Mandate Overview24 Feb 2020
Abax Absolute is a domes..c fund with a mandate to invest across a wide range of local and foreign asset classes. The Fund has a maximum net equity exposure of 40% and a maximum net foreign exposure of 30% and 10% Africa (excl. South Africa). The Fund is suitable for re..rement savings.
The Fund's primary objec..ve is to outperform Infla..on + 3% p.a., over rolling 3 year periods (net of fees), without any nega..ve 12month periods.
The Fund has a low to moderate risk profile, and is suitable for investors seeking some capital growth and income without having to assume high levels of capital vola..lity.