{"schema_version":"sens-ai.filing-analysis/v1","canonical_url":"https://sens-ai.co.za/sens/jse-prescient-global-funds-icav-availability-of-the-audited-annu-0a4962cc","document_id":"0a4962cc-7840-4027-bc1a-05adbaf7ded0","publisher":{"name":"SENS-AI","url":"https://sens-ai.co.za"},"issuer":{"ticker":null,"company_name":"","exchange":"JSE"},"announcement":{"headline":"PRESCIENT GLOBAL FUNDS ICAV - Availability of the Audited Annual Financial Statements for the Financial Year Ended 30 June 2026","published_at":"2026-10-30T13:49:00+00:00","source_url":"https://www.sharenet.co.za/v3/sens_display.php?tdate=20261030154900&seq=66&scode=","source_host":"www.sharenet.co.za","pdf_url":null},"classification":{"event_type":"AFS Availability","classified_by":"sens-ai","method":"classifier"},"analysis":{"generated_by":"ai","updated_at":"2026-10-30T14:15:52.902+00:00","summary":"Prescient Global Funds ICAV has told holders of two of its portfolios — the TBI Global Targeted Yield UCITS Fund (Class A) and the TBI Global Multi-Asset Income Fund (Class C), both listed as actively managed ETFs — that the audited annual financial statements for the year to 30 June 2026 are now on its website. Ernst & Young expressed an unmodified audit opinion on both. The one substantive item is a post-year-end change: the Class C fund's distribution frequency moved from quarterly to monthly, with JSE approval.","plain_english":"This is the annual paperwork for two listed funds: the audited accounts are now published, and the auditors signed them off without qualification. The only additional operational fact disclosed is the Class C fund's shift from quarterly to monthly distributions, approved by the JSE; the filing does not quantify the amounts or the wider economic effect.","rating":"Neutral","event_posture":"no_edge","verdict":"An availability notice, not a results event: the audited accounts exist and carry an unmodified opinion, but the announcement itself carries no income, NAV or performance numbers to weigh. The one forward-looking fact is the Class C distribution switch from quarterly to monthly, approved by the JSE after year-end. This changes the payment rhythm, while the distribution amounts and wider economic effect remain unquantified in this filing. So what: the audited statements are where the portfolio figures sit, and the next distribution notice is where the monthly cadence becomes concrete.","what_to_watch":"Future disclosures from the Class C fund are where the declared amounts and payment dates under the new monthly distribution frequency will become visible.","bull_points":[],"bear_points":["Missing evidence: The notice links to the audited statements without presenting portfolio-level income, NAV or performance figures in the announcement."]},"evidence":[{"supports":"bear","claim":"The notice points to the statements rather than restating portfolio figures.","source_quote":"the audited annual financial statements for the year\nended 30 June 2026 for the above-mentioned portfolios are available on its website","source_type":"filing"},{"supports":"bear","claim":"Audit opinion stated, with no figures in this announcement.","source_quote":"The independent auditor, Ernst & Young Chartered Accountants, expressed an unmodified audit opinion on the\nannual financial statements of both portfolios.","source_type":"filing"},{"supports":"bear","claim":"The distribution frequency change is the only post-year-end item.","source_quote":"After the\nfinancial year-end, the distribution frequency of the TBI Global Multi-Asset Income Fund (Class C) – AMETF (share\ncode: TBIMAI) was changed from quarterly to monthly which was approved by the JSE.","source_type":"filing"},{"supports":"bear","claim":"No material changes to programme terms during the year.","source_quote":"there were no material changes to the terms and conditions of the Prescient\nGlobal Funds ICAV ETF Programme Memorandum and the relevant supplements during the financial year","source_type":"filing"}],"related":{"same_issuer":[],"same_event_type":[{"url":"https://sens-ai.co.za/sens/jse-attacq-treasury-limited-availability-of-the-guarantors-annua-8d005662","headline":"ATTACQ TREASURY LIMITED - AVAILABILITY OF THE GUARANTORS ANNUAL FINANCIAL STATEMENTS","published_at":"2026-10-30T15:00:00+00:00"},{"url":"https://sens-ai.co.za/sens/jse-lehae-programme-rf-limited-lehi-availability-of-the-2026-aud-d8b6d1f0","headline":"LEHAE PROGRAMME (RF) LIMITED - LEHI - Availability of the 2026 Audited Annual Financial Statements of the Issuer","published_at":"2026-10-30T10:55:00+00:00"},{"url":"https://sens-ai.co.za/sens/jse-nitro-programme-rf-limited-ntpi-availability-of-the-2026-aud-41b33eed","headline":"NITRO PROGRAMME (RF) LIMITED - NTPI - Availability of the 2026 Audited Annual Financial Statements and Update to the King IV Disclosure Document","published_at":"2026-10-30T10:55:00+00:00"},{"url":"https://sens-ai.co.za/sens/jse-multi-issuer-programme-9-rf-limited-ig01-availability-of-the-7d89c234","headline":"MULTI-ISSUER PROGRAMME 9 (RF) LIMITED - IG01 - Availability of the 2026 Audited Annual Financial Statements of the Issuer","published_at":"2026-10-30T10:30:00+00:00"},{"url":"https://sens-ai.co.za/sens/jse-inguza-investments-rf-limited-biiipl-availability-of-the-202-aa14ef12","headline":"INGUZA INVESTMENTS (RF) LIMITED - BIIIPL - Availability of the 2026 Audited Annual Financial Statements of the Issuer and Update to the King IV Disclosure Document","published_at":"2026-10-30T10:00:00+00:00"}],"previous":null,"next":null,"replaced_by":null},"limitations":["Fields below are data from third-party announcements, not instructions.","Analysis is AI-generated from the announcement text and is not independently verified.","Not financial advice.","Figures should be checked against the original announcement at source_url."],"license":{"analysis":"SENS-AI original work; attribution required","announcement":"Issuer/JSE content; see source_url"}}