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Ashburton Targeted Return Fund | South African–Multi Asset–Low Equity
Reg Compliant
1.6501    -0.0067    (-0.403%)
NAV price (ZAR) Thu 12 Mar 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 172 Rand-denominated South African--Multi Asset--Low Equity funds over the last three years (needle right indicates above average performance)
Performance
<i><b>  Size</b></i><hr/>This gauge shows the size of the fund against all Rand-denominated retail funds (needle right indicates a large fund, needle left a small fund)
Size
<i><b>  Diversification</b></i><hr/>This gauge shows the level of diversification relative to other funds in the same second-tier (multi asset) category (needle right indicates a well-diversified fund)
Diversification
<i><b>  Risk</b></i><hr/>This gauge shows the fund's level of historical risk relative to other funds in the South African--Multi Asset--Low Equity sector based on 3-year volatility (needle right indicates lower risk within the sector)
Risk
Fund Performance
NAV and TRI Performance
  TRI
  NAV
   3 Months 6 Months 1 Year 3 Years 5 Years
Period    Return %Growth of R1 000
chart
* Not annualised
Key Facts and Fund Objective
Key Facts
Formation Date 30 Apr 2012
Fund Size (ZAR) 2 469 708 138
Latest Price 1.65
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (31/12) 1.00%
Minimum InvestmentR5 000
TTM Distribution Yield 4.21%
Fund Objective
The Ashburton Targeted Return fund is a cautious, low equity fund. Its primary objective is to beat South African Consumer Price Inflation (CPI) + 3,5% over a rolling 3 year period. The fund aims to achieve its mandate taking risk exposure into account and utilising diversified exposures, generating capital and income growth through a combination of actively managed assets and asset allocation decisions. The fund combines exposure into many different liquid asset classes, including equities, Vanilla bonds, Inflation Linked bonds, Corporate bonds (credit),property, preference shares and money market assets. The fund utilises exposure in offshore assets....Read more
Asset Classes and Holdings
Asset Classes
 SA Equities20.11%  
 Foreign Equities6.43%  
 SA Bonds57.08%  
 Foreign Bonds9.87%  
 SA Property4.04%  
 Foreign Property1.83%  
 SA Cash0.00%  
 Foreign Cash0.64%  
Top Holdings as at 31 Dec 2025
SecurityUnitsValue (Rm)% of Fund
ASEFZ 19 814 231 248.5810.21%
R2037 214 509 000 215.888.87%
ASMMFZ 199 468 656 200.748.25%
R2032 190 180 000 200.108.22%
I2033 140 500 000 199.118.18%
FOREIGNBO 0 184.947.60%
ASSIFB 176 228 512 170.987.02%
ASHPFZ 167 134 731 168.746.93%
BONDS 0 146.796.03%
R2040 101 710 000 102.984.23%
Totals  1 838.8375.53%
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