Fund Details
Name of fund
Allan Gray Umbrella Retirement Fund
Date Started
May 17, 2017
Financial year end
31 March
Head Office
1 Silo Square, V&A Waterfront, Cape Town, 8001, South Africa
Fund Sponsor
Allan Gray Proprietary Limited
Administrator
Allan Gray Investment Services Proprietary Limited
Constitution of Board of Trustees
There are 6 Trustees:
- 3 Independent
- 3 Sponsor appointed
- 3 Independent
- 3 Sponsor appointed
Name of Principal Officer
Deon van Eeden
Number of participating employers
445
Number of members
25065
Value of total assets
R9.3bn
Default investment strategy
The Allan Gray Umbrella Retirement Fund offers two trustee-approved default investment strategies:
- Allan Gray default investment strategy
- Multi-manager default investment strategy
The default investment strategies are designed to automatically transition employees’ retirement savings into portfolios that are appropriate for the number of years they have until they reach retirement (their investment horizon). This is called “life-staging”. Please refer to Allan Gray’s website for more information regarding the Fund’s life-staging feature.
- Allan Gray default investment strategy
- Multi-manager default investment strategy
The default investment strategies are designed to automatically transition employees’ retirement savings into portfolios that are appropriate for the number of years they have until they reach retirement (their investment horizon). This is called “life-staging”. Please refer to Allan Gray’s website for more information regarding the Fund’s life-staging feature.
List of investment portfolios
Allan Gray Balanced Portfolio
Allan Gray Stable Portfolio
Allan Gray Money Market Fund
27four Shari’ah Wealth Builder Fund
Camissa Balanced Fund (Class C)
Camissa Islamic Balanced Fund (Class B)
Coronation Global Absolute Portfolio
Coronation Global Houseview Portfolio
Coronation Inflation Plus Portfolio
Foord Balanced Fund (Class B3)
Foord Conservative Fund (Class B3)
M&G Balanced Fund
Nedgroup Investments Core Accelerated Fund (Class B2) (Passive)
Nedgroup Investments Core Diversified Fund (Class B2) (Passive)
Nedgroup Investments Core Guarded Fund (Class B2) (Passive)
Ninety-One Opportunity Fund (Class E)
Allan Gray Stable Portfolio
Allan Gray Money Market Fund
27four Shari’ah Wealth Builder Fund
Camissa Balanced Fund (Class C)
Camissa Islamic Balanced Fund (Class B)
Coronation Global Absolute Portfolio
Coronation Global Houseview Portfolio
Coronation Inflation Plus Portfolio
Foord Balanced Fund (Class B3)
Foord Conservative Fund (Class B3)
M&G Balanced Fund
Nedgroup Investments Core Accelerated Fund (Class B2) (Passive)
Nedgroup Investments Core Diversified Fund (Class B2) (Passive)
Nedgroup Investments Core Guarded Fund (Class B2) (Passive)
Ninety-One Opportunity Fund (Class E)
List of insurers available
Approved Risk:
The Fund has been issued with an insurance policy, based on a master policy, by four insurance companies, namely Old Mutual, Sanlam, Hollard and Capital Alliance. The Fund also has separate policies with Momentum and Discovery.
Unapproved risk:
Employers are also able to choose unapproved risk policies with any insurer.
Allan Gray offers payment conduit services for unapproved risk benefits, creating a seamless process for the employer, which simplifies their payroll administration at no cos
The Fund has been issued with an insurance policy, based on a master policy, by four insurance companies, namely Old Mutual, Sanlam, Hollard and Capital Alliance. The Fund also has separate policies with Momentum and Discovery.
Unapproved risk:
Employers are also able to choose unapproved risk policies with any insurer.
Allan Gray offers payment conduit services for unapproved risk benefits, creating a seamless process for the employer, which simplifies their payroll administration at no cos
Can a participating employer use an external consultant at no additional fees?
Yes
Contact No
0860 000 870