The Nedgroup Investments local Best of Breed™ multi-asset range offers investors simple, effective solutions across the full risk spectrum. These funds are all managed according to the investment limits prescribed by Regulation 28 of the Pension Funds Act, 1956.
Managed by Abax Investments, the fund is diversified across cash, bonds, property and other fixed interest asset classes, both domestic and international. It is suitable for investors seeking enhanced money market returns with a low tolerance for capital loss. The benchmark is 110% STeFI Call Deposit over rolling 1 year, and the fund typically displays higher volatility than a money market fund
Managed by Foord Asset Management, the fund is suitable for conservative investors who want potential for capital growth, while maintaining a high level of capital protection.
Diversification across various asset classes, including international, and a maximum equity exposure of 40% helps to reduce volatility and drawdown risk relative to an average prudential portfolio. The benchmark is Inflation + 4% over rolling 3-year periods. This fund is compliant with Regulation 28 of the Pension Funds Act.
Managed by Abax Investments, the fund is suitable for investors with a moderate risk tolerance and capital growth requirement. This objective is achieved by diversifying across various asset classes, including international, subject to a maximum equity exposure of 60%. The benchmark is Inflation + 5% per annum over rolling 3-year periods, with a risk target of no negative performance periods over any rolling 2-year periods. This fund is compliant with Regulation 28 of the Pension Funds Act./p>
Managed by Truffle Asset Management, the fund is suitable for investors requiring moderate levels of capital growth who do not wish to make complex asset allocation decisions between equities, cash and bonds, both locally and offshore. Diversification across asset classes and a maximum equity exposure of 75% helps to reduce risk and volatility relative to a general equity portfolio. The benchmark is South African Multi Asset High Equity category average. This fund is compliant with Regulation 28 of the Pension Funds Act.