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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)


 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 194 Rand-denominated South African--Multi Asset--High Equity funds over the last three years (needle right indicates above average performance)
Performance
<i><b>  Size</b></i><hr/>This gauge shows the size of the fund against all Rand-denominated retail funds (needle right indicates a large fund, needle left a small fund)
Size
<i><b>  Diversification</b></i><hr/>This gauge shows the level of diversification relative to other funds in the same second-tier (multi asset) category (needle right indicates a well-diversified fund)
Diversification
<i><b>  Risk</b></i><hr/>This gauge shows the fund's level of historical risk relative to other funds in the South African--Multi Asset--High Equity sector based on 3-year volatility (needle right indicates lower risk within the sector)
Risk

Fund Performance
Period    Return %Growth of R1 000
chart
* Not annualised
Key Facts and Fund Objective
Key Facts
Formation Date 30 Dec 2011
Fund Size (ZAR) 6 363 871 059
Latest Price 281.52
PlexCrowns
Total Expense Ratio (30/09) 0.90%
Minimum Investment-
TTM Distribution Yield 3.35%
Fund Objective
The Abax Absolute Balanced Fund, will have the primary objective of long term growth of capital and an appropriate level of income for investors through investing in a broad range of asset classes in a balanced manner.
Asset Classes and Holdings
chart
 RSA Equity31.60%  
Int Equity40.30%  
 RSA Bonds7.60%  
 Int Bonds3.80%  
 RSA Real Estate2.40%  
 Int Real Estate1.60%  
 RSA Cash11.40%  
 Int Cash1.30%  
Top Holdings as at 30 Sep 2024
SecurityUnitsValue (Rm)% of Fund
TOTALFOREIGEQ 0 2 381.8438.67%
CONSUMERSRVS 0 481.487.82%
DOMESTICFUNDE 0 471.457.65%
FINANCIALS 0 435.397.07%
GOVTISSUPAPER 0 268.454.36%
BASICMATERIAL 0 258.064.19%
OTHEREQUITIES 0 250.744.07%
CASH 0 247.664.02%
TECHNOLOGY 0 234.433.81%
FOREIGNDIRFCE 0 205.273.33%
Totals  5 234.7684.99%