You are viewing content for

Opportunity Fund

Add to your portfolio

Investor Profile

The unit trust portfolio is suitable for investors requiring moderate capital growth and who do not wish to make complex asset allocation decisions between equities, cash and bonds, both locally and offshore. Diversification across all asset classes, and a maximum equity exposure of 60%, helps to reduce risk and volatility relative to an average prudential portfolio.

Awards

2016 - Morningstar - Best Moderate Allocation Fund

2016 - Raging Bull - Best SA Multi-Asset Medium-Equity Fund

2016 - Raging Bull - Best SA Multi-Asset Medium-Equity Fund on a risk adjusted basis

Investment manager

Abax Investments is an owner-managed company that focuses exclusively on investment management. Abax aims to construct diversified portfolios which have the ability to generate performance in a range of market conditions. They are characterised by a small and focused team of experienced investment professionals, with varied expertise in stock selection, fixed interest and asset allocation. Abax Investments was established in 2003 and manages the Nedgroup Investments Rainmaker, Entrepreneur, Opportunity and Flexible Income Funds. 

Abax incorporates ESG factors into their investment process, enabling them to evaluate companies through a sustainability lens. Behind this process is a team committed to the advancement of responsible investment in South Africa, as evidenced by their 100% voting participation at company AGMs and championing of shareholder rights. Most noteworthy is the degree and depth at which Abax engages with investee companies.

Risk profile

Low risk High risk
The greater the amount of risk an investor is willing to take on the greater the potential return

Minimum investment

Lump sum: R10 000 Debit order: R500

Recommended minimum period

3 to 5 years

Inception date

11 August 1999

Asisa category

(ASISA) South African MA Medium Equity

Benchmark

SA Inflation + 5% Geometric

Performance (since inception)

Annual fees and charges eac Fees calculator

excl VAT incl VAT
Fund management fee 1.35% 1.55%
+
Fund expenses 0.05%
Total expense ratio 1.60%
+
Fund transacting costs 0.21%
Total investment charges 1.81%

Price as at eac View all prices

Fund price Market change Unit count
4082.57999999 -0.59% -

Income distribution

Cents per unit Latest date Frequency
68.44 31 December 2019 Semi-annually