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Multi Asset FR Balanced Defensive Fund | South African–Multi Asset–Low Equity
Reg Compliant
16.4044    -0.0031    (-0.019%)
NAV price (ZAR) Thu 20 Aug 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 23 Jan 2015
Fund Size (ZAR) 356 171 319
Latest Price 16.40
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (31/03) 1.19%
Minimum InvestmentR10 000
TTM Distribution Yield 5.55%
Fund Objective
The Multi Asset FR Balanced Defensive Fund aims to achieve stable capital appreciation with low volatility. The asset allocation of the fund will be varied according to the manager's view on the macroeconomic outlook as well as the attractiveness of each asset class. The portfolio is managed in compliance with prudential investment guidelines for retirement funds in South Africa to the extent allowed for by the Act, subject to the portfolio's equity exposure not exceeding 40% of the portfolio's net asset value. In order to achieve its objective, the investments normally to be included in the portfolio may comprise a combination of assets in liquid form, equity securities, notes, property securities, preference shares, convertible equities, interest bearing instruments and non-equity securities....Read more
Asset Classes and Holdings
Asset Classes
 SA Equities20.13%  
 Foreign Equities15.83%  
 SA Bonds40.65%  
 Foreign Bonds3.26%  
 SA Property3.97%  
 Foreign Property0.92%  
 SA Cash9.14%  
 Foreign Cash6.09%  
Top Holdings as at 30 Jun 2026
SecurityUnitsValue (Rm)% of Fund
AGBD 2 755 958 33.669.56%
IDICI 23 187 800 29.838.47%
PBQB1 20 065 045 24.787.04%
MPBFD 336 284 13.733.90%
CASH 0 13.403.81%
PIPFB6 8 883 951 13.213.75%
AGMF 12 017 157 12.093.43%
ABPC1 2 807 617 11.943.39%
MIGLB2 167 570 10.593.01%
NEIG 487 369 10.272.92%
Totals  173.5049.29%
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20 Aug16.40-0.00-0.02% 
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