The objective of the fund is to secure long term capital growth. The portfolio is a flexible rand denominated offshore fund of funds, investing in a combination of foreign equities, bonds, and money market portfolios. The portfolio is ideal for investors who wish to diversify their portfolio globally.
The fund has a predetermined risk budget per asset class to allow the manager to vary exposure between asset classes, whilst respecting the fund's strategic asset allocation benchmarks. The managers consider tactical asset allocations between asset classes and sectors after a team process has determined a risk score by considering the global and local leading economic indicators, asset class valuations, fundamental research, independent liquidity analysis and technical analysis.