Nedgroup Investments Opportunity Fund

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Investor profile

The unit trust portfolio is suitable for investors requiring moderate capital growth and who do not wish to make complex asset allocation decisions between equities, cash and bonds, both locally and offshore. Diversification across all asset classes, and a maximum equity exposure of 60%, helps to reduce risk and volatility relative to an average prudential portfolio.

Risk profile

Medium

 medium risk

The greater the amount of risk an investor is willing to take on the greater the potential return.

Minimum investment

Investment sum

Lump sum R10,000
Debit order R500

ASISA category

South African Multi Asset Medium Equity

Benchmark

Inflation + 5% per annum over rolling 3-year periods

Investment manager

Abax Investments is an owner-managed company that focuses exclusively on investment management. Abax aims to construct diversified portfolios which have the ability to generate performance in a range of market conditions. They are characterised by a small and focused team of experienced investment professionals, with varied expertise in stock selection, fixed interest and asset allocation.

Abax Investments was established in 2003 and manages the Nedgroup Investments Rainmaker, Entrepreneur, Opportunity and Flexible Income Funds.

22 Jun 2017, Currency: ZAR

Price (cents per unit)
4661.54
Total investment charges
2.05%
View all fund prices

Performance*

Period Performance
1 Year to 31 May 2017: 4.79%
3 Years to 31 May 2017: 8.98%
5 Years to 31 May 2017: 12.77%


Fees (excluding VAT)

Portfolio management fees
Annual
1.35%

Inception date

27 June 2011

Income distribution

Latest date

30 Dec 2016

Frequency

Bi-annual

Total cents per unit

68.679551

Multi-Asset funds

Multi-asset funds aim to provide investors with moderate levels of income and capital growth (at moderate levels of capital volatility), by investing in a range of different asset classes. These funds are often appropriate for investors with medium to longer investment horizons.

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Core funds

The Nedgroup Investments Core funds are balanced funds which aim to provide low cost exposure to a range of local and global asset classes. You may use these as a low cost core holding or use them to implement your entire strategy.

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Equity funds

Equity funds aim to provide investors with high levels of capital growth (at high levels of volatility) by investing in listed equities. These portfolios are often appropriate for investors with longer investment horizons.

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Income funds

Income funds aim to provide investors with high levels of income (at low levels of capital volatility), by investing primarily in fixed income asset classes. These funds are often appropriate for investors with shorter investment horizons.

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Rand-denominated international funds

If you wish to have exposure to offshore investment opportunities, you may consider the following range of rand-denominated funds that provide this exposure for lower minimum investments and without the hassle of having to apply for foreign exchange approval.

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Specialist equity funds

Specialist equity funds invest a specific sector within equities, with the objective of maximising capital growth. Due to their specialist nature, these portfolios will typically display higher volatility than a general equity portfolio. Investors should have a long-term investment horizon.

 

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