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Allan Gray Tax-Free Balanced Fund | South African–Multi Asset–High Equity
Reg Compliant
21.2741    +0.2260    (+1.074%)
NAV price (ZAR) Tue 10 Mar 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 249 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) 5 251 400 943
Latest Price 21.27
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (31/12) 1.48%
Minimum InvestmentR20 000
TTM Distribution Yield 2.00%
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 Equities45.02%  
 Foreign Equities32.87%  
 SA Bonds11.21%  
 Foreign Bonds4.51%  
 SA Property0.14%  
 Foreign Property1.01%  
 SA Cash3.92%  
 Foreign Cash1.32%  
Top Holdings as at 31 Dec 2025
SecurityUnitsValue (Rm)% of Fund
O-ORBGLBA 1 131 947 631.7913.26%
AGFRONTIERLTD 43 466 219.424.60%
CASH 0 206.134.33%
FOREIGNUT 0 199.164.18%
AB INBEV 180 178 192.884.05%
ORBISINTEQUIT 339 579 176.583.71%
O-ORBGLEQ 19 946 166.093.49%
O-ORBOPTU 445 649 147.073.09%
ANGGOLD 99 390 142.442.99%
R2037 126 950 000 130.752.74%
Totals  2 212.3046.43%
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10 Mar21.27+0.23+1.07% 
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