Ashburton Targeted Return Fund

Suited to investors seeking a conservatively managed balanced fund with stable inflation beating returns

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 N/A Bloomberg ASHTARG SJ
Currency South African rand Risk rating Low to moderate Domicile South Africa
Launch date 01/05/2012 Fund size 281.2400 m Dealing Daily
NAV 143.7998 cents Daily change 0.14% Price date 06/09/2024
Annualised performance since 2012: 3.1%

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