Our Domestic Specialist mandates offer investors two entry points: a Regulation 28 compliant Balanced Fund and a Flexible Value Fund that employs a deep value approach to equities. The Flexible Value Fund offers an actively managed strategy for long-term investors seeking a differentiated perspective.
Fund Objective
The Flagship BCI Flexible Value Fund aims to outperform both the JSE All Share Index and competing funds over the medium to long term. We rely on fundamental research to identify investments which are trading at a discount to their intrinsic value and to determine which asset classes are the most attractive. The fund will typically have a very different equity profile from that of the All Share Index. Risk is reduced through the fund’s value oriented approach.
Cumulative return over 20 years:
956% |
R100 000 invested in May 2005 would be R1,056,539 on 31 October 2025. |
Cumulative Returns Graph
Performance*as of October 2025 |
Fund | CPI +5% | Outperformance |
| Since inception (annualised) | 12.2% | 10.8% | 1.4% |
| 10 years (annualised) | 10.6% | 10.1% | 0.5% |
| 7 years (annualised) | 12.0% | 9.8% | 2.2% |
| 5 years (annualised) | 26.4% | 10.2% | 16.2% |
| 3 years (annualised) | 15.4% | 9.5% | 5.9% |
| 1 year | 15.9% | 8.7% | 7.2% |
| Year-to-date | 10.2% | 7.9% | 2.3% |
*Performance is net of fee
FEES |
A Class* |
| Fund Management Fee (excl. VAT) | 1.25% |
*performance fee class
741%
CUMULATIVE PERFORMANCE OVER 19 YEARS
R100 000 invested in October 2001 would be R841 892 in September 2020.
Fund Details
| Fund Type | Unit Trust |
| ISIN | ZAE000159877 |
| Launch Date | 04 May 2005 |
| Fund Size | R540m |
| Dealing | Daily |
| Fund Classification | South African Multi Asset Flexible |
| Fund Domicile | South Africa |
| NAV (31/10/2025) | 8,501.5cents |
| Portfolio Manager | Niall Brown |
| Benchmark | CPI +5% |
| Regulation 28 | No |
| Initial Charge | 0% |
| Minimum Initial Investment | R100,000 |
| Platforms | Glacier, Momentum, Old Mutual Wealth |
Invest with us
Investing with Flagship Asset Management is a simple process. You can download the investment form or fill it out online. If at any stage in the process you are uncertain, please call us on +27(0)21 794 3140.
Fund Objective
The objective of the Flagship BCI Balanced Fund is to seek steady growth of both capital and income through investments in a broad range of asset classes in a balanced manner. This Regulation 28 managed fund is classified as South African – Multi Asset – High Equity and aims to maximize returns over the medium to long term utilising flexible asset allocation strategies taking active decisions in accordance with current and projected economic and market conditions. The fund invests in equities, bonds, property and money market and is restricted to maximum limits in accordance with prudential regulations which, inter alia, provide that equity, held both locally and abroad, will not exceed 75% of the fund and offshore investment is restricted to 45% of the fund. Out-performance is targeted through aggressive asset allocation and focused stock selection based on in-house proprietary models and extensive internal and external research. The portfolio uses financial instruments only to the extent permitted by legislation.
Cumulative return over 15 years:
201% |
R100 000 invested in April 2010 would be R301,421 on 31 October 2025. |
Cumulative Returns Graph
Performance*as of October 2025 |
Fund | Benchmark | Outperformance |
| Since inception (annualised) | 7.4% | 7.6% | -0.2% |
| 10 years (annualised) | 6.0% | 5.9% | 0.1% |
| 7 years (annualised) | 9.6% | 8.0% | 1.6% |
| 5 years (annualised) | 9.9% | 12.2% | -2.2% |
| 3 years (annualised) | 13.7% | 12.6% | 1.1% |
| 1 year | 21.0% | 18.1% | 2.9% |
| Year-to-date | 19.0% | 15.3% | 3.7% |
*Performance is net of fees
FEES |
A Class | B Class | C Class |
| Fund Management Fee (excl. VAT) | 1.75% | 1.00% | 0.75% |
39%
CUMULATIVE PERFORMANCE OVER 19 YEARS
R100 000 invested in July 2010 would be R139 883 in July 2020.
Fund Details
| Fund Type | Unit Trust |
| ISIN | ZAE000159901 |
| Launch Date | 19 April 2010 |
| Fund Size | R261m |
| Dealing | Daily |
| Fund Classification | South African Multi Asset High Equity |
| Fund Domicile | South Africa |
| NAV (31/10/2025) | 368.8cents |
| Portfolio Manager | Paul Floquet |
| Benchmark | ASISA SA Multi Asset High Equity Category Average |
| Regulation 28 | Yes |
| Initial Charge | 0% |
| Minimum Initial Investment | R5,000 |
| Platforms | Glacier, Momentum, Old Mutual Wealth |
Invest with us
Investing with Flagship Asset Management is a simple process. You can download the investment form or fill it out online. If at any stage in the process you are uncertain, please call us on +27(0)21 794 3140.
