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Allan Gray Optimal Fund | South African–Multi Asset–Low Equity
23.3159    -0.1812    (-0.771%)
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 171 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 1 Oct 2002
Fund Size (ZAR) 901 573 897
Latest Price 23.32
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (31/12) 1.18%
Minimum InvestmentR50 000
TTM Distribution Yield 3.43%
Fund Objective
The Fund invests mainly in selected shares and it uses exchange-traded derivative contracts on stock market indices to substantially reduce its net equity exposure to within a range of 0-20%. As a result, the Fund's return depends on the level of short-term interest rates (implicit in the pricing of the sold futures contracts) and the performance of the Fund's selected shares relative to the stock market index. The Fund's return is therefore unlikely to be correlated with equity market returns. In addition, a portion of the Fund is typically invested in cash and margin deposits.
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Asset Classes and Holdings
Asset Classes
 SA Equities84.63%  
 Foreign Equities0.00%  
 SA Bonds0.00%  
 Foreign Bonds0.00%  
 SA Property0.00%  
 Foreign Property0.00%  
 SA Cash15.37%  
 Foreign Cash0.00%  
Top Holdings as at 30 Sep 2025
SecurityUnitsValue (Rm)% of Fund
CASH 0 839.5291.24%
GFIELDS 108 111 78.388.52%
ANGGOLD 62 238 75.688.22%
FUTURES M 0 60.076.53%
NASPERS-N 9 340 58.976.41%
AB INBEV 48 753 50.045.44%
FIRSTRAND 585 215 45.534.95%
BATS 48 189 44.084.79%
PREMIER 233 320 35.673.88%
SASOL 316 229 34.033.70%
Totals  1 321.97143.68%
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