The FUND OF FUNDS is an asset allocation prudential medium equity portfolio. The objective of the Fund is to diversify across asset classes for long term capital growth through a balanced approach. The manager in selecting collective investment schemes for the portfolio will seek to follow an investment policy which will secure for investors a combination of investments in equity, bond (sukuks), money and property markets. All collective investment schemes and assets will have been approved by the Shari’ah Supervisory Board for time to time. The portfolio will predominately invest in South African markets, but is however permitted to include investments in offshore jurisdictions subject to the investment conditions determined by the Registrar from time to time. The portfolio will be subject to the Prudential Investment Guidelines for South African Retirement Funds, being Regulation 28 of the Pension Funds Act, or such other Legislation published from time to time.
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=Prescient Management Co
 http://www.globalfunddata.com/funds/new/performance/domicile?variant=South Africa
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=Islamic Allocation - Other
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Unit Trust
 http://www.globalfunddata.com/funds/new/performance/city?variant=Cape Town___South Africa
 http://www.globalfunddata.com/funds/new/performance/country?variant=South Africa
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