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ABAX Absolute Prescient Fund | South African–Multi Asset–Low Equity
Reg Compliant
1.9787    -0.0026    (-0.131%)
NAV price (ZAR) Tue 5 May 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 172 Rand-denominated South African--Multi Asset--Low 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--Low 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 2010
Fund Size (ZAR) 12 827 980 254
Latest Price 1.98
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (30/06) 0.79%
Minimum Investment-
TTM Distribution Yield 4.58%
Fund Objective
Investment Objective ABAX's Absolute strategy invests in a range of income and protected equity assets and strategies in order to: o Protect capital over a rolling twelve month period. o Capture as much of the upside of equity and fixed income markets as possible. o Utilize alpha sources in the equity and fixed income markets in order to generate absolute returns for the portfolio. Investment Philosophy Because markets can be very volatile, downside protection is fundamental in ensuring that absolute return funds minimise the risk of losing capital. Absolute return funds that use protection strategies can provide investors with a low risk returns, with the potential for upside participation....Read more
Asset Classes and Holdings
Asset Classes
 SA Equities19.00%  
 Foreign Equities12.91%  
 SA Bonds52.59%  
 Foreign Bonds6.09%  
 SA Property1.95%  
 Foreign Property0.06%  
 SA Cash5.04%  
 Foreign Cash2.35%  
Top Holdings as at 31 Mar 2026
SecurityUnitsValue (Rm)% of Fund
I2029 577 170 000 837.086.65%
R2037 774 350 000 734.885.84%
O-COREMSW 296 800 631.965.02%
R210 238 419 000 619.164.92%
O-ABGLEQF 924 252 402.003.20%
ABAXGLOINCOME 1 705 630 393.253.13%
FOREIGNBO 0 364.822.90%
BONDS 0 344.502.74%
R2032 314 900 000 307.672.45%
FUTURES M 0 239.601.90%
Totals  4 874.9438.75%
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5 May1.98-0.00-0.13% 
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