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ABAX Absolute Prescient Fund | South African–Multi Asset–Low Equity
Reg Compliant
2.0043    -0.0067    (-0.333%)
NAV price (ZAR) Fri 14 Nov 2025 (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) 12 350 985 589
Latest Price 2.00
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (30/06) 0.79%
Minimum Investment-
TTM Distribution Yield 4.82%
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 Equities6.60%  
 Foreign Equities14.40%  
 SA Bonds44.00%  
 Foreign Bonds3.20%  
 SA Property1.50%  
 Foreign Property0.00%  
 SA Cash25.00%  
 Foreign Cash5.30%  
Top Holdings as at 30 Sep 2025
SecurityUnitsValue (Rm)% of Fund
I2029 538 370 000 754.926.08%
O-COREMSW 315 000 683.715.51%
BONDS 0 658.635.31%
R210 238 419 000 599.394.83%
O-ABGLEQF 924 252 421.903.40%
FOREIGNBO 0 397.093.20%
R2037 422 650 000 395.013.18%
ABAXGLOINCOME 1 705 629 389.593.14%
R2032 378 100 000 373.263.01%
TNFG32 362 400 000 367.682.96%
Totals  5 041.1940.63%
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14 Nov2.00-0.01-0.33% 
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