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Fund Asset Allocations (R m)
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| Equities | R 317 | R 295 |
| Local | R 317 | R 295 |
| Foreign | R 0 | R 0 |
| Cash Instr. | R 111 | R 107 |
| Local | R 111 | R 107 |
| Foreign | R 0 | R 0 |
| Property | R 0 | R 0 |
| On FoF | R 314 | R 281 |
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Fund Investment Aims, Objective and/or Universe
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The Discovery Target Retirement 2040 Fund is a uniquely structured fund specifically for retirement savings.The objective of the Fund will be to maximise the total real returns, comprising both capital and income, over the anticipated life span of the Fun
The Fund aims to provide long-term real returns with appropriate levels of risk for investors, given the Fund's target date and investors' retirement date.The risk profile of the Fund will vary over the investment term following the cohort of investors who have a retirement date close to 2040.The Fund will also be managed 20 years into retirement taking into account the phase that the cohort of investors are in.The Fund may invest in JSE listed companies, listed gilts and interest bearing securities, money market instruments, listed property companies or securities, listed derivative instruments, participatory units in collective investment schemes and foreign investments. |
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