Good performance and offshore exposure
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)