Institutional mandates
Allan Gray Botswana currently offers its clients four different mandates, all on a segregated basis:
- Global balanced, incorporating equities and fixed interest and investing in Botswana and offshore
- Global stable (low equity balanced mandate)
- Botswana only
- Foreign only (via the Allan Gray and Orbis funds)
Composite and benchmark performance (BWP) at 31 December 2025
| Fund | Since Inception (%) |
10 Years (%) |
5 Years (%) |
3 Years (%) |
2 Years (%) |
1 Year (%) |
|---|---|---|---|---|---|---|
| Global Balanced | 12.5 | 9.7 | 15.4 | 19.7 | 20.2 | 26.4 |
| Benchmark | 10.3 | 7.1 | 9.8 | 13.7 | 11.4 | 9.0 |
| Domestic Equity | 12.5 | - | 19.0 | 22.9 | 26.7 | 33.2 |
| Benchmark | 10.3 | - | 18.6 | 21.3 | 19.3 | 16.1 |
| Domestic Balanced * | 12.1 | 7.8 | 13.0 | 16.6 | 18.1 | 22.4 |
| Benchmark | 8.8 | 5.1 | 11.0 | 12.5 | 10.6 | 7.4 |
| Domestic Fixed Interest ** | 6.1 | 3.9 | 3.8 | 3.8 | 1.4 | -1.7 |
| Benchmark | - | - | - | - | - | - |
*The Domestic Balanced Composite terminated in July 2017 and the Global Balanced Composite returns were used as estimates from 1 July 2017. The Domestic Balanced Composite was reinstated in April 2022 and the Domestic Balanced Composite returns have been used since reinstatement.
**The Domestic Fixed Interest carve out returns of the Domestic Balanced Composite.