The Fund aims to provide steady, inflation beating growth at a lower volatility (e.g. lower fluctuations in value) than the typical equity or balanced fund. The Fund invests in a balanced portfolio of equities (e.g. company shares), bonds (contracts to repay borrowed money which typically pay interest at fixed times) and cash. Derivatives (financial contracts whose value is linked to the price of an underlying asset) are used with the aim of removing market risk. Other investments may include the units of other funds, property-related equities and bonds. The risk profile of the Fund is expected to be low to medium with returns that are not directly linked to those of equity and bond markets

The Investec Absolute Balanced Fund will change it's name to Ninety One Absolute Balanced Fund, effective from 30 March 2020