The Long Beach Managed Prescient Fund is an actively managed portfolio which aims to provide investors with long-term (3-5yrs) growth in capital. The Fund invests in global equities, bonds, cash, ETFs, listed property and may also invest in depository receipts and commodity ETFs. The fund will generally look to maximise its equity and foreign asset allowances in terms of Regulation 28. The Fund is classified as a South African Multi Asset High Equity Fund and is managed in accordance with Regulation 28. The fund’s benchmark is the ASISA Multi Asset High Equity Sector Average.