Prudential Balanced Fund Tax-free

LATEST PRICE

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Who Should Invest

This medium-risk fund is ideal for investors who want steady long-term growth of their capital and income from a diverse portfolio of actively managed South African and global assets, with all growth in the underlying investment fully exempt from any tax on interest, rental income, dividends or capital gains. The fund is Regulation 28 compliant, making it suitable for building up long-term retirement capital.  

RISK PROFILE

Medium Risk

Investment Objective

This fund aims to achieve steady long-term growth of capital and income by investing in a diversified combination of domestic and international assets, where the asset allocation is actively managed in the short term.

  • TAX FREE
  • MEDIUM RISK
  • LONG-TERM GROWTH

Details

Performance

All returns quoted are T-Class after fees and charges

Min Lump Sum

Investor Class (T): R10 000

Min Debit Order

Investor Class (T): R500 pm

ASISA Category

South African - Multi Asset - High Equity

Benchmark

ASISA South African – Multi-Asset – High Equity Category Average

Regulation 28 Compliant

Yes

Inception Date

02 August 1999

Income Distributions

Distributed bi-annually

Prices

DATE UNIT PRICE

Fees

Initial Fees (excl. VAT):

No initial fees charged

Annual Management Fees (excl.VAT):

Tax-Free Class (T): 0.80%

Additional underlying foreign fund fees are dependent on the fund and are included in the TER

  • FUND RETURN

  • BENCHMARK RETURN

  • OUTPERFORMANCE

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Fund Management Approach

This fund uses an active global asset allocation strategy and superior stock selection through a long-term valuation-based approach to beat its benchmark, with controlled risk exposure. The intended maximum limits are: Equity: 75%; Listed Property: 25%; Foreign: 30%; Africa (excl. SA): 5%

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