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-0.67  /  -0.14%


NAV on 2021/09/23
NAV on 2021/09/22 492.16
52 week high on 2021/08/24 495.44
52 week low on 2020/11/02 409.08
Total Expense Ratio on 2021/06/30 1.46
Total Expense Ratio (performance fee) on 2021/06/30 0
Incl Dividends
1 month change -0.52% -0.52%
3 month change 2.54% 3.95%
6 month change 6.4% 7.86%
1 year change 16.67% 19.84%
5 year change 2.57% 6.35%
10 year change 4.34% 8.37%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Additional 15.46 0.94%
Basic Materials 76.61 4.64%
Bond Funds 260.21 15.78%
Consumer Discretionary 254.94 15.46%
Derivatives 0.17 0.01%
Financials 183.50 11.12%
Fixed Interest 26.68 1.62%
Health Care 14.92 0.90%
Industrials 24.68 1.50%
Liquid Assets 2.79 0.17%
Real Estate 64.68 3.92%
SA Bonds 98.98 6.00%
Spec Equity 489.97 29.70%
Technology 43.42 2.63%
Telecommunications 68.26 4.14%
Offshore 24.25 1.47%
  • Top five holdings
U-ABSABON 260.21 15.78%
U-ABSAINT 144.93 8.79%
U-ABSGLEQ 142.00 8.61%
U-AGLBCFF 125.73 7.62%
U-ABSAFRI 77.30 4.69%
  • Performance against peers
  • Fund data  
Management company:
Absa Fund Managers (RF) (Pty) Ltd.
Formation date:
ISIN code:
Short name:
South African--Multi Asset--Medium Equity
CPI plus 5% pa over rolling 60 month period
  • Fund management  
Greg Kettles
Greg joined ABAM in September 2007 and was responsible for the management of ABAM’s second largest fund, the ABSA Dividend Income Fund prior to the fund being closed. He also manages the ABSA International Fund (an offshore equity fund), the ABSA Global Bond Fund and the ABSA range of offshore income funds. After completing his accounting articles at Deloitte, Greg continued in the profession as a partner in a small practice for a number of years before entering the asset management industry in1994. During his investment career he has had extensive experience including derivatives trading, research of companies listed in numerous sectors on the JSE, the management of numerous portfolios, both segregated client portfolios and unit trusts (both domestic and international) as well as management of clients’ offshore assets on a multi-manager basis. Greg holds a CA(SA) qualification and is a CFA charter holder.
Kurt Benn
Kurt joined Absa Asset Managers as Head: Balanced Funds in August 2015. Kurt has 19 years of investment and asset management experience. Prior to joining ABSA, Kurt spent the last 8 years co-managing multi-asset funds at Cadiz Asset Management. He has also held senior analytical and portfolio management positions at several respected investment management companies including Sanlam Investment Management, BOE Asset Management and Old Mutual Asset Management.

  • Fund manager's comment

Absa Balanced comment - Dec 19

2020/02/12 00:00:00
The Fund Commentary is provided on a quarterly basis and can be found on under Unit Trusts Minimum Disclosure Documents. The latest quarterly commentary available is for the quarter ending 31 December 2019.
  • Fund focus and objective  
The fund aims to offer investors a consistent return of 5% above inflation as measured by the SA Consumer Price Index over rolling 60 month periods. The fund will use an active asset allocation strategy by investing in selected JSE listed shares, quoted property trusts, bonds, money market and international assets. The equity content may range from 40% to 65%. The fund is managed according to the guidelines as set out in Regulation 28 of the Pension Fund Act and is suitable for retirement funds investments.

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