This fund is ideal for investors seeking long-term capital growth from a diversified portfolio of global assets. The recommended investment horizon is 5 years or longer. Although the fund’s investment universe is global, units in the fund are priced in rands. Investors can therefore invest without having to personally expatriate rands.
Global - Multi Asset - High Equity
South African Rand
65% MSCI All Country World Index TR (Net)
5% FTSE EPRA/NAREIT Global REIT Index
25% Bloomberg Barclays Global Aggregate Bond Index
5% US Dollar 1m Libor
M&G Investment Management Ltd (UK)
28 June 2018
Investor Class (A): R20 000
Investor Class (A): R1000 pm
Distributed bi-annually
| DATE | UNIT | PRICE |
No initial fees charged
Investor Class (A): 0.50%
Additional underlying foreign fund fees are dependent on the fund and are included in the TER
The fund’s objective is to provide investors with capital growth over the long-term by investing in a diversified portfolio of global assets.
This fund is a feeder fund and, other than assets in liquid form and currency contracts, invests only in one underlying fund - the Prudential Global Balanced Fund, a US dollar denominated fund domiciled in Ireland. Through this underlying fund, the fund has exposure to a diversified portfolio of global assets, which includes equity securities (including property), cash, bonds, currencies and commodities. The fund may have exposure to equity securities (excluding property) up to 75% and to property securities up to 25%.
