Objective and strategy

The Ashburton Targeted Return Fund is a cautious, low equity fund. Its primary objective is to beat South African Consumer Price Inflation (CPI) + 3.5% over a rolling three-year period. The fund utilises asset allocation, currency diversification, credit inclusion, duration variation and derivative strategies in order source additional returns for the fund. The goal is to provide a single solution for the low risk component of a portfolio or the destination for the conservative investor looking for the higher returns that can be obtained when a wide array of asset classes are available.

Investor profile

This fund is suited to investors seeking a conservatively managed balanced fund with stable inflation beating returns.

Why the Ashburton Targeted Return Fund?

  • It is a conservatively managed diversified fund
  • Performance returns in excess of its benchmark
  • Complies with regulations governing retirement funds

Fund data

 

ISIN ZAE000167235 Sedol Bloomberg
Currency South African rand Risk rating Low to moderate Domicile South Africa
Launch date 01/05/2012 Fund size 485.9800 m Dealing Daily
NAV 126.5900 cents Daily change 0.38% Price date 03/12/2021
Annualised performance since 2012: 3.1%

*Hover on chart to see values