Kagiso Balanced Fund

Fund Objectives

The Fund aims to provide investors with high long-term capital growth, within the constraints of the statutory investment restrictions for retirement funds. The fund seeks to provide a moderate exposure to volatility in the short term.

Investment Strategy

The investment objective of the Fund is to provide investors with high long-term returns with optimised income over the shorter term and capital growth over the long term, within the constraints of the statutory investment restrictions for retirement savings. The fund has a moderate level of risk and therefore seeks to provide a moderated exposure to volatility in the short term. In order to achieve these objectives the portfolio will apply best investment views to optimise the combination of asset classes to maximise long term returns and to moderate exposure to volatility in the short term. As the portfolio is managed to achieve high long-term results, it will typically have a strong bias towards equities. The portfolio may invest to a maximum of 75% in equities (excluding listed properties).

Investment Performance

Annual Return and Maximum Drawdown Figures Updated: Never
2 years 3 years 5 years 7 years 10 years Maximum Drawdown
n/a n/a n/a n/a n/a n/a

Fund and Adviser Fees

Adviser Fees Administration Fees Management Fees
Upfront Annual Standard Manager Discount Effective Annual Fee Total Expense Ratio (TER)
0.00% 0.50% not available not available not available 1.07%

All fees shown exclude VAT. Data provided by Morningstar and Allan Gray / Investec.

What are adviser fees?

Adviser fees are paid to Beanstalk. We do not charge an upfront fee and our annual fee is very low at just 0.50% (+ VAT where applicable).

What are administration fees?

Annual administration fees are charged by Allan Gray Investment Services Proprietary Limited or Investec Management Services (Pty) Ltd for ongoing administation. The fee applicable to your investment depends on the unit trusts you have selected and the value of your investment. A negative annual administration fee means you will pay no annual administration fee and will receive additional units into your account.

What are management fees?

Fixed fee of 0.97% (incl. VAT) with no performance fee component.

Management fees are expenses included in the price of your selected unit trust(s). These expenses are not charged as separate fees, but are built into the unit price of the unit trusts you select. The fees shown include VAT where applicable. Values are calculated using more decimal places than are displayed.

Fund Positioning

This fund is suitable for moderate investments.

Fund Asset Allocation

Asset allocation as of
30 Sep 2016



Please note that while every effort is taken to ensure the accuracy of this information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the fund information presented on this page. All data is provided by Morningstar, Allan Gray and Investec.