The Investec Managed fund’s objective is to offer steady capital growth over the long term. It is a balanced fund which uses a very flexible approach active asset allocation and stock selection in order to achieve its investment strategy. The fund provides a reasonable level of income.
The fund invests in a composite of both SA and international equities and fixed interest investments. The fund is suitable for retirement annuities as it is compliant with the prudential regulations. Although this fund has a strong bias towards towards equity, its equity exposure is limited to 75%.