Mandate Overview17 Nov 2022
Abax SA Absolute Prescient Fund is a domes..c fund with a mandate to invest across a wide range of South African asset classes. The Fund has a mandated maximum net equity exposure of 40%. The Fund is suitable for re..rement savings and complies with Regula..on 28. 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.