A rand-denominated worldwide balanced fund that has exposure to equities, bonds, property and cash, both locally and globally. The Fund will have a maximum eﬀective equity exposure (including international equity) of up to 75%; a maximum eﬀective property exposure (including international property) of up to 25% and a maximum oﬀshore exposure of up to 25%. The fund complies with Regulation 28 of the South African Pension Funds Act.
The Fund has a speciﬁc focus on maximising long-term capital growth in excess of 4% above inﬂation after fees, through exposure to the major asset classes.
* 0.3% Annual Investment Manager Fee
0.2% Annual Administration Fee
LATEST UNIT PRICES(*CENTS PER UNIT)
WellsFaber Balanced RECM Fund of Funds, A (ZAR)* - 1020.70