The Marriott Balanced Fund of Funds has, as its primary objective, a growing managed income sufficient to hedge both income and capital against the effects of inflation. Investments normally to be included will be participatory interests (units) in portfolios of collective investment schemes registered in South Africa or in portfolios of collective investment schemes or similar schemes operated in territories with a regulatory environment at least equivalent to that of South Africa. Investments, apart from liquid assets, will be held in equity-based portfolios, equity-based property funds, fixed interest and other income-based portfolios in order to maximise the return over the long term. Such allocation will follow regulations governing retirement funds in South Africa. The Balanced Fund is Regulation 28 compliant and accordingly is permitted to invest up to 30% offshore without losings its prudential status.