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Absa Absolute Fund Fact Sheet

FUND OBJECTIVES
The fund objective is to provide a consistent positive return above inflation over the medium term, whilst aiming to protect capital over the longer term, with moderate risk to investors.The fund aims to minimise the risk of capital loss over any 12 month period.

The Fund will use a diversified allocation of its investments across all classes of assets, as well as choose lower risk individual assets to lower the risk profile of the fund while targeting low risk returns.The Fund will invest in South African investments and financial markets at all times.Securities to be included in the fund will be non-equity securities, assets in form, equity securities acquired on exchanges and financial Instruments as well as any other securities that the Act may from time to time allow.The fund is managed according to the guidelines as set out in regulation28 of the pension funds act and is suitable for retirement funds Investments.
FUND TECHNICALS
Fund Sector
SA – Multi Asset – Low Equity
Fund Size (ZAR Mil)
R4 444 R454 11.378%
No. Of Accounts
5 094 - 198 -3.741%
FUND NAV PRICES
04-AUG 2022

R1.71

0.28%
R0.0049
Plot Image
Asset Allocation as of Dec 2021 (ZAR Mil)
Sector Dec 2021 Move %Move
EQUITIES R 1 383 R 8 0.5818%
    Domestic    R 1 255    R -88    -6.552%
    Foreign    R 128    R 96    300%
Income Instr. R 2 086 R 570 37.598%
    Domestic    R 1 540    R 368    31.399%
    Foreign    R 545    R 202    58.892%
REAL ESTATE R 114 R 19 20%
FUND OF FUNDS R 862 R - 176 -16.95%
04-AUG 2022
R1.71

14-JUL 2022
R1.67

24-JUN 2022
R1.73

02-JUN 2022
R1.74

12-MAY 2022
R1.74

21-APR 2022
R1.75

31-MAR 2022
R1.75

11-MAR 2022
R1.74

27-JAN 2022
R1.74

30-DEC 2021
R1.78