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Fund Asset Allocations (R m)
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| Equities | R | R |
| Local | R | R |
| Foreign | R | R |
| Cash Instr. | R 1 | R 2 |
| Local | R 0 | R 1 |
| Foreign | R 1 | R 1 |
| Property | R 3 | R 5 |
| On FoF | R | R |
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Fund Investment Aims, Objective and/or Universe
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To provide broad-based exposure to shares that offer value and medium- to long-term growth.
The fund managers seek to invest in those companies where returns can be achieved from any or all of (a) growth in earnings, (b) growth in dividends and (c) a re-rating by the market of the company’s share price.The Fund invests in companies that meet the fund managers’ value criteria.The Fund seeks out value by attempting to capture all components of return over time, including high dividend yield, earnings growth and possible market re-rating.The intended maximum limits are Equity 100%, Listed Property 10%, Foreign 30% and Africa (excl.SA) 5%. |
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