A rand-denominated worldwide balanced fund that has the flexibility to invest in equities, bonds, property and cash, both locally and globally. A maximum of 75% of the portfolio’s assets may be invested in equities at all times. The fund complies with Regulation 28 of the South African Pension Funds Act.
This fund is suitable for investors wishing to utilise their Tax Free Investment allowance.
To offer investors medium- to long-term income and capital growth with lower than average risk.
Performance Net of Fees and Expenses
To period ended 31 December 2016
LATEST UNIT PRICES (*CENTS PER UNIT)
RECM Balanced Fund, A (ZAR)* - 118.330000