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Allan Gray Tax-Free Balanced Fund | South African–Multi Asset–High Equity
Reg Compliant
21.3825    -0.0663    (-0.309%)
NAV price (ZAR) Wed 24 Jun 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 251 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
NAV and TRI Performance
  TRI
  NAV
   3 Months 6 Months 1 Year 3 Years 5 Years
Period    Return %Growth of R1 000
chart
* Not annualised
Key Facts and Fund Objective
Key Facts
Formation Date 29 Jan 2016
Fund Size (ZAR) 5 749 296 677
Latest Price 21.38
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (31/03) 1.48%
Minimum InvestmentR20 000
TTM Distribution Yield 1.99%
Fund Objective
The Fund is managed in broadly the same way as the Allan Gray Balanced Fund. It was created specifically for use in tax-free accounts and can only be accessed through these products. The Fund invests in a mix of shares, bonds, property, commodities and cash. The Fund can invest a maximum of 30% offshore, with an additional 10% allowed for investments in Africa outside of South Africa. The Fund typically invests the bulk of its foreign allowance in a mix of funds managed by Orbis Investment Management Limited, our offshore investment partner....Read more
Asset Classes and Holdings
Asset Classes
 SA Equities43.60%  
 Foreign Equities33.20%  
 SA Bonds10.50%  
 Foreign Bonds5.30%  
 SA Property0.10%  
 Foreign Property1.00%  
 SA Cash4.10%  
 Foreign Cash2.20%  
Top Holdings as at 31 Mar 2026
SecurityUnitsValue (Rm)% of Fund
ORBGLBALA 1 317 988 798.8914.75%
AGFRONTIERLTD 47 365 255.134.71%
AB INBEV 193 115 226.474.18%
FOREIGNUT 0 220.524.07%
ORBISINTEQUIT 368 307 197.023.64%
O-ORBGLBA 21 764 185.243.42%
GLENCORE 1 426 216 183.143.38%
O-ORBOPTU 485 861 169.343.13%
CASH 0 164.043.03%
ANGGOLD 94 033 153.332.83%
Totals  2 553.1147.13%
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