Fund View: Discovery Funds Overview

 

Here’s a snapshot of our Balanced Fund range performance. We include fund strategy and performance over one, three and five years.

Fund name

Discovery Cautious Balanced Fund

Fund strategy

The fund aims to generate income and capital growth over the short to medium term by following a standalone multi-asset strategy with some offshore exposure.

Fund manager

Chris Freund, Investec Asset Management

Launch date

Launched 7 March 2011

Who should invest

Investors with a low-risk profile looking for exposure to a diversified mix of asset classes, with an emphasis on capital protection.

Risk profile

Low to moderate

Benchmark

Peer group average of the South African Multi-Asset Low Equity sector

Historical performance

Fund

Benchmark

Quartile ranking

One year

4.11%

2.93%

2

Three years

7.13%

6.39%

2

Five years

9.35%

8.86%

2

Since inception

8.60%

8.58%

2

Performance figures as at 31 May 2017. Data is sourced from Profile Data, Morningstar and Investec Asset Management. Figures are shown net of fund management fees and are annualised.

Fund name

Discovery Moderate Balanced Fund

Fund strategy

The fund aims to provide steady income and capital growth from an actively managed portfolio diversified by major asset classes, at a lower level of volatility than the typical equity or balanced fund. The investment process is based on a balanced research process, with equity exposure moderated to reduce the risk of capital loss during unfavourable market conditions.

Fund manager

Chris Freund, Investec Asset Management

Launch date

Launched 1 August 2012

Who should invest

Investors looking to access a diversified mix of asset classes to achieve moderate returns with reduced levels of volatility.

Risk profile

Low to moderate

Benchmark

Peer group average of the ASISA Multi-Asset Medium Equity sector

Historical performance

Fund

Benchmark

Quartile ranking

One year

3.28%

1.36%

1

Three years

7.64%

5.74%

1

Five years

-

-

-

Since inception

10.94%

9.35%

1

Performance figures as at 31 May 2017. Data is sourced from Profile Data, Morningstar and Investec Asset Management. Figures are shown net of fund management fees and are annualised.

Fund name

Discovery Balanced Fund

Fund strategy

The fund invests in a balanced range of diversified instruments. It aims to produce steady, stable income and capital growth using a standalone multi-asset strategy with prudent offshore exposure.

Fund manager

Chris Freund, Investec Asset Management

Launch date

Launched 5 November 2007

Who should invest

Investors looking to access a diversified mix of asset classes, and steady, stable growth over the long term.

Risk profile

Moderate

Benchmark

Peer group average of the South African Multi-Asset High Equity sector

Historical performance

Fund

Benchmark

Quartile ranking

One year

1.67%

0.58%

2

Three years

8.04%

5.55%

1

Five years

12.38%

10.58%

1

Since inception

9.92%

7.84%

1

Performance figures as at 31 May 2017. Data is sourced from Profile Data, Morningstar and Investec Asset Management. Figures are shown net of fund management fees and are annualised.

Nothing contained in this article should be construed as financial advice and is meant for information purposes only.

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