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, with all growth in the underlying investment fully exempt from any tax on interest, rental income, dividends or capital gains. The fund is Regulation 28 compliant, making it suitable for building up long-term retirement capital.  

  • TAX FREE
  • MEDIUM RISK
  • 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

Tax-Free Class (T): R10 000

Min Debit Order

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):

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*

Tax-Free Class (T): 2.25% maximum initial fee

*Included in Prudential’s annual management fee above