The Fund aims primarily to provide capital growth whilst additionally providing a reasonable level of income
The Fund invests primarily in the equities (e.g. shares) of companies involved in mining, minerals, energy, natural resources and other commodities
Other investments may include the units of other funds (including foreign funds) and derivatives (financial contracts whose value is linked to the price of an underlying asset)
Fund features
A specialist equity fund focused on commodity-related companies primarily listed in South Africa
Provides diversification from general equity funds
More volatile than a general equity fund
Daniel Sacks
Portfolio Manager
Daniel is a portfolio manager at Ninety One and a member of the SA Equities &...
Investment objective summary
The Fund aims primarily to provide capital growth whilst additionally providing a reasonable level of income
The Fund invests primarily in the equities (e.g. shares) of companies involved in mining, minerals, energy, natural resources and other commodities
Other investments may include the units of other funds (including foreign funds) and derivatives (financial contracts whose value is linked to the price of an underlying asset)
Fund features
A specialist equity fund focused on commodity-related companies primarily listed in South Africa
Provides diversification from general equity funds
More volatile than a general equity fund
Daniel Sacks
Portfolio Manager
Daniel is a portfolio manager at Ninety One and a member of the SA Equities & Multi-Asset team. He has portfolio management responsibility for the South African Commodity Strategy. In addition, he is responsible for the analysis of South African precious metals shares.
He joined the firm in 1997 as a portfolio administrator, before moving to the investment team in 1999 as an investment analyst in the resources sector.
Daniel graduated from the University of Cape Town with a Bachelor of Business Science (Honours) degree in Economics and is a CFA® Charterholder.
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