Investment and Return Objective
The Fund is priced in rand and aims to outperform G7 inflation in euro terms over time while aiming to limit capital losses.
The Fund invests in money market instruments, capital market instruments and equities with an active asset allocation overlay. The equity component of the Fund is always protected. As the underlying Fund is priced in euro, the exchange rate volatility between the euro and rand is reflected in the price. The Fund is invested wholly in the Prescient Global Positive Return Fund.
Who Should Invest
Investors seeking a hedge against any rand depreciation while gaining exposure to a risk aware asset allocation offshore fund. This Fund is suitable for investors with a medium to long-term investment horizon.
Risk Indicator = Moderately Aggressive
Risk Indicator Definition
These portfolios typically exhibit more volatility and potential for capital losses than an average balanced fund due to higher exposure to equities and/or exposure to offshore markets where currency fluctuations may result in capital losses. These portfolios typically target returns in the region of 3% - 6% above inflation over the long term.