INVESTMENT PROFESSIONALS

 

Local Balanced

The Reg. 28 Fund with a 90%+ Rand hedge™

With a 7+ year track record and broad awareness of its distinct strategy pioneered by High Street, this Fund is widely available across major retail and institutional platforms.

 

Referred to as the ‘Reg. 28 Fund with a 90%+ Rand hedge’, it provides previously unobtainable offshore exposure for mandatory retirement investments. Its comparitively low correlation to peers offers unique diversification benefits and can reduce drawdowns when included in a portfolio with other local balanced funds.

 

The Fund has a history of strong performance and consistently features in top quartile rankings, over rolling 5-year periods.* It is of particular interest to investors and advisers seeking strong alpha generation during periods of Rand weakness.

Risk Profile

Moderate to Aggressive

Target Rate of Return

SA CPI +5% p.a over any rolling 5 year period

Recommended Period

5 Years

Source: Bloomberg, 31/05/2026

Notes: The investment performance is for illustrative purposes only. Performance relates to the retail fee class. The investment performance is calculated by taking the actual initial fees and all ongoing fees into account for the amount shown and income is reinvested on the reinvestment date.

The Fund has outperformed since inception despite the Rand weakening by less than its long-term average. Importantly, as per its mandate, it has generated strong alpha for clients during bouts of significant Rand weakness.
ROSS BECKLEY, CFA
FUND MANAGER
Ross
LB Formula Mobile

INVESTOR SUITABILITY

The Fund is suitable for retail and institutional investors seeking maximum offshore exposure, within the bounds of Regulation 28. It is appropriate as an independent investment or as a portfollio diversifier. A holding period of 5 years or longer is recommended.

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Retirement savers

Retirement savers wanting to diversify local savings and mitigate emerging market risk: Pension & Provident Funds, Retirement Annuities & Tax-Free Savings Accounts

Emigration

Individuals planning to emigrate and aiming to benchmark their retirement savings to offshore markets

Discretionary investors

Discretionary investors wanting a balanced fund with high equity exposure

Platform Availability

Available directly through Prescient Fund Services (for those not using an advisor) or on the following:

  • ABSA
  • Allan Gray
  • EasyEquities
  • Glacier Local
  • Momentum FundsAtWork
  • Momentum Wealth
  • Ninety One
  • PPS Investments
  • Sanlam Umbrella Fund
  • Stanlib INN8
  • Sygnia
  • Wealthport

*Reference: Citywire on 31 December 2025. Past performance is not necessarily a guide for future performance.
Source: ProfileData as at 31 April 2026 – updated annually.
* The four largest peers are the 4 largest funds within the South Africa – Multi Asset – High Equity category.

The South African investment industry is highly competitive with fund managers consistently expressing their differentiators. We believe evidence is best represented in the numbers, rather than the narrative. Notably, differentiation is only a part of the solution. Our focus is on continuing to deliver superior returns for our clients.

CHRISTOPHER BROWNLEE, CFA, CAIA, HEAD OF RESEARCH

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