What is our Local Balanced Fund?
The local balanced fund is suited to investors looking to grow their retirement savings and limit South African sovereign risk. This is done through maximum direct offshore exposure, within the constraints set forth in Regulation 28, and by prioritising investments with offshore revenue streams. This means that fund performance is mostly unrelated to local conditions. Investors can therefore still take advantage of considerable tax deductions, whilst aiming to maintain the global purchasing power of their retirement savings.