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Ashburton Targeted Return Fund | South African–Multi Asset–Low Equity
Reg Compliant
1.6460    -0.0009    (-0.052%)
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 30 Apr 2012
Fund Size (ZAR) 2 492 514 964
Latest Price 1.65
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (31/12) 1.00%
Minimum InvestmentR5 000
TTM Distribution Yield 4.16%
Fund Objective
The Ashburton Targeted Return fund is a cautious, low equity fund. Its primary objective is to beat South African Consumer Price Inflation (CPI) + 3,5% over a rolling 3 year period. The fund aims to achieve its mandate taking risk exposure into account and utilising diversified exposures, generating capital and income growth through a combination of actively managed assets and asset allocation decisions. The fund combines exposure into many different liquid asset classes, including equities, Vanilla bonds, Inflation Linked bonds, Corporate bonds (credit),property, preference shares and money market assets. The fund utilises exposure in offshore assets....Read more
Asset Classes and Holdings
Asset Classes
 SA Equities16.95%  
 Foreign Equities10.30%  
 SA Bonds71.39%  
 Foreign Bonds5.39%  
 SA Property4.34%  
 Foreign Property0.00%  
 SA Cash-10.77%  
 Foreign Cash2.40%  
Top Holdings as at 31 Mar 2026
SecurityUnitsValue (Rm)% of Fund
ASEFZ 20 125 213 250.0110.32%
ASSIFB 247 353 198 240.139.91%
ASHPFZ 228 315 365 230.719.52%
R2037 214 509 000 203.888.41%
ASMMFZ 199 824 069 201.018.29%
R2032 190 180 000 186.077.68%
BONDS 0 179.687.41%
I2031 152 960 000 174.087.18%
I2033 84 350 000 118.054.87%
APPFZ 153 793 177 103.204.26%
Totals  1 886.8377.85%
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5 May1.65-0.00-0.05% 
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