Prudential Balanced Fund - Funds - Prudential
 

Prudential Balanced Fund

Who Should Invest

This medium-risk fund is ideal for investors who want steady long-term growth of their capital and income from a diverse portfolio of actively managed South African and global assets. The fund is Regulation 28 compliant, making it suitable for building up long-term retirement capital.  The recommended investment horizon is five years or longer.

  • TAX FREE
  • LONG TERM
  • LONG-TERM GROWTH

RISK PROFILE

Medium Risk

LATEST PRICE

-

  • FUND RETURN

  • BENCHMARK RETURN

  • OUTPERFORMANCE

Details

ASISA Category

South African - Multi Asset - High Equity

Benchmark

ASISA South African – Multi-Asset – High Equity Category Average

Regulation 28 Compliant

Yes

Fund Managers

David Knee, Michael Moyle, Duncan Schwulst and Johny Lambridis

Inception Date

02 August 1999

Min Lump Sum

Investor Class (A): R10 000
Tax-Free Class (T): R10 000

Min Debit Order

Investor Class (A): R500 pm
Tax-Free Class (T): R1000 pm

Income Distributions

Distributed bi-annually

Prices

DATE UNIT PRICE

Fees

Initial Fees (excl. VAT):

No initial fees charged

Annual Management Fees (excl.VAT): 

Investor Class (A): 1.25%
Tax-Free Class (T): 0.80%

Additional underlying foreign fund fees are dependent on the fund and are included in the TER

Financial Adviser Service Fee*

Investor Class (A): 0.50%
Tax-Free Class (T): 0.00%

* Included in Prudential's annual management fee above