Balanced Fund

Abax Investments was appointed as fund manager of the Nedgroup Investments Balanced Fund with effect from 27 June 2011.

The Fund has a broad mandate to invest in a combination of local and offshore equities, bonds, property and cash. A maximum of 75% of the portfolio's assets may be invested in equities at all times. The unit trust portfolio complies with Regulation 28 of the South African Pension Funds Act.

The Fund objective is to achieve medium- to long-term income and capital growth by actively investing in a mix of local and offshore assets.

Download a copy of the latest Fund Manager's report.
[Adobe Acrobat PDF file - 245kB]