\/tr>\n
Fairtree Equity Prescient Fund – A1<\/td>\nR10 164<\/td>\nR153.01<\/td>\n12.70%<\/td>\n<\/tr>\n
Aylett Equity Prescient Fund – Aq<\/td>\nR1 226<\/td>\nR147.04<\/td>\n6.56%<\/td>\n<\/tr>\n
Anchor BCI Equity – A<\/td>\nR899<\/td>\nR143.17<\/td>\n10.53%<\/td>\n<\/tr>\n
Satrix Momentum Index – A2<\/td>\nR390<\/td>\nR142.13<\/td>\n12.69%<\/td>\n<\/tr>\n
Satrix Momentum Index – A1<\/td>\nR390<\/td>\nR140.50<\/td>\n12.70%<\/td>\n<\/tr>\n
Investec Equity – R<\/td>\nR8 351<\/td>\nR139.87<\/td>\n10.94%<\/td>\n<\/tr>\n
Investec Equity – H<\/td>\nR8 351<\/td>\nR139.49<\/td>\n10.91%<\/td>\n<\/tr>\n
Allan Gray Equity – C<\/td>\nR39 282<\/td>\nR138.83<\/td>\n9.25%<\/td>\n<\/tr>\n
Allan Gray Equity – A<\/td>\nR39 282<\/td>\nR137.85<\/td>\n9.26%<\/td>\n<\/tr>\n
Bridge Equity Income Growth – C<\/td>\nR329<\/td>\nR137.48<\/td>\n9.82%<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n
Bottom Funds<\/th>\nFund Size (Rm)<\/th>\n5-year return on R100<\/th>\nVolatility (ann.)<\/th>\n<\/tr>\n
Sanlam Multi Managed Equity FoF – A2<\/td>\nR44<\/td>\nR104.26<\/td>\n9.68%<\/td>\n<\/tr>\n
Huysamer Equity Prescient Fund – A<\/td>\nR9<\/td>\nR103.81<\/td>\n10.52%<\/td>\n<\/tr>\n
Personal Trust SA Equity – A<\/td>\nR500<\/td>\nR103.26<\/td>\n10.04%<\/td>\n<\/tr>\n
CITADEL SA Equity H4 – B<\/td>\nR554<\/td>\nR101.99<\/td>\n10.14%<\/td>\n<\/tr>\n
STANLIB SA Equity – A<\/td>\nR2 762<\/td>\nR101.51<\/td>\n10.49%<\/td>\n<\/tr>\n
IFM Technical – A<\/td>\nR46<\/td>\nR99.39<\/td>\n12.93%<\/td>\n<\/tr>\n
Maestro Equity Prescient Fund – A<\/td>\nR34<\/td>\nR97.69<\/td>\n11.11%<\/td>\n<\/tr>\n
3 Laws Climate Change Equity Prescient Fund – A1<\/td>\nR14<\/td>\nR96.30<\/td>\n8.52%<\/td>\n<\/tr>\n
RECM Equity – B<\/td>\nR109<\/td>\nR93.77<\/td>\n10.61%<\/td>\n<\/tr>\n
Cannon Equity H4 Fund – A<\/td>\nR20<\/td>\nR84.53<\/td>\n9.41%<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

Among large-cap funds<\/a><\/strong>, which generally focus around the JSE’s top 40 companies, of the 24 funds ranked by FundsData, only two under-performed over five years.<\/p>\n

The STANLIB Swix 40 showed the greatest return, delivering R130.78 after five years, while the NewFunds Shari-ah Top40 Index tracked the lowest, returning only R94.50.<\/p>\n

Most of the top funds showed similar returns, pointing to the general stability of the top-40 trackers, while the risk\/volatility rates were also around the same.<\/p>\n

The under-performers tended to be the funds that gave equal weighting to the top40 companies, or incorporated large-cap stocks outside of the top 40.<\/p>\n

The table below outlines the top five and bottom five funds on the large cap index – including their volatility rating.<\/p>\n

\n
\n\n\n\n\n\n\n\n
Top Funds<\/th>\nFund Size (Rm)<\/th>\n5-year return on R100<\/th>\nVolatility (ann.)<\/th>\n<\/tr>\n
STANLIB Swix 40 -A<\/td>\nR1 013<\/td>\nR130.78<\/td>\n12.59%<\/td>\n<\/tr>\n
Satrix Swix Top 40 – A<\/td>\nR1 014<\/td>\nR129.28<\/td>\n12.82%<\/td>\n<\/tr>\n
Ashburton Top 40 ETF<\/td>\nR4 639<\/td>\nR129.04<\/td>\n12.43%<\/td>\n<\/tr>\n
STANLIB Top 40 – A<\/td>\nR4 626<\/td>\nR128.94<\/td>\n12.42%<\/td>\n<\/tr>\n
Satrix 40 – A<\/td>\nR4 635<\/td>\nR128.86<\/td>\n12.62%<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n
\n
\n\n\n\n\n\n\n\n
Bottom Funds<\/th>\nFund Size (Rm)<\/th>\n5-year return on R100<\/th>\nVolatility (ann.)<\/th>\n<\/tr>\n
Saffron SCI Large Cap – A<\/td>\nR216<\/td>\nR116.67<\/td>\n10.58%<\/td>\n<\/tr>\n
CoreShares Top 40 Equally Weighted ETF<\/td>\nR109<\/td>\nR111.58<\/td>\n11.06%<\/td>\n<\/tr>\n
Satrix Equally Weighted Top 40 Index – A1<\/td>\nR178<\/td>\nR110.07<\/td>\n10.46%<\/td>\n<\/tr>\n
NewFunds S&P GIVI SA Top 50<\/td>\nR86<\/td>\nR95.53<\/td>\n13.50%<\/td>\n<\/tr>\n
NewFunds Shari-ah Top40 Index<\/td>\nR51<\/td>\nR94.50<\/td>\n15.97%<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

All data sourced from FundsData, as at 8 and 9 January 2019.<\/em><\/p>\n

\n

Read:\u00a0How South Africa\u2019s top 40 companies performed in 2018<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Investment data group FundsData has published a ranking of the best and worst performing South African funds over the past five years, showing which portfolios would have delivered the strongest and weakest returns.<\/p>\n","protected":false},"author":10,"featured_media":283152,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11121],"tags":[26,175],"class_list":["post-292870","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-headline","tag-jse"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/292870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=292870"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/292870\/revisions"}],"predecessor-version":[{"id":292878,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/292870\/revisions\/292878"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/283152"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=292870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=292870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=292870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}