The fund aims to provide investors with exposure to a diversified mix of global equities at lowest possible cost, with the objective of providing a return close to that of the MSCI World Index translated into South African currency. Offshore exposure is prescribed by prevailing legislation and industry guidelines - the fund must maintain a minimum equity exposure of 80%. As this is a pure equity fund;, investors should be willing to tolerate potential volatility in the short-term. Global currency movements may intensify investment gains or declines. The recommended investment term is three years and longer.
Fund Objective
Fund Objective
The fund aims to provide investors with exposure to a diversified mix of global equities at lowest possible cost, with the objective of providing a return close to that of the MSCI World Index translated into South African currency. Offshore exposure is prescribed by prevailing legislation and industry guidelines - the fund must maintain a minimum equity exposure of 80%. As this is a pure equity fund;, investors should be willing to tolerate potential volatility in the short-term. Global currency movements may intensify investment gains or declines. The recommended investment term is three years and longer.