Abax Equity Fund

The Abax Equity Fund is a General Equity Unit Trust with a broad mandate to invest in any listed South African company. The Fund is governed by the applicable rules defined by ASISA.

The Fund remains fully invested in listed South African companies, and is managed in accordance with the Collective Investment Schemes.

Abax Investments is responsible for the management of the investments held in the Fund, and the Prescient Management Company is responsible for the overall management, compliance and administration of unit holders' investments in the Fund. The Fund is managed through a White Label agreement under the Prescient Unit Trust Scheme.

The Fund objective is to outperform the JSE Shareholder Weighted Index (JSE SWIX which is the Fund's performance benchmark), and the Average of it's peer group of funds (the General Equity Sector) over the medium and long term.

Download a copy of the latest Fund Manager's report.
[Adobe Acrobat PDF file - 81kB]