GRYPHON PRUDENTIAL FUND OF FUNDS
FUND PROFILE
The primary objective of the fund is to generate real (after inflation) wealth for investors at lowest possible cost, with due cognisance 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. The portfolio complies with the statutory investment limits set for retirement funds (Regulation 28).
WHO SHOULD INVEST IN THIS FUND
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Investors who have a medium to long-term investment horizon and require returns in excess of inflation
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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
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Investors cognisant of the effects of costs on their returns
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Investors of all ages as it maximises return per unit of risk throughout their various life stages
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Investors seeking style diversification - the unique way in which the fund is managed, differs significantly from its peers
INVESTMENT TERM
RISK
The Gryphon Prudential Fund of Funds is a medium-risk investment product.
KEY FEATURES
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Premised on the philosophy that most value is added by asset allocation as opposed to stock selection
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Stock selection is indexed, and asset allocation is actively and aggressively managed
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Coupled with a low-cost focus, this fund aims to achieve superior investment returns through the utilisation of indexed building blocks
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The fund invests in a combination of Gryphon’s All-Share Tracker Fund, Money Market Fund, Global Equity Fund as well as off-shore cash and bond/property indexed products
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Funds are allocated based on proprietary quantitative indicators that predict the primary bull/bear market cycles in equities and the South African Rand
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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
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The fund can invest up to 75% in equities
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Maximum foreign exposure limits as permitted by prevailing legislation (currently 30%)
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Multi-asset funds are inclined to be more tax efficient
FUND DETAILS
Portfolio Managers | Abri Du Plessis & Reuben Beelders
Benchmark | CPI + 5%
Fees (Incl. VAT) | Initial 0%
Annual Management Fee Fund B | 0.34%
Minimum lump sum | R2,000
Minimum debit order | R200 p.m.