This fund is suited to investors seeking long-term above inflation capital appreciation with no significant income stream with an investment horizon of five years or longer; who can withstand capital volatility, 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 invests in assets in liquid form and in shares across all sectors of the JSE Securities Exchange of South Africa and other permissible assets allowed by the Act. The portfolio will invest a minimum of 75% of the market value of the portfolio in equities at all times, with offshore asset exposure being limited to 25%. Equity 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.
Changes to the fund
Proposed amalgamation of the Ashburton Multi Manager Funds with the FNB Multi Manager Funds
Our business has taken a decision to merge funds in the Ashburton Multi Manager Fund range with the FNB Multi Manager Funds. There is a ballot process currently underway and we would like to encourage all investors in these funds to participate.
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Annualised performance since 2007:
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