Allan Gray-Orbis Global Fund Of Funds

Fund Overview

Risk Profile

Low Medium High


The Allan Gray-Orbis Global Fund Of Funds aims to create long-term wealth for investors without exceeding a maximum net equity exposure limit of 75%. It aims to outperform the average return of funds subject to similar constraints without taking on more than their average risk. The Fund’s benchmark is a portfolio made up 60% by the FTSE World Index, including income, and 40% the JP Morgan Global Government Bond index.

Investor Profile

  • Seek long-term capital growth from a diversified international equity portfolio without being fully exposed to stock market risk
  • Wish to invest in international assets without having to personally expatriate rands
  • Are comfortable with taking on some risk of market and currency fluctuation and potential capital loss, but typically less than that of an equity fund
  • Typically have an investment horizon of more than five years
  • Wish to use the Fund as a foreign medium equity ‘building block’ in a diversified multi-asset class portfolio

Offshore Exposure:


Inception Date:

3 February 2004

Fund Code:


Fund Manager(s):

Ian Liddle
(The underlying Orbis Funds are managed by Orbis)
Allan Gray

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The Ninety One Managed Fund aims to provide investors with stable growth of capital over the long term. The objective is to achieve returns well in excess of the fund’s peer group average, measured over three to five year periods.