Research

FTSE/JSE Research Affiliates Fundamental Indexation® (RAFI®)

Dibanisa Fund Managers has offered Fundamental Tracking portfolios (also called Price Indifferent Indexation) since November 2007.   More...

 

FTSE RAFI All World 3000 Index

Dibanisa Fund Managers, the local arm of Old Mutual Global Index Trackers (OMGxT), has offered Fundamental Tracking portfolios (also called Price Indifferent Indexation) since November 2007. OMGxT has begun the process of launching an Undertaking for the Collective Investment of Transferable Securities (UCITS) fund that will offer investors access to an All World Fundamental Tracking portfolio, domiciled in Dublin.   More...

 

BESA GOVI Tracker Fund

Our analysis shows that an aggregated portfolio, comprised of a combination of active bond fund holdings, has a large "de facto" passive GOVI index core component. This is accentuated in larger funds.   More...

 

An Investible South African Corporate Bond Index: Construction and Tracking

In Feb 2009, Dibanisa in collaboration with Dr Brett Dugmore of Cadiz Securities, began research to determine the viability of creating an SA bond index that would be investible and superior to the ALBI - this was phase 1.   More...

 

Get a head start in the race to achieve your financial goals...

With so many investment options available to South Africans, it is important that you consider more than just a fund’s performance objectives when making your choices.   More...

 

Utilising Tracker Funds to Replicate Active Fund Returns

This is an interesting research piece that evaluates the feasibility of replicating the performance of an active equity fund with a combination of one or more tracker funds.   More...

 

Utilising Tracker Funds in a More Uncertain World

The case for including indexation as part of an overall investment strategy.   More...

 

An active-only investment strategy begs the question

Conventional wisdom dictates that not all your eggs should be placed in one basket when choosing the fund manager responsible for your members’ savings — as the possibility of underperformance by any single manager relative to the chosen benchmark is usually too high a risk to accept.   More...

 

The average fund manager’s worst investment decision

Explaining being 14.18% behind benchmark after a three and a half year period of under performance sounds like every fund manager’s worst nightmare.   More...

 

Dynamic active beta blending

In a previous report we introduced a strategic asset allocation model, based on the skill of the active manager, to allocate assets between active and passive managers.   More...

 

Are active bond managers simply 'warehousing' a portion of your fund’s assets?

This report analyses the performance of actively managed funds in the South African Bond market over the last 5 years.   More...

 

Afrifocus Active Passive Blending

Investment managers tend to focus on either active or passive management. We believe that this exclusive approach is not optimal, since at the composite level, the portfolio structure is not aligned with the utility of the investor:   More...

 

How a small long-term strategic weight to a Resource Tracker can improve on an active-only blend

Explaining why he was 14.18% behind his benchmark after a three-and-a-half-year period of underperformance sounds like every fund manager’s worst nightmare.   More...

 

Bond Core and Satellite Analysis

The Core-Satellite approach to investing is the division of a pension fund into a passive part ("Core") and an active part (Active satellite managers).   More...

 

Core and Satellite Case Study

The "Core"/Satellite approach to investing is the division of a pension fund into a passive part ("Core") and an active part (Active satellite managers).   More...

 

Finding the right benchmark

Good benchmarks increase the proficiency of performance evaluation, highlight the contributions of active managers and most importantly, enhance a pension fund's ability to control risk.   More...

 

New Capped and Shareholder Weighted Benchmarks

In March of 2002, Umbono and Deutsche Securities surveyed the investment houses, institutional pension funds and the asset consultants. The aim of the survey was to highlight the most important issues facing the formation of an official pension fund benchmark.   More...

 

Tracking Error

The new millennium may not have ushered in many Y2K viruses but in the world of Fund Managers and Asset Consultants, the use of tracking error analysis has become far more pervasive over the past year and a half.   More...

 

UC Capital - Historical Performance Analysis 1925 to 2003

Few investors would ever disagree with the disclaimer that accompanies most investment returns - 'past history is not necessarily a guide to future performance'.   More...

 
 
 
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Unit Trusts

Our funds provide easy access to the FTSE/JSE Top 40 and FTSE/JSE RAFI® 40 indices from as little as R500 a month or R10 000 once-off.

 
 
 
 
 
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Institutional

We track and replicate both listed and unlisted indices in whatever combination best meets our clients' needs.

 
 
 
 
 
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Contact Us

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+27 11 217 1000

Fax Number
+27 11 217 1355

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