The Prescient Balanced Fund aims to achieve significant real returns over the long term and to outperform the ASISA category average of the South African Multi-Asset High Equity funds over a full market cycle by maintaining meaningful exposure to growth assets like equities.
The Prescient Balanced Fund invests across various asset classes, including domestic and offshore equities and interest-bearing instruments. The fund uses long-term strategic asset allocation. The asset allocation varies tactically to outperform the benchmark by capitalising on signals of significant market mispricing. Where possible, a process of enhanced indexation is utilised within asset classes to deliver stable incremental alpha.