Good per­for­mance and off­shore ex­po­sure

Finweek English Edition - - FUND IN FOCUS - 1 2 BCI Global Flex­i­ble Fund Wool­worths BY JACO VISSER

fund in­vests mainly in lo­cal and off­shore eq­uity and has a 12% ex­po­sure to cash. It fo­cuses on lo­cal fi­nan­cial and con­sumer ser­vices stocks and 19% of the fund is in­vested in BCI’s Global Flex­i­ble Fund. Some of the ma­jor lo­cal stock hold­ings in­clude Wool­worths, JSE Ltd and FirstRand. The global com­po­nent is in­vested in Ap­ple, The Walt Dis­ney Co, Boe­ing and FedEx.

(AS AT 30 JUNE 2015)

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