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Discovery Balanced Fund | South African–Multi Asset–High Equity
Reg Compliant
3.6373    +0.0152    (+0.420%)
NAV price (ZAR) Thu 22 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 5 Nov 2007
Fund Size (ZAR) 55 254 129 408
Latest Price 3.64
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (30/09) 2.00%
Minimum Investment-
TTM Distribution Yield 1.48%
Fund Objective
Investment Strategy The fund uses a stand-alone multi-asset strategy with prudential international exposure. The investment process is based on a balanced research process. The fund is Regulation 28 compliant such that institutions like pension and retirement funds can invest in it. The fund may invest in JSE listed companies, listed gilts and interest bearing securities, money market instruments, listed property companies or securities, listed derivative instruments, participatory units in collective investment schemes and foreign investments. Fund Objectives The fund aims to achieve high returns over the long term with moderate volatility....Read more
Asset Classes and Holdings
Asset Classes
 SA Equities43.17%  
 Foreign Equities32.55%  
 SA Bonds17.90%  
 Foreign Bonds0.00%  
 SA Property4.04%  
 Foreign Property0.85%  
 SA Cash-1.32%  
 Foreign Cash2.81%  
Top Holdings as at 30 Sep 2025
SecurityUnitsValue (Rm)% of Fund
FOREIGNUT 0 18 616.9835.67%
NASPERS-N 555 646 3 475.396.66%
GFIELDS 2 981 368 2 173.694.17%
CAPITEC 456 669 1 586.473.04%
ANGGOLD 1 219 766 1 480.222.84%
GLTZ 628 446 698 1 373.602.63%
FIRSTRAND 16 474 444 1 279.412.45%
R2040 1 364 350 000 1 270.392.43%
CBFZ 1 132 184 076 1 223.782.34%
VALTERRA 843 773 1 042.372.00%
Totals  33 522.2964.23%
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