The Allan Gray Orbis Global Equity Feeder fund invests only in the underlying Orbis Equity Fund. As the underlying fund is made up solely of equity investments, the fund is volatile in nature, especially in the short to mid-term. The investment is offshore, but in rand denominated.
The aim is to outperform the FTSE World Index along with Income.
This fund invests 100% into the Orbis Global Equity fund, which has its investments distributed in the following way: US Equities (47%), European Equities (12%), Asian Equities (25%), International Equities (8%), UK Equities (7%) and Canadian Equities (1%).