Prosperity WW Flexible Fund of Funds in top quartile
We are proud to present the first successful year of our Prosperity WW Flexible Fund of Funds.
- 10.1% annual return (after management fees)
- Top 1/4 performance of all unit trusts reported by Morningstar in South Africa (over 800 funds)
- 13 out of 31 in ASISA World Wide Flexible category
- R178 million investment inflows since inception, 19th September 2014
The Fund’s core emphasis in the first year has been on the capital preservation of client funds with a secondary aim to beat inflation by 4% in what we expected was going to be difficult in volatile financial markets.
The Prosperity Fund achieved a very credible 10.1% net return beating inflation handsomely whilst financial markets did prove to be very volatile as we predicted.
The JSE All Share Index returned only 3.2% and the MSCI world equity index declined -8.7% over the same time frame.
In this current, uncertain financial environment, the Fund’s objective is to continue to maintain a capital preservation bias and to again target a plus 10% annual return as we believe the volatility of global financial markets will persist for at least another year and thus a conservative stance is necessary.
The current investment strategy is to take advantage of mis-priced asset classes and irrational market movements. This strategy has resulted in steady incremental gains in a volatile market driven by massive uncertainty.
We expect to have another good year of double-digit positive returns whilst protecting your capital against downside risk with further outperformance above the average industry unit trust returns.
View the latest Prosperity WW Flexible Fund of Funds Fact Sheet
Talk to one of our advisors today to invest in this fund.
