Fund Summary
The 10X Defensive Fund is suitable for investors seeking a steady level of income together with capital growth at low volatility over the medium term that is achieved with cost-effective exposure to a range of local and international asset classes. The portfolio has a higher allocation to defensive assets (bonds and cash) than to growth assets(shares and property). The recommended time horizon is 1-3 years and longer as returns may be volatile over periods shorter than 1 year.
Benefits to Investors
Diversification
Diversified across multiple asset classes
Offshore Exposure
The fund is invested across multiple global markets through equity, property and bond allocations
Unit Trust Details
| Current price / NAV | R 130.18 |
| Fund size | R 2 096 869 935.71 |
General Fund Details
| Classification | South African - Multi-Asset - Low Equity |
| Benchmark | ASISA South African - Multi-Asset - Low Equity Category (return target CPI+3.5%) |
| Distribution dates | March, June, September, December |
| Asset manager | 10X Investments (Pty) Ltd |
| Trustee | FirstRand Bank Limited |
| Auditor | PricewaterhouseCoopers Incorporated |
| Risk profile | Conservative (2/5) |