Transcription of Sanlam Select Absolute Fund
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Fees (Incl. VAT)LISP-class (%)Advice initial fee (max.) initial fee (max.) annual fee (max.) annual fee (max.) Expense Ratio (TER) is a flexible asset allocation fund which aims to deliver positive real returns by targeting CPI+5% over a rolling 3 year period whilst actively managing downside risk and minimising risk of capital loss over the medium term. The fund is managed in accordance with Reg. 28 ObjectiveThe fund invests in a combination of equities, money market instruments; nominal and inflation linked bonds and listed property as well as international equities and fixed interest investments.
The market malaise intensified in May amid the confluence of a spike in US yields, higher oil price, weak activity data, geopolitics, and emerging market (EM) crises.
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