Our Global Fund of Funds strategy offers investors a selection of curated, best in class global managers. The strategy has the flexibility to adjust equity exposure depending on valuation levels.
The objective of the Flagship IP Worldwide Flexible Fund of Funds is to deliver long term capital growth by investing in a focused portfolio of stringently selected global equity fund managers. Investments, on a see-through basis, will be diversified across geographic regions, in both developed and emerging markets, and diversifies single manager and single style risk associated with investing through one asset manager only.
The fund may invest across all asset classes, but, through the cycle, equity exposure will be maintained at around 80%, with the objective to outperform the MSCI World Index (in rands) over the long term (5 years). Our formal benchmark is CPI +5% and the fund is classified in the Worldwide – Multi Asset – Flexible sector.
|R100 000 invested in April 2003 would be R 1,036,210 on 18 November 2022.|
as of October 2022
|Since inception (annualised)||12.8%||10.5%||2.3%|
|10 years (annualised)||11.8%||10.5%||1.4%|
|7 years (annualised)||5.6%||10.3%||-4.7%|
|5 years (annualised)||6.0%||10.0%||-3.1%|
|3 years (annualised)||7.1%||10.1%||-3.1%|
*Performance is net of fees
|A Class||B Class||C Class*|
|Fund Management Fee (excl. VAT)||1.50%||0.85%||0.70%|
*performance fee class
|Fund Type||Unit Trust|
|Fund Domicile||South Africa|
|Fund Managers||Flagship Global Investment Team|
|Minimum Initial Investment||R5,000|
|Platforms||Glacier, Momentum, Old Mutual Wealth|