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ABAX Balanced Prescient Fund  |  South African-Multi Asset-High Equity
Reg Compliant
2.9005    -0.0137    (-0.470%)
NAV price (ZAR) Thu 3 Apr 2025 (change prev day)


 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 198 Rand-denominated South African--Multi Asset--High Equity funds over the last three years (needle right indicates above average performance)
Performance
<i><b>  Size</b></i><hr/>This gauge shows the size of the fund against all Rand-denominated retail funds (needle right indicates a large fund, needle left a small fund)
Size
<i><b>  Diversification</b></i><hr/>This gauge shows the level of diversification relative to other funds in the same second-tier (multi asset) category (needle right indicates a well-diversified fund)
Diversification
<i><b>  Risk</b></i><hr/>This gauge shows the fund's level of historical risk relative to other funds in the South African--Multi Asset--High Equity sector based on 3-year volatility (needle right indicates lower risk within the sector)
Risk

Fund Performance
Period    Return %Growth of R1 000
chart
* Not annualised
Key Facts and Fund Objective
Key Facts
Formation Date 30 Dec 2011
Fund Size (ZAR) 7 108 094 654
Latest Price 290.05
PlexCrowns
Total Expense Ratio (30/09) 0.90%
Minimum Investment-
TTM Distribution Yield 2.89%
Fund Objective
The Abax Absolute Balanced Fund, will have the primary objective of long term growth of capital and an appropriate level of income for investors through investing in a broad range of asset classes in a balanced manner.
Asset Classes and Holdings
chart
 RSA Equity32.40%  
Int Equity39.20%  
 RSA Bonds14.10%  
 Int Bonds6.50%  
 RSA Real Estate0.80%  
 Int Real Estate1.20%  
 RSA Cash4.90%  
 Int Cash0.90%  
Top Holdings as at 31 Dec 2024
SecurityUnitsValue (Rm)% of Fund
TOTALFOREIGEQ 0 2 454.3936.44%
GOVTISSUPAPER 0 677.0510.05%
CONSUMERSRVS 0 525.077.80%
FINANCIALS 0 492.457.31%
BASICMATERIAL 0 415.626.17%
CASH 0 295.274.38%
OTHEREQUITIES 0 287.514.27%
TECHNOLOGY 0 262.173.89%
FOREIGNBONDS 0 241.763.59%
FOREIGNDIRFCE 0 218.583.25%
Totals  5 869.8787.14%