The fund aims to offer superior returns over the medium to longer term by investing in shares from developed countries around the world.
This fund is suited to investors wanting to diversify their portfolios by adding an international equity component or investors who are taking a specifi c view on the performance of global equity relative to other asset classes.
The fund has a broad-based exposure to quality shares from developed countries across the globe. The fund is managed by Merian Global Investors, who aims to maximise returns by managing country and sector exposure. This fund remains as fully invested in foreign equities as possible, given regulatory constraints.
The fund aims to offer exposure to a specifi c asset class. It therefore holds a higher allocation to international assets and equities than what is allowed in terms of Regulation 28 of the Pension Funds Act. This fund is therefore not Regulation 28 compliant.