4 funds to get you offshore
South Africa represents a mere 0.2% of global debt indices, while the JSE represents only about 0.6% of the investable universe, according to Stanlib. By investing offshore, South African investors can benefit not only from geographical and currency diver
Fund manager insights:
The fund aims to achieve long-term capital appreciation by investing primarily in equity and debt securities of European Monetary Union member country governments and companies with at least 75% of its total assets in equity securities issued by companies that have their head office in the EU.
Templeton’s investment style is built upon a disciplined, yet flexible long-term approach to value-orientated investing based on the principles established by the American-born British investor, fund manager and philanthropist Sir John Templeton. Portfolios are structured completely from a stock selection orientation; asset allocation decisions are residual within the process.
Templeton has a five-step process, which consists of identifying undervalued stocks, conducting in-depth fundamental analysis, having a team approval of stock ideas, constructing portfolios from the approved “bargain list” and ongoing portfolio monitoring and risk management.
Why finweek would consider adding it:
The fund has an overall Morningstar rating of four stars and has outperformed its benchmark since inception. It won the Raging Bull Award for Best (FSB-Approved) Offshore Europe Equity General Fund in 2017.