What is the fund objective?
The primary objective of the Ashburton Targeted Return Fund is to outperform CPI + 3.5% over a rolling 3 year period. The secondary objective is to offer stable positive returns over a 12 month rolling period.
The fund may comprise a combination of assets in liquid form, money market instruments, corporate debt, equities, property shares, convertible equities, preference shares, bonds, non-equity securities, offshore assets and any other securities. The fund can have a maximum equity exposure (including global equities) of 40% and is limited to a maximum offshore exposure of 25%.
The fund aims to meet its objectives through a conservatively managed diversified portfolio, generating capital and income growth by focusing on active risk management and asset allocation. The fund complies with Regulation 28 of the Pension Funds Act, 1956.
What is the investment process?
We believe our overall investment philosophy and governance processes are among our key strengths. Our investment process is the means by which we map our philosophy about markets to a portfolio. We believe our process is well designed to exploit opportunities as they arise. We integrate risk management into the fabric of our investment process with the aim of protecting the assets that we manage for our clients. Our portfolios follow a disciplined methodology in the selection of equities, fixed income, cash, offshore and other instruments as is applicable to the fund’s investment mandate.
Why invest in in this fund?
This fund is suited to investors seeking a conservatively managed balanced fund with stable inflation beating returns.
How do I invest?
You will also need to review the relevant fund literature which can be found here.
If you are unsure if this fund is appropriate for you needs, speak to your financial advisor. Alternatively, if you do not require advice you can invest now.
||South African rand
||Low to moderate
Annualised performance since 2012:
*Hover on chart to see values