Our unit trust funds

The Equity Fund’s goal is to create long-term wealth for investors by investing in shares that offer the potential for higher returns over time. We aim to beat the average performance of similar unit trusts without taking any more risk. However, the unit trust’s returns are likely to fluctuate significantly over the short to medium term, making it suitable for investors with a very long time to invest.

The goal of the Balanced Fund is to create steady, long-term wealth for investors by balancing income generation, capital growth and risk of loss using a mixed selection of assets. We aim to beat the average performance of similar unit trusts without taking any more risk.

The Stable Fund’s goal is to offer investment stability and preserve investor’s capital over any two-year period. The unit trust aims to deliver return above inflation over the long term and is measured against the daily interest rate supplied by FirstRand Bank Limited plus 2%.

The Optimal Fund’s goal is to deliver long-term positive returns, better than the money market, regardless of stock market conditions. The unit trust’s performance is measured against the daily interest rate supplied by FirstRand Bank Limited.

The Bond Fund’s goal is to deliver above-inflation returns that beat the JSE All Bond Index, without taking on more risk.

The Money Market Fund’s goal is to maintain the value of your investment, allowing you to access your money whenever you need it, while generating a sound level of income. We target returns higher than a bank deposit, and performance is measured against the Alexander Forbes Short-Term Fixed Interest (STeFI) Composite Index.

The Allan Gray-Orbis Global Equity Feeder Fund’s goal is to create long-term wealth for investors by investing in shares outside of South Africa. It aims to perform better than global stock markets (the FTSE World Index, including income), without taking on greater risk.

The Allan Gray-Orbis Global Balanced Feeder Fund’s goal is to create long-term wealth for investors by investing in a mix of global asset classes. It aims to perform better than a portfolio which comprises 60% the MSCI World Index with net dividends reinvested and 40% the J.P. Morgan GBI Global Index.

The Allan Gray-Orbis Global Optimal Fund of Funds’ goal is to deliver long-term positive returns higher than foreign currency bank deposits, regardless of stock market conditions. We aim to beat the average of the benchmarks of the underlying unit trusts.

The Fund invests in a focused portfolio of companies with significant business interests in Africa, regardless of the location of the stock exchange listing. The Fund price is reported in US dollars but the underlying holdings are denominated in various currencies. Returns are likely to be volatile.

The Fund invests in a focused portfolio of companies with significant business interests in Africa regardless of the location of the stock exchange listing (excluding South Africa). The Fund price is reported in US dollars, but the underlying holdings are denominated in various currencies. Returns are likely to be volatile.

The Fund invests in a focused portfolio of African securities that are selected for their expected risk and return profile. The Fund may invest a substantial portion of the assets in a single country or region rather than a diversified portfolio of assets.

The Fund invests in a focused portfolio of frontier market equities. The Fund price is reported in US dollars, but the underlying holdings are denominated in various currencies. Returns are likely to be volatile.

The Fund is designed to be exposed to all of the risks and rewards of selected global equities. It aims to earn higher returns than world stock markets, without greater risk of loss. The performance fee benchmark is the MSCI World Index, including income, after withholding taxes. Currency exposure is managed separately to equity exposure.

The Fund is actively managed and designed to be exposed to all of the risks and rewards of selected Japanese equities and seeks higher returns than the Japanese stock market, without greater risk of loss. The Fund is predominantly exposed to the Japanese yen. The performance fee benchmark is the Tokyo Stock Price Index, including income, net of withholding taxes.

The Fund seeks higher returns than the average of the equity markets of the world’s emerging market countries, without greater risk of loss. The performance fee benchmark is the MSCI Emerging Markets Index, including income, net of withholding taxes. Currency exposure is managed relative to that of the MSCI Emerging Markets Index.

The Fund is actively managed and seeks to balance investment returns and risk of loss with a diversified global portfolio of equity, fixed income and commodity-linked instruments. The Fund aims to earn higher long-term returns than its benchmark, which is comprised of 60% MSCI World Index with net dividends reinvested and 40% JP Morgan Global Government Bond Index, each expressed in US dollars.