The fund aims to offer superior returns over the medium to longer term. It invests primarily in listed companies showing above average growth potential, an entrepreneurial attitude and the potential to increase market share. These are companies whose future earnings growth potential has not yet been fully discounted. Up to 30% of the portfolio may be diversified into value-type shares (ie, companies currently deemed to be undervalued relative to the rest of the stock market). The fund aims to achieve its performance objectives through well-researched and superior share selection.
The fund is for investors looking to invest in a "growth style" biased fund which holds a range of South African companies across all industry sectors.
This is a moderately aggressive risk fund (risk rating 4). The fund is exposed to share price movements, which are affected by the performance of individual companies, general market conditions as well as political and economic changes. Risk is reduced through a diversified portfolio of shares across most sectors of the JSE. Poor performance of one asset or sector may be offset by stronger performance of other assets/sectors.