Element Islamic Balanced SCI Fund Performance

Investment Returns

 

As at 28 February 2018 Element Islamic Balanced SCI Fund Shari’ah Balanced Fund Average RELATIVE
Unannualised since Inception 50.53% 99.97% -49.50%
Annualised since Inception 5.35% 9.24% -3.80%
Annualised 7 Year 5.86% 9.20% -3.30%
Annualised 5 Year 5.71% 7.82% -2.10%
Annualised 3 Year 5.01% 4.14% 0.90%
Annualised 2 Year 9.03% 5.37% 3.60%
1 Year 5.30% 5.05% 0.20%

Figures quoted are from Element Investment Managers, for a lump sum using NAV-NAV with income distributions reinvested.

Risk

As at 28 February 2018 Element Islamic Balanced SCI Fund Shari’ah Balanced Fund Average ALSI
5 Year Sharpe Ratio -0.49 -0.30 0.14
5 Year Sortino Ratio 0.04 0.74 1.07
Max Drawdown (Since inception – Apr 2010) -11.5% -5.0% -8.5%
Information Ratio (Since inception – Apr 2010) -0.8

Monthly Returns

Jan Feb March April May June July Aug Sept Oct Nov Dec
2010 -0.3% -2.4% -0.9% 1.6% -0.6% 1.9% 0.9% 0.7% 0.9%
2011 0.7% -1.8% 1.8% 0.6% 0.4% -1.4% -0.9% 0.3% 0.3% 3.5% -1.0% -0.6%
2012 2.2% 0.7% -0.7% 0.5% -0.5% -0.8% 1.4% 0.5% 1.5% 2.3% 0.1% 0.2%
2013 3.9% -1.9% 0.4% -3.0% 5.4% -5.1% 3.0% 2.4% 1.3% 3.5% -2.1% 0.9%
2014 2.8% 1.2% 0.2% 1.3% 0.3% 1.6% 1.6% 0.0% -2.1% -3.4% 1.2% 0.9%
2015 0.2% 1.2% -3.1% 1.9% -0.8% -3.2% -1.5% -0.8% -2.5% 5.0% -3.6% 2.0%
2016 -0.3% 4.9% 0.3% 2.4% 0.8% -0.9% 4.4% 0.4% -0.6% -3.7% 2.7% 4.6%
2017 -0.3% 4.9% 0.3% 0.26% 0.23% 0.09% 3.22% 2.52% 0.20% 3.44% -0.87% -1.48%
2018 -0.04% -3.21%

For further information, please view our Fund Fact Sheets/ Mandatory Disclosure Documents

Figures quoted are from Element Investment Managers (Pty) Limited, for the period as per month ended in the Performance table above, for a lump sum investment, using NAV-NAV figures net of fees with income distributions reinvested on the ex-dividend date. Annualised performance quoted is the average return per year over the period. Collective Investment Schemes in Securities (CIS) prices are calculated on a Net Asset Value (NAV) basis, which is the total value of all assets in the Fund, including any income accrual and less all permissible deductions in terms of the Act, divided by the number of units in issue. Permissible deductions include brokerage, MST, auditor’s fees, bank charges, trustee fees and service charges of the manager. Different classes of participatory interests apply to this Fund and are subject to different fees and charges. Performance is shown for the most expensive class of the Fund and individual investor performance may differ as a result of initial fees, actual investment date, date of any subsequent reinvestment and any dividend withholding tax. A schedule of fees, charges and maximum commissions is available on request from the manager. The annual management fee is levied monthly on the daily value of the Fund, and no performance fees are charged. Commission and incentives may be paid and if so, would be included in the overall costs.

CIS are traded at ruling prices and can engage in scrip lending and borrowing (except for the Element Islamic Funds). Transaction cut-off time is at 15h00 daily, and the Fund is valued daily at 15h00 using forward pricing. Fund prices are published each business day at www.elementim.co.za and in select media publications.

CIS are generally medium- to long-term investments. The value of participatory interests may go down as well as up and past performance is not necessarily a guide to the future. The manager does not provide any guarantee with respect to the capital or the return of the Fund. Fluctuations or movements in exchange rates may cause the value of underlying international investments to go up or down.

The Fund may be closed to new investments at any time in order to be managed in accordance with its mandate.

Standard Bank of South Africa Ltd is the appointed trustee of the SCI Scheme.

Element Investment Managers is an authorised financial services provider and a full member of the Association for Savings & Investment SA (ASISA). In addition, SCI (RF) Pty Ltd is a registered and approved Manager in Collective Investment Schemes in Securities and the Sanlam Group is a full member of the Association for Savings & Investment SA.