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Balanced Fund

Overview

Prices

Fees

raging bull award winner 2019The Morningstar Award winner 2020

This fund aims to provide investors with high, long-term capital growth within the constraints of the statutory investment restrictions for retirement funds. The fund seeks to provide a moderated exposure to volatility in the short term.

As the fund aims to maximise returns, it will have a strong bias towards equities – typically the asset class with the highest expected long-term returns. The fund’s exposure to asset classes will be managed in accordance with the outcomes of the investment manager’s in-house research process to position it for changing market conditions and in order to maximise long-term returns without assuming the excess risk of loss.

Who should invest?
The fund is suitable for investors who are building up their long-term retirement savings and require capital growth. Investors would also be seeking to preserve the purchasing power of their capital over the long term, with a time horizon of three years or longer.

This fund is available as a tax-free investment option.

Overview

Prices

Fees

Latest Price
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Price
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Overview

Prices

Fees

Minimum investment and fees (excl VAT)

  • Lump sum: R5 000 and/or monthly debit order of R500
  • Initial fee: 0.00%
  • Financial adviser fee (maximum): 3.00%
  • Ongoing advice fee (maximum): 1.00% per annum
  • Management fee: 1.25% per annum

Fund return

Benchmark return

Fund Return
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Benchmark Return
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Outperformance
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The benchmark is the average performance in the South African Multi Asset High Equity unit trust universe. Performance is annualised and based on a lump sum investment using Class A Net Asset Value (NAV) prices with income distributions reinvested. Performance figures are quoted after deduction of all costs incurred within the fund. The performance graph is for illustrative purposes only. Source: Morningstar