FUND OBJECTIVE
The ALUSI REALFIN MANAGED FUND objective is to provide the investor with capital growth well above the Headline Consumer Price Index (performance benchmark: CPI for all urban areas) plus 4% as measured over the medium term (3 years plus), whilst assuming a moderate level of volatility in achieving this. The investment policy will seek to achieve this objective by following a robust strategic asset allocation framework that has demonstrated the ability to achieve this objective over different investment cycles.
FUND FOCUS
Investments to be included in the fund will, apart from assets in liquid form, consist, inter alia, of investments in South African shares, property & fixed income instruments, as well as offshore shares, property and fixed income instruments. These investments can take the form of direct instruments, or can incorporate the use of passive indices or ETFs. The portfolio may also invest in participatory interests and other forms of participation in portfolios of collective investment schemes or other similar schemes operated locally and in territories with a regulatory environment which is to the satisfaction of the manager and trustee of a sufficient standard to provide investor protection at least equivalent to that in South Africa and which is consistent with the portfolio's primary objective. Investments to be included in the portfolio will at all times meet the requirements of Regulation 28 of the Pension Funds Act, or equivalent regulations as promulgated from time to time, to reflect the investment structure of a retirement fund.
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