The investment managers selected for this portfolio may invest in global equities within predominantly developed countries, denominated in a variety of global currencies. The managers may either have active investment management styles or quantitative investment management styles. Through active stock selection they keep the volatility of returns below that of the average active global equity portfolio.
The portfolio is aimed at investors pursuing exposure to global equity markets. Investment Solutions expects:
! A low probability of capital loss over the longer term (however, due to volatility of the exchange rate of the currencies there may be capital loss in Rand terms)
! Investment returns in Rand terms to be more volatile due to movements in the exchange rate of the currencies