ABSA Balanced C1

This prudential compliant fund has a diversified investment portfolio to ensure an optimum mix of security, return and growth. Funds are invested in top quality JSE-listed shares in all sectors of the exchange, quoted property trusts, gilts and interest-bearing investments. The Fund complies with the prudential investment guidelines as set out in regulation 28 of the Pension Fund Act at all times, and is suitable for pension fund investments.

Key stats

Management firm  ABSA Fund Managers
Domicile  South Africa
Global Branding Name  ABSA Fund Managers
12 month yield  3.83%
Fund currency  ZAR
Net Assets Date  2014-10-31
Net Assets  R2,798,942,878
Launch Date  2013-03-26
ISIN  ZAE000173589
Manager 1 Name  Errol Shear
Fund Strategy  ZAR/NAD Moderate Allocation
Benchmark  SA CPI (Headline)
Fund Structure  Unit Trust
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-10-31
Return - 1 Month  0.48%
Return - 2 Months  0.04 %
Return - 3 Months  -0.11%
Return - 6 Months  3.57 %
Return - 9 months  8.69 %
Return - 12 Months  9.33%
Annualized return since Inception  12.32%
Return YTD  7.41%

Charges

Initial  0.00 %
Minimum Investment  R10,000
Maximum Managment Charge  0.97 %

Contact

Contact Address  Block C, Ground Floor, 65 Empire Road
Contact Address 2  Parktown, 2193
Contact Address 3  PO Box 6115
Contact city  Johannesburg
Contact country  South Africa
Fund Admin Group  ABSA Fund Managers
Web Address  www.absa.co.za
Email contact  unittrust@absa.co.za
Phone  +27 11 4805000

Price

Last Price Date  2014-11-27
Pre-tax nav  4.34
Price change  R0.01
Price change (percentage)  0.25 %

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