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Abax Balanced Prescient Fund  |  South African-Multi Asset-High Equity
Reg Compliant
2.8152    +0.0061    (+0.217%)
NAV price (ZAR) Tue 19 Nov 2024 (change prev day)


Mandate Overview10 Mar 2021
    Abax Balanced is a domestic fund with a mandate to invest across a wide range of local and foreign asset classes. The Fund has a maximum net equity exposure of 75% and a maximum net foreign exposure of 30% and 10% Africa (excl. South Africa). The Fund is suitable for re..rement savings.

    The Fund's primary objec..ve is to outperform the peergroup (as measured by the ASISA MA High Equity Category Average) on net of fee basis over the medium term
  • .

    The Fund has a moderate to high risk profile, and is suitable for investors seeking high levels of capital growth and moderate levels of income, who can tolerate the associated high levels of capital vola..lity.
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