The investment objective of the XS Select Guarded Fund of Funds is to seek to secure, in real terms, the steady growth of income as well as the preservation of capital. The solution aims to achieve its objective through investment in a combination of four South African multi-asset low equity funds in equal weights. Diversification across asset classes, fund managers and investment strategies, as well as a maximum equity exposure of 40% helps to reduce risk and volatility relative to an average prudential portfolio. Both the underlying funds and the overall portfolio are compliant with Regulation 28 of the South African Pension Funds Act.
Nedgroup Investments Multi-Manager is a dedicated asset management division within Nedgroup Investments that consists of a diverse team of investment professionals based in Cape Town and London. We specialise in asset allocation and fund manager research and base our investment decisions on fundamentally-driven research.
01 September 2004
(ASISA) South African MA Flexible
SA Inflation + 6.5%
Past performance is not indicative of future performance and does not predict future returns.
excl VAT | incl VAT | |
---|---|---|
Fund management fee | 1.00% | 1.15% |
+ | ||
Fund expenses | 0.03% | |
Total expense ratio | 1.18% | |
+ | ||
Fund transacting costs | 0.14% | |
Total investment charges | 1.32% |
Fund price | Market change | Unit count |
---|---|---|
7 034.27 | 1 042 477.3855 |
Cents per unit | Latest date | Frequency |
---|---|---|
127.13 | 31 December 2024 | Annually |
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