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Fund Asset Allocations (R m)
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| Equities | R 24 | R 23 |
| Local | R 24 | R 23 |
| Foreign | R 0 | R 0 |
| Cash Instr. | R 0 | R 0 |
| Local | R 0 | R 0 |
| Foreign | R 0 | R 0 |
| Property | R 0 | R 0 |
| On FoF | R 404 | R 378 |
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Fund Investment Aims, Objective and/or Universe
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The Southern Charter BCI Balanced Fund of Funds is a moderate managed fund of funds.The primary investment objective of the fund is to provide the investor with a moderate total return.The Fund aims to provide investors with capital growth above inflation over the longer term by investing in a combination of asset classes including local and international equities, fixed interest, property and cash.As the Fund has a medium allocation growth assets, it is ideal for investors with a medium investment horizon, who seek capital growth and who are at least 5 - 10 years from retirement.
The fund is Regulation 28 compliant.The Fund is actively managed with a value bias.By focusing on macro themes, the Fund looks to exploit valuation discrepancies in asset classes when they occur.The allocation to equities will range from 40% to 65%, depending on economic conditions with neutral weighting of 50 %.The balance is allocated to the other asset classes.The allocation to assets other than equities, aims to reduce the risk of capital loss in the fund. |
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