Prosperity IP Worldwide Flexible Fund of Funds

The Prosperity IP Worldwide Flexible Fund of Funds is diversified across geographic regions, asset classes and fund managers. Its objective is to provide investors with real medium to long-term capital growth from a portfolio that maintains a moderate risk profile. The strategy is to blend the asset allocation with our macro views while taking advantage of irrational pricing across all markets and to select the best funds to enhance our views.

The fund is best suited to investors with a moderate risk profile who require a balanced local and global investment exposure with a conservative bias and capital preservation.

Composite benchmark: 36% JSE All share index, 24% MSCI World Index - in Rands, 12% All Bond Index, 8% JP Morgan Bond Index - in Rands, 12 % Alexander Forbes Money Market, 8% US Overnight Call rate - in Rands.

The fund is managed conservatively with an emphasis on capital preservation.  The strategy is to blend the asset allocation with our macro views while taking advantage of irrational pricing across all markets and to select the best funds to enhance our views.