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Prime Global Balanced Flexible Fund (USD) - D
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Ranking
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Sector:
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Global-Asset Allocation-Flexible |
Size:
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(USD) 41 731 703 |
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Sector Rank:
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34 out of 93 |
(lump sum over 3 years to 31 Dec 2024)
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Overall Rank:
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192 out of 481 |
(lump sum over 3 years to 31 Dec 2024)
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R20000 invested on 31 Dec 2021 was worth R24 545 at 31 Dec 2024 |
(7.06% annual compound return)
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R5000 per month since 31 Dec 2021 was worth R221 602 at 31 Dec 2024 |
(13.14% annual return compounded monthly)
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Please note that offshore fund performance figures are calculated from NAV prices (ie, equivalent to sell-to-sell) and therefore not directly comparable to domestic fund performance figures on this site. |
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Focus and Objective
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To achieve the investment objective noted above, the fund invests in a well diversified portfolio consisting of listed equities, bonds, properties, and cash across geographical regions. The portfolio construction methodology is based on a passive core and factor based satellite approach thereby achieving an optimal risk controlled solution while aiming at outperformance in the medium to longer term. The fund has a capital preservation focus, with a flexible asset allocation strategy that seeks to minimise drawdown risk. The Manager has substantial flexibility, based on the recommendations of the Investment Advisor, to vary the asset allocation of the fund in such a manner as it deems appropriate and shall not be precluded from continually varying the exposure to asset classes across and within geographical regions in order to achieve the investment objective of the Fund.
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Technical Overview
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Benchmark: |
U.S LT Inflation + 1% Rolling over a 3 year period |
Base currency: |
USD |
Formation date: |
18 Jul 2018 |
Domicile |
Mauritius |
Management fee (p.a.): |
0.17% |
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