LAURIUM FLEXIBLE PRESCIENT FUND

As of 31 December 2023

Fund Details

The Laurium Flexible Prescient Fund is suitable for investors looking for long-term capital growth with less volatility than investing purely in listed equity markets.

The Fund aims to achieve a return of at least 5% above CPI per annum (p.a.), measured over rolling 3-year periods. It also aims to outperform the South African equity market at lower levels of volatility, net of fees. The Fund invests in a diversified range of local and foreign asset classes.

These asset classes include a flexible combination of investments in the listed equity, fixed interest, bond, money, and property markets.

Invest Now Download Factsheet
*Minimum Disclosure Document PDF

Fund Facts

Benchmark
CPI +5%
Risk Profile
Moderate-Aggressive
Fund Classification
South African Multi-Asset-Flexible
Fund Inception Date
01 February 2013
Fund size
R2.5 bn

Fund Performance (net of fees)

As of 31 December 2023
Loading...

Growth of R100 investment at inception

As of 31 December 2023
Loading...

Risk-return scatter-plot

As of 31 December 2023
Loading...
CAGR
Compound annual growth rate
Standard Deviation
Measures the absolute variability of a distribution; the higher the dispersion or variability, the greater is the standard deviation and greater will be the magnitude of the deviation of the value from their mean.
Cash (STeFI)
The STeFI (Alexander Forbes Short Term Fixed Interest Index) is a recognised benchmark of the returns earned in the South African money market.
Inflation (CPI)
The monthly change in the SA consumer price index (CPI)
Equity (JALSH TR)
JSE FTSE ALL SHARE INDEX

Top 10 Fund Holdings (% of fund)

As of 31 December 2023
  • Prosus NV
    8.3%
  • Ishares Russell 1000 Value
    5.9%
  • Absa Group
    5.0%
  • Firstrand Ltd
    4.0%
  • Anglogold Ashanti Plc
    3.7%
  • Anglo American
    3.6%
  • Laurium Global Act Eq-LGAE7
    3.5%
  • British American Tobacco
    3.5%
  • Nedbank Group Ltd
    3.2%
  • Sasol
    3.0%

Asset Allocation

As of 31 December 2023
Loading...
  • SA Equity
    53.3%
  • SA Fixed Income
    16.5%
  • Foreign Equity
    13.7%
  • Foreign Fixed Income
    7.1%
  • SA Cash
    4.4%
  • SA Preferred Equity
    2.9%
  • Foreign Cash
    0.5%
  • Foreign Preferred Equity
    0.0%