| NGCSOFT Funds |
|
| The Home of SA's Allan Gray , Oasis , FNB and many more Unit Trusts |
|---|
|
|
|
|
Page Logo Here
|
Absa Absolute Fund Fact Sheet
|
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 Size (ZAR Mil) |
| R4 444 |
R454 |
11.378% |
| No. Of Accounts |
| 5 094 |
- 198 |
-3.741% |
|
| 04-AUG 2022 |
↑
↑ |
R1.71 |
0.28% |
| R0.0049 |
|
|
| 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% |
|
|
|
|
|
|
