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.
2016 - Morningstar - Best Moderate Allocation Fund
2016 - Raging Bull - Best SA Multi-Asset Medium-Equity Fund
2016 - Raging Bull - Best SA Multi-Asset Medium-Equity Fund on a risk adjusted basis
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.
11 August 1999
(ASISA) South African MA Medium Equity
SA Inflation + 5% Geometric
|excl VAT||incl VAT|
|Fund management fee||1.35%||1.55%|
|Total expense ratio||1.63%|
|Fund transacting costs||0.22%|
|Total investment charges||1.85%|
|Fund price||Market change||Unit count|
|Cents per unit||Latest date||Frequency|
|50.93||31 December 2020||Semi-annually|
Our responsibility towards our clients’ assets forms the foundation of our investment philosophy and approach.