Morningstar

Argon FR Absolute Return Fund B AARFB

Morningstar Medalist Rating
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Medalist Rating as of
  • NAV / 1-Day Return ZAR 1.26  /  +0.13 %
  • Fund Size ZAR 251.5M
  • Adjusted Expense Ratio —
  • Net Expense Ratio 1.580%
  • Fee Level: Distribution —
  • Share Class Type —
  • Morningstar Category ZAR Cautious Allocation
  • Equity Style Box (Funds) Mid Blend
  • Fixed-Income Style Box (Funds) —
  • Investment Status Open
  • TTM Yield 4.16%
  • Turnover Ratio —
NAV and 1-Day Return as of

Morningstar’s Analysis AARFB

Will AARFB outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AARFB’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AARFB management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AARFB’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Argon FR Absolute Return B holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings AARFB

More AARFB Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 23.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Eff Exp Gearing Offset Zar

11.96 34M
Cash and Equivalents

Mmi Abs 7.675 060827_1091

7.14 20M
Cash and Equivalents

Ned 7.7 060827

7.13 20M
Cash and Equivalents

REPUBLIC OF SOUTH AFRICA 28/02/33 1.88%

4.74 13M
Government

Ned 7.75 300727

4.29 12M
Cash and Equivalents

REPUBLIC OF SOUTH AFRICA 31/01/40 9%

3.48 10M
Government

Nedlnd 4.49 130427

3.18 9M
Cash and Equivalents

REPUBLIC OF SOUTH AFRICA 28/02/49 8.75%

2.71 8M
Government

Gold Fields Ltd

2.11 6M
Basic Materials

Naspers Ltd

1.93 5M
Consumer Cyclical

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