Fund Details
Name of fund
Alexforbes One
Date Started
August 1, 1997
Financial year end
TBA
Head Office
Sandton
Fund Sponsor
Alexforbes
Administrator
Alexander Forbes Financial Services
Constitution of Board of Trustees
Our Board of Trustees consists of 6 Trustees, with 3 of the Trustees being independent.
Name of Principal Officer
Ms. Nomonde Zwane
Number of participating employers
2054
Number of members
473734
Value of total assets
R169,680,519,117.02
Default investment strategy
The Alexander Forbes Goals-Based LifeStage Model:
The Alexander Forbes Goals-based LifeStage model tries to give you certainty about the amount of pension that you can expect at retirement.
The first stage in the LifeStage investment strategy focuses on growing the savings for retirement when you have a long time to retirement and can take more investment risk to potentially increase the investment return. (We utilize the AF High Growth, AF Balanced High Growth or AF Passive Bold portfolios)
The second stage focuses on preparing for retirement. The goals-based investment strategy focuses on delivering the pension you were expecting with a higher chance of success.
When a member reaches 5 years prior to the Normal Retirement Age, the member will be switched into our income targeting portfolio/s.
The income targeting portfolios are aligned with post-retirement solutions.
The AF Houseview Income target portfolio is aligned to a with-profit annuity.
The AF Inflation Target portfolio is aligned to an inflation-linked annuity.
The AF Flexible Income target portfolio is aligned to a Living Annuity.
The money switches from the high-growth portfolio to the appropriate targeting portfolio every three months for three years. In the last two years before normal retirement age, all of the money stays invested in the income / annuity targeting portfolio.
The Alexander Forbes Goals-based LifeStage model tries to give you certainty about the amount of pension that you can expect at retirement.
The first stage in the LifeStage investment strategy focuses on growing the savings for retirement when you have a long time to retirement and can take more investment risk to potentially increase the investment return. (We utilize the AF High Growth, AF Balanced High Growth or AF Passive Bold portfolios)
The second stage focuses on preparing for retirement. The goals-based investment strategy focuses on delivering the pension you were expecting with a higher chance of success.
When a member reaches 5 years prior to the Normal Retirement Age, the member will be switched into our income targeting portfolio/s.
The income targeting portfolios are aligned with post-retirement solutions.
The AF Houseview Income target portfolio is aligned to a with-profit annuity.
The AF Inflation Target portfolio is aligned to an inflation-linked annuity.
The AF Flexible Income target portfolio is aligned to a Living Annuity.
The money switches from the high-growth portfolio to the appropriate targeting portfolio every three months for three years. In the last two years before normal retirement age, all of the money stays invested in the income / annuity targeting portfolio.
List of investment portfolios
The three default investment strategies consist of the following investment portfolios:
Growth portfolios: AF Balanced High Growth, AF High Growth, AF Passive Bold
Income targeting portfolios: AF Houseview Income Target portfolio, AF Passive Houseview Income Target portfolio, AF Flexible Income Target Portfolio, AF Inflation Income Target
Portfolio.
Members have the option of 24 Member Investment Choice (MIC) portfolios, while . Manco's can choose from 22 to put together their own default strategy.
Growth portfolios: AF Balanced High Growth, AF High Growth, AF Passive Bold
Income targeting portfolios: AF Houseview Income Target portfolio, AF Passive Houseview Income Target portfolio, AF Flexible Income Target Portfolio, AF Inflation Income Target
Portfolio.
Members have the option of 24 Member Investment Choice (MIC) portfolios, while . Manco's can choose from 22 to put together their own default strategy.
List of insurers available
Capital Alliance
Discovery
Fedgroup
Guardrisk
Hollard
Key Risk
Liberty
Momentum
RMA
Sanlam
TSA
For approved schemes, we are happy to work with most approved South-African insurers.
Discovery
Fedgroup
Guardrisk
Hollard
Key Risk
Liberty
Momentum
RMA
Sanlam
TSA
For approved schemes, we are happy to work with most approved South-African insurers.
Can a participating employer use an external consultant at no additional fees?
Yes
Contact No
0860 60 61 62