GRYPHON FLEXIBLE FUND OF FUNDS
The primary objective of the fund is to generate real (after inflation) wealth for investors at lowest possible cost, with due cognizance of risk and, in particular, secular downside risk. This is achieved by consistently producing real returns and long-term capital growth through maximum exposure to equities (the asset class of choice over the long-term to protect investors against inflation) during bull markets, while minimising exposure to equities in secular bear markets.
WHO SHOULD INVEST IN THIS FUND
Investors who have a medium- to long-term investment horizon and require returns in excess of inflation
Investors lacking the time, infrastructure or resources and/or investment sophistication to select and subsequently monitor the performance of the various asset classes and/or individual stocks and/or individual manager selection
Investors cognizant of the effects of costs on their returns
Investors of all ages as it maximises return per unit of risk throughout their various life stages
Investors seeking style diversification - the unique way in which the fund is managed, differs significantly from its peers
The Gryphon Flexible Fund of Funds is a moderate/high-risk investment product.
Premised on the philosophy that most value is added by asset allocation as opposed to stock selection
Stock selection is indexed, and asset allocation is actively and aggressively managed
Coupled with a low-cost focus, this fund aims to achieve superior investment returns through the utilisation of indexed building blocks
The fund invests in a combination of Gryphon’s All-Share Tracker Fund, Money Market Fund, Global Equity Fund as well as offshore cash and bond/property indexed products
Funds are allocated based on proprietary quantitative indicators that predict the primary bull/bear market cycles in equities and the South African Rand
Short-term volatility and secondary market cycles are generally disregarded as they are less predictable, being driven mainly by emotion (fear and greed); their effect on returns is relatively short-lived
The fund can invest up to 100% in equities
Maximum foreign exposure limits as permitted by prevailing legislation (currently 30%)
Multi-asset funds are inclined to be more tax efficient
Portfolio Managers: Abri Du Plessis & Reuben Beelders
Benchmark: CPI + 7%
Fees (Incl. VAT):
Annual Management Fee Fund B | 0.34%
Minimum lump sum | R2,000
Minimum debit order | R200 p.m.