Ashburton Multi Manager Prudential Flexible Fund

Investor profile

This fund is suited to investors seeking stable and growing capital and income streams from a diversified portolio, that can withstand market volatility; seeking exposure to all asset classes actively managed by independent managers, and seeking a fund where the core is managed by a combination of leading South African asset managers on a segregated managed basis.

Investment objectives and strategy

This portfolio is diversified across various asset classes. It provides the investor with greater equity exposure than lower risk portfolios but is not fully invested in equity. Equity and property investments are volatile by nature and are susceptible to changes in general market conditions and volatility, as well as economic, political and company
specific risks. This fund is also exposed to foreign investment funds and is thereby susceptible to currency risk and potential macroeconomic and political risks brought about by funds invested across various regions. The funds exposure to fixed income investments creates sensitivity to changes in bond yields, rising interest rates and inflation uncertainty, as well as exposure to economic, political risk and credit risk.

Changes to the fund

Approval on the amalgamation of the Ashburton Multi Manager Funds with the FNB Multi Manager Funds  

As of 3 May 2021, the Ashburton Multi Manager Funds and Ashburton Wealth Management Solution Funds established under the Ashburton Collective Investment Scheme will be known as the FNB Multi Manager Funds managed under the FNB Funds Collective Investment Scheme.

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ISIN ZAE000105896 Sedol Bloomberg
Currency South African rand Risk rating Moderate to high Domicile South Africa
Launch date 01/11/2007 Fund size 181.5600 m Dealing Daily
NAV 1996.6000 cents Daily change -0.59% Price date 30/04/2021
Annualised performance since 2007: 3.1%

*Hover on chart to see values