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Abax Absolute Prescient Fund B1 (0P0000NPIY)

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1.883 +0.010    +0.34%
24/12 - Closed. Currency in ZAR
Type:  Fund
Market:  South Africa
Issuer:  Prescient Management Co
ISIN:  ZAE000144283 
Asset Class:  Other
  • Morningstar Rating:
  • Total Assets: 9.91B
Abax Absolute Prescient Fund B1 1.883 +0.010 +0.34%

Abax Absolute Prescient Fund B1 Overview

 
On this page you'll find an in-depth profile of Abax Absolute Prescient Fund B1. Learn about the key management, total assets, investment strategy and contact information of 0P0000NPIY among other information.
Category

ZAR/NAD Cautious Allocation

Total Assets

9.91B

Expenses

0.63%

Inception Date

Jan 29, 2010

Investment Strategy

The Abax Absolute Return Prescient Fund seeks to follow an investment policy which will secure for investors a combination of investments in equity, bond, money and property markets. The portfolio will seek to protect capital over a rolling 12 month period and at the same time capture as much of the upside of the equity and fixed income markets as possible. The portfolio will predominately invest in South African markets, but is however permitted to investments in offshore jurisdictions subject to the conditions determined by the Registrar from time to time. The effective equity exposure will be between 0%-75%. The portfolio will be subject to the Prudential Investment Guidelines for South African Retirement Funds, being Regulation 28 of the Pension Funds Act, or such other Legislation published from time to time. The portfolio may also include participatory interests or any other form of participation in portfolios of collective investment schemes or other similar schemes.

Contact Information

Address 1 Oakdale Road, Newlands, 7700, Cape Town,
Cape Town,
South Africa
Phone -

Top Executives

Name Title Since Until
Philip Liebenberg Head 2017 Now
Biography Philip is Head of Absolute Returns and also responsible for the flexible income portfolios which include the SIM Active Income fund. Prior to joining SIM, Philip worked as a quants analyst at Riscura and as portfolio manager at Kagiso Asset Management. Philip joined SIM in 2005 and is a member of the Asset Allocation group. Philip was a production Engineer at Billiton before joining the financial services industry in 1999.
Steve Minnaar - 2016 Now
Wallie van der Walt - 2016 Now
Biography Wallie joined Abax in 2011 as an investment manager. He previously worked as a derivative specialist and investment manager at Sanlam Investment Management, which he joined in 1999. Before Sanlam, Wallie worked at Nedcor Securities as an equity derivatives trader for 3 years. Wallie has 18 years of investment experience.
Rashaad Tayob Portfolio Manager 2010 Now
Biography Rashaad Tayob [B.Bus.Sci (Hons), CFA] joined Abax as a portfolio manager in 2012. Prior to Abax, Rashaad was a director and portfolio manager at Aeon Investment Management. From 2002 to 2009 he was a portfolio manager at Prescient Investment Management. Rashaad has 15 years of investment experience.
Asief Mohamed CIO (Chief Investment Officer) 2010 2012
Biography Asief is a director and Chief Invesment Officer of Aeon Investment Management. He has 20 years investment experience, having previously been CIO at Metropolitan Asset Managers. In his capacity of CIO of Metropolitan Asset Managers oversaw the portfolio implementation process and risk management thereof on R10bn worth of fixed income portfolios.
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