We manage a small range of pooled funds for our institutional client base, as well as a limited number of separate accounts with high minimums.
Our funds are administered through a white-label agreement under the Prescient Unit Trust Scheme.
Abax Equity 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 Shareholder Weighted Index (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.
Abax Balanced Fund
The Abax Balanced Fund is a domestic fund with a flexible mandate to invest across a wide range of local and offshore asset classes. The fund has a maximum net equity exposure of 60%
The funds primary objective is to outperform Inflation + 5% p.a. over rolling 3-year periods, without any negative 24-month periods. A secondary objective is to outperform the peergroup (as measured by the ASISA Multi-Asset Medium Equity Unit Trust Mean).
The fund is domiciled in South Africa and conforms to CISCA regulations. The fund is suitable for retirement savings (regulation 28 compliant).
The fund was launched in January 2012.
Abax Absolute Fund
The Abax Absolute Fund is a domestic fund with a mandate to invest across a wide range of local asset classes. The fund has a maximum net equity exposure of 75%.
The funds primary objective is to outperform the STeFI Index, without any negative 12-month periods. Derivatives are used to protect risky assets, with the aim of delivering positive returns over a rolling 12-month period. This is not a guaranteed fund.
The fund is domiciled in South Africa and conforms to CISCA regulations. The fund is suitable for retirement savings (regulation 28 compliant).
The fund was launched in February 2010.
Abax Diversified Income Fund
The Abax Diversified Income Fund is a domestic fund with a flexible mandate to invest across a wide range of local and offshore fixed income asset classes.
The funds primary objective is to outperform 110% of STeFI Call Index with a high degree of capital stability.
The fund is domiciled in South Africa and conforms to CISCA regulations. The fund is suitable for retirement savings (regulation 28 compliant).
The fund was launched in July 2010.
Abax Global Equity Fund (USD)
The Abax Global Equity Fund is a foreign fund with a mandate to invest in listed global equities.
The funds primary objective is to outperform the MSCI All Country World Index (ACWI) over the medium to long term.
The fund is domiciled in Ireland and conforms to UCITS regulations.
The fund was launched in November 2015.
Abax Global Equity Feeder Fund (ZAR)
TBC