Abax Equity Prescient Fund
The Abax Equity Fund is a domestic fund with a mandate to invest in listed South African equities.
The funds primary objective is to outperform the FTSE/JSE Capped Shareholder Weighted Index (Capped SWIX) over the medium to long term. A secondary objective is to outperform the peergroup (as measured by the ASISA General Equity Unit Trust Mean).
The fund is domiciled in South Africa and conforms to CISCA regulations.
The fund was launched in October 2004.