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ABAX Absolute Prescient Fund  |  South African-Multi Asset-Low Equity
Reg Compliant
1.8955    -0.0011    (-0.058%)
NAV price (ZAR) Wed 8 Jan 2025 (change prev day)


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.
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