Prudential Global Balanced Feeder Fund

LATEST PRICE

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Who Should Invest

This fund is ideal for investors seeking long-term capital growth from a diversified portfolio of global assets. The recommended investment horizon is 5 years or longer. Although the fund’s investment universe is global, units in the fund are priced in rands. Investors can therefore invest without having to personally expatriate rands.

RISK PROFILE

Medium Risk

Investment Objective

The fund’s objective is to provide investors with capital growth over the long-term by investing in a diversified portfolio of global assets.

  • OFFSHORE
  • TAX FREE
  • MEDIUM RISK

Details

ASISA Category

Global - Multi Asset - High Equity

Currency

South African Rand

Benchmark

65% MSCI All Country World Index TR (Net)
5% FTSE EPRA/NAREIT Global REIT Index
25% Bloomberg Barclays Global Aggregate Bond Index
5% US Dollar 1m Libor

Investment Manager of the Underlying Fund

M&G Investment Management Ltd (UK)

Inception Date

28 June 2018

Min Lump Sum

Investor Class (A): R10 000

Min Debit Order

Investor Class (A): R500 pm

Income Declaration

Distributed bi-annually

Prices

DATE UNIT PRICE

Fees

Initial Fees (excl. VAT):

No initial fees charged

Annual Management Fees (excl.VAT):

Investor Class (A): 0.50%

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 is a feeder fund and, other than assets in liquid form and currency contracts, invests only in one underlying fund - the Prudential Global Balanced Fund, a US dollar denominated fund domiciled in Ireland. Through this underlying fund, the fund has exposure to a diversified portfolio of global assets, which includes equity securities (including property), cash, bonds, currencies and commodities. The fund may have exposure to equity securities (excluding property) up to 75% and to property securities up to 25%.

FUND MANAGERS

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