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Discovery Moderate Balanced Fund | South African–Multi Asset–Medium Equity
Reg Compliant
2.3305    -0.0080    (-0.342%)
NAV price (ZAR) Wed 29 Apr 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 115 Rand-denominated South African--Multi Asset--Medium 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--Medium 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 31 Jul 2012
Fund Size (ZAR) 2 886 154 835
Latest Price 2.33
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (31/03) 1.69%
Minimum Investment-
TTM Distribution Yield 2.45%
Fund Objective
Investment Strategy The fund aims to provide steady income and capital growth from an actively managed portfolio diversified by major asset classes, at a lower level of volatility than the typical equity or balanced fund. The fund will do this by investing in a balanced manner, with equity exposure moderated in order to reduce the risk of capital loss during unfavorable market conditions. The fund is compliant with Regulation 28 of the Pension Funds Act. Fund Objectives The fund's main objectives are: - provide a steady income and capital growth. - reduce the risk of capital loss during unfavorable market conditions....Read more
Asset Classes and Holdings
Asset Classes
 SA Equities28.45%  
 Foreign Equities28.86%  
 SA Bonds20.78%  
 Foreign Bonds0.00%  
 SA Property5.41%  
 Foreign Property0.00%  
 SA Cash14.19%  
 Foreign Cash2.32%  
Top Holdings as at 31 Mar 2026
SecurityUnitsValue (Rm)% of Fund
FOREIGNUT 0 809.3228.85%
CASH 0 199.297.10%
INMONZ 196 709 916 196.717.01%
PPFZ 37 919 663 153.545.47%
R2037 115 900 000 109.983.92%
CBFZ 97 944 457 107.143.82%
R2032 108 000 000 105.523.76%
NASPERS-N 106 610 91.893.28%
R2044 94 300 000 87.043.10%
STANBANK 210 583 64.112.29%
Totals  1 924.5568.61%
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29 Apr2.33-0.01-0.34% 
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