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Abax Balanced Prescient Fund  |  South African-Multi Asset-High Equity
Reg Compliant
2.8600    +0.0065    (+0.228%)
NAV price (ZAR) Fri 4 Oct 2024 (change prev day)


 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 195 Rand-denominated South African--Multi Asset--High Equity funds over the last three years (needle right indicates above average performance)
Performance
<i><b>  Size</b></i><hr/>This gauge shows the size of the fund against all Rand-denominated retail funds (needle right indicates a large fund, needle left a small fund)
Size
<i><b>  Diversification</b></i><hr/>This gauge shows the level of diversification relative to other funds in the same second-tier (multi asset) category (needle right indicates a well-diversified fund)
Diversification
<i><b>  Risk</b></i><hr/>This gauge shows the fund's level of historical risk relative to other funds in the South African--Multi Asset--High Equity sector based on 3-year volatility (needle right indicates lower risk within the sector)
Risk

Fund Performance
Period    Return %Growth of R1 000
chart
* Not annualised
Key Facts and Fund Objective
Key Facts
Formation Date 30 Dec 2011
Fund Size (ZAR) 6 192 708 064
Latest Price 286.00
PlexCrowns
Total Expense Ratio (31/03) 0.91%
Minimum Investment-
TTM Distribution Yield 3.30%
Fund Objective
The Abax Absolute Balanced Fund, will have the primary objective of long term growth of capital and an appropriate level of income for investors through investing in a broad range of asset classes in a balanced manner.
Asset Classes and Holdings
chart
 RSA Equity33.50%  
Int Equity37.20%  
 RSA Bonds16.50%  
 Int Bonds4.90%  
 RSA Real Estate1.90%  
 Int Real Estate1.10%  
 RSA Cash2.50%  
 Int Cash2.40%  
Top Holdings as at 30 Jun 2024
SecurityUnitsValue (Rm)% of Fund
TOTALFOREIGEQ 0 1 845.3134.36%
GOVTISSUPAPER 0 775.1714.43%
FINANCIALS 0 518.809.66%
CONSUMERSRVS 0 438.758.17%
OTHEREQUITIES 0 262.384.89%
FOREIGN MMI 0 242.204.51%
BASICMATERIAL 0 211.153.93%
FOREIGNDIRFCE 0 209.813.91%
CONSUMERGDS 0 170.223.17%
TECHNOLOGY 0 162.653.03%
Totals  4 836.4490.05%