|
|
Fund Asset Allocations (R m)
|
|---|
| Equities | R 8 | R 8 |
| Local | R 8 | R 8 |
| Foreign | R 0 | R 0 |
| Cash Instr. | R 1 | R 1 |
| Local | R 1 | R 1 |
| Foreign | R 0 | R 0 |
| Property | R 0 | R 0 |
| On FoF | R 0 | R 0 |
|
|
|
Fund Investment Aims, Objective and/or Universe
|
Equity markets have shown that they are the only asset class to consistently outperform inflation over the long term.
Short term volatility is used to purchase good companies at reasonable prices.The primary objective of the fund is to seek capital growth in excess of inflation over the long term.The target of the fund is to consistently add value by outperforming the benchmark over the long term, even though the fund will be managed with a relative low tracking error to the benchmark.The fund equity exposure will always exceed 75%. |
|