Guard­ing against rand weak­ness

Finweek English Edition - - FUND IN FOCUS -

f und aims to pro­vide i nvestors with l ong- term cap­i­tal growth and a rea­son­able l evel of i ncome, ac­cord­ing to its l at­est f und f act sheet. The f und’s un­der­ly­ing in­vest­ments are skewed to­wards South African

FUND IN­FOR­MA­TION

eq­ui­ties, fol­lowed by lo­cal cash, off­shore eq­uity and lo­cal l i sted prop­erty. Some of the l argest hold­ings i nclude Ned­group In­vest­ments’ Money Mar­ket Fund, Naspers* and Dis­cov­ery.

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