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Allan Gray Tax-Free Balanced Fund | South African–Multi Asset–High Equity
Reg Compliant
21.0922    +0.1234    (+0.588%)
NAV price (ZAR) Fri 23 Jan 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 247 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) 4 950 790 376
Latest Price 21.09
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (31/12) 1.48%
Minimum InvestmentR20 000
TTM Distribution Yield 2.02%
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 Equities43.01%  
 Foreign Equities33.56%  
 SA Bonds12.32%  
 Foreign Bonds4.01%  
 SA Property0.13%  
 Foreign Property1.02%  
 SA Cash5.47%  
 Foreign Cash0.48%  
Top Holdings as at 30 Sep 2025
SecurityUnitsValue (Rm)% of Fund
ORBGLBALA 1 027 308 573.9612.80%
CASH 0 217.184.84%
AGFRONTIERLTD 42 914 211.714.72%
FOREIGNUT 0 182.334.07%
ORBISINTEQUIT 333 323 176.373.93%
AB INBEV 167 437 171.843.83%
O-ORBGLEQ 19 635 163.093.64%
PROSUS 128 358 156.423.49%
MONEYMARK 0 151.363.38%
O-ORBOPTU 402 912 140.113.12%
Totals  2 144.3747.82%
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