- Funds
- SA Multi-Manager
- Global Best of Breed - ZAR
- SA Best of Breed
- SA Best of Breed - Cash
- SA Core Range
- Best of Breed
- Multi-manager
- View all funds
- Fact sheets
- Core Guarded Fund
- Stable Fund
- Balanced Fund
- Core Diversified Fund
- Core Global Feeder Fund
- Opportunity Fund
- Core Accelerated Fund
- Core Bond Fund
- View all fact sheets
- Products
- Unit Trusts
- Tax-free investment
- Living Annuity Plus
- Living Annuity
- Endowment
- Provident Preservation Fund
- Pension Preservation Fund
- Retirement Annuity Fund
- News and Insights
- Best of Breed
- Multi Manager
- Core Range
- Cash - Matters of interest
- Podcasts and Videos
- Best of Breed
- Multi manager
- Cash
Back
Opportunity Fund
Opportunity Fund
The unit trust portfolio is suitable for investors requiring moderate capital growth and who do not wish to make complex asset allocation decisions between equities, cash and bonds, both locally and offshore. Diversification across all asset classes, and a maximum equity exposure of 60%, helps to reduce risk and volatility relative to an average prudential portfolio.
Risk Profile
Medium
Minimum Investment
Lump Sum
R10 000
Debit Order
R250
Recommended minimum period
5 years
ASISA Sector
(ASISA) South African MA Medium Equity
Inception date
30 December 2011
Benchmark
SA Inflation + 5%
Fund managers
Abax Investments
Abax Investments is an owner-managed company that focuses exclusively on investment management. Abax aims to construct diversified portfolios which have the ability to generate performance in a range of market conditions. They are characterised by a small and focused team of experienced investment professionals, with varied expertise in stock selection, fixed interest and asset allocation. Abax Investments was established in 2003 and manages the Nedgroup Investments Rainmaker, Entrepreneur, Opportunity and Flexible Income Funds.
Abax incorporates ESG factors into their investment process, enabling them to evaluate companies through a sustainability lens. Behind this process is a team committed to the advancement of responsible investment in South Africa, as evidenced by their 100% voting participation at company AGMs and championing of shareholder rights. Most noteworthy is the degree and depth at which Abax engages with investee companies.
Performance
Past performance is not indicative of future performance and does not predict future returns.
- Return
- SA Inflation + 5%
- Cash
- Inflation
Annual fees and charges
Investment charges
| Excluding VAT | Including VAT | ||
|---|---|---|---|
| Fund management fee | 1.10% | 1.27% | + |
| Fund Expenses | 0.04% | ||
| Total Expense Ratio | 1.31% | + | |
| Fund Transacting Costs | 0.21% | ||
| Total investment charges | 1.52% | ||
Price
Market change
Fund price
| Date | Fund price | Market change | Unit count |
|---|
Income Distribution
Cents per unit
Latest date
Frequency
Responsible Investing
Our responsibility towards our clients’ assets forms the foundation of our investment philosophy and approach.
Learn more about our investment strategy
For a better experience of the Nedgroup Investments website, please try the latest version of these browsers
