Rand-denominated offshore unit trusts

If you want to diversify your portfolio by investing offshore, a simple way to achieve this is to use rands to invest via rand-denominated offshore unit trusts.

Although your investment is priced in rand, your investment performance will be determined by the performance of the underlying offshore assets and the daily currency movements.

Diversification
You get diversification

Investing offshore allows you to spread your investment risk across different economies and regions. It also gives you access to industries and companies that may not be available locally.

Simplified administration
You get simplified administration

You do not need to buy foreign currency or get tax clearance from the South African Revenue Service, since you do not use your own offshore allowance.

 

Choose an investment strategy that suits your needs

We offer three rand-denominated offshore investment strategies. More detail on each strategy, and how it can be accessed, is provided below.

Allan Gray - Orbis Global Equity Feeder strategy

Invests only in the Orbis Global Equity Fund and offers the potential for high long-term returns from global markets, with significant fluctuation that could last for many years.

Allan Gray - Orbis Global Balanced Feeder strategy

Invests only in the Orbis SICAV Global Balanced Fund and offers long-term investment returns by balancing capital growth, income generation and the risk of loss in global markets.

Allan Gray - Orbis Global Optimal Fund of Funds strategy

Invests in a mix of Orbis absolute return funds and offers long-term capital growth with better returns than those from foreign cash.

Allan Gray-Orbis Global Equity Feeder strategy

Suitable for you if:
  • You want to invest offshore in rands
  • You want to invest in global shares to grow your capital over the long term
  • You are comfortable with global stock market and currency movements, as well as the possibility of losing your capital
  • You have at least five years to invest

There are two different routes to access this strategy

The Allan Gray-Orbis Global Equity Feeder strategy is offered in two ways (see below). You do not need to choose between them, as your choice of investment product will determine how you invest.

  • The Allan Gray-Orbis Global Equity Feeder Fund is our original unit trust offering under this strategy. It is available for investment via the Allan Gray Endowment, Living Annuity, Retirement Annuity Fund and Preservation funds.
  • The Allan Gray-Orbis Global Equity Prescient Feeder Fund is our co-named unit trust offering under this strategy. It is available for investment via the Allan Gray Local Investment Platform. View this fund’s latest factsheet here.

The Allan Gray-Orbis Global Balanced Feeder strategy

Suitable for you if:
  • You want to invest offshore in rands
  • You want to invest in a range of global assets to grow your capital over the long term, without investing fully in global shares
  • You are comfortable with global market and currency movements
  • You accept the potential for capital loss, but less than in a global equity unit trust
  • You are ideally investing for at least three to five years

There are two different routes to access this strategy

The Allan Gray-Orbis Global Balanced Feeder strategy is offered in two ways (see below). You do not need to choose between them, as your choice of investment product will determine how you invest.

  • The Allan Gray-Orbis Global Balanced Feeder Fund is our original unit trust offering under this strategy. It is available for investment via the Allan Gray Endowment, Living Annuity, Retirement Annuity Fund and Preservation funds.
  • The Allan Gray-Orbis Global Balanced Prescient Feeder Fund is our co-named unit trust offering under this strategy. It is available for investment via the Allan Gray Local Investment Platform. View this fund’s latest factsheet here.

Allan Gray - Orbis Global Optimal Fund of Funds strategy

Suitable for you if:
  • You want to invest offshore in rands
  • You wish to invest in a global portfolio that aims to deliver better returns than foreign cash over the long term
  • You understand that returns are largely independent of the major asset classes (cash, bonds and equities)
  • You accept the potential for capital loss, but less so than in a global equity or global balanced unit trust
  • You are ideally investing for at least three to five years

Access to this strategy is currently limited 

This strategy is offered in the Allan Gray-Orbis Global Optimal Fund of Funds. It is currently only available for investment via the Allan Gray Endowment, Living Annuity, Retirement Annuity Fund and Preservation funds.

Other unit trust options

If you want to include manager diversification as part of your investment strategy, you may also want to invest via rand-denominated offshore unit trusts offered by other investment managers.

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The financial services, products or investments referred to on this website are not available to persons resident in jurisdictions where their availability or distribution would contravene local laws or regulations and the information on this website is not intended for use by these persons. This website is for information only and does not in any way constitute a solicitation or offer by Allan Gray Proprietary Limited or any of its associates or subsidiaries (collectively “Allan Gray”) to buy or sell any financial instruments or to provide any investment advice or service.

By selecting one of the countries below I confirm that I have read and understood the above and that:

(a) I am not a South African citizen; or 
(b) I do not reside in the Republic of South Africa; or 
(c) I am not otherwise a person to whom the communication of the information contained in this website is prohibited by the laws of my home jurisdiction; and 
(d) I am not acting for the benefit of any such persons mentioned in (a),(b) and (c) and 
(e) I confirm that any investment with Allan Gray is based on my own initiative and not due to any offer or solicitation by Allan Gray.

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