Morningstar

Ninety One Global Managed Income Feeder Fund B INGB

Morningstar Medalist Rating
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Medalist Rating as of
  • NAV / 1-Day Return ZAR 2.45  /  −0.20 %
  • Fund Size ZAR 1.3B
  • Adjusted Expense Ratio —
  • Net Expense Ratio 1.730%
  • Fee Level: Distribution Above Average
  • Share Class Type —
  • Morningstar Category ZAR Cautious Allocation - Global
  • Equity Style Box (Funds) Large Value
  • Fixed-Income Style Box (Funds) —
  • Investment Status Open
  • TTM Yield 0.00%
  • Turnover Ratio —
NAV and 1-Day Return as of

Morningstar’s Analysis INGB

Will INGB 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 INGB’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the INGB 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 INGB’s parent organization’s priorities and whether they’re in line with investors’ interests.

A defensive multi-asset strategy where income drives total returns.

Principal Tom Mills

Tom Mills

Principal

Summary

The strategy is a solid proposition for cautious investors, with total returns largely made up of regular and stable income from a diversified asset pool. An experienced team and a well-structured process underpin our conviction in the strategy, and we maintain Above Average People and Process ratings.

by Tom Mills
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Portfolio Holdings INGB

More INGB Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 99.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Ninety One GSF Glb Mang Inc I Acc USD

99.10 1B
—

FirstRand Bank Ltd ZAR Capital Account

0.90 11M
Cash and Equivalents

FirstRand Bank Ltd USD Capital Account

0.00 24,840
Cash and Equivalents

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