Fund Details
Name of fund
Discovery Life Pension and Provident Umbrella Funds
Date Started
May 1, 2018
Financial year end
End June
Head Office
1 Discovery Place, Sandton
Fund Sponsor
N/A
Administrator
Discovery life
Constitution of Board of Trustees
There are six trustees. Three of which are independent
Name of Principal Officer
Wayne Hiller van Rensburg
Number of participating employers
500
Number of members
active: 73 550, default paid-up: 12 336; preserved: 403
Value of total assets
AUM: R20 824 036 872
Default investment strategy
Discovery Multi Balanced Fund
The Discovery Multi Balanced Fund is a balanced portfolio built for a new-age of offshore diversification, with long-term outperformance and industry-beating consistency of returns. It blends the expertise of top-tier managers — including Ninety One, Abax, Laurium, M&G, and 10x — across multiple investment styles like earnings revisions, value, quality, active indexation and boutique value. With no performance fees, exceptional long-term returns and style diversification that smooths out market noise, it’s a smart solution for retirement investing.
The Discovery Multi Balanced Fund is a balanced portfolio built for a new-age of offshore diversification, with long-term outperformance and industry-beating consistency of returns. It blends the expertise of top-tier managers — including Ninety One, Abax, Laurium, M&G, and 10x — across multiple investment styles like earnings revisions, value, quality, active indexation and boutique value. With no performance fees, exceptional long-term returns and style diversification that smooths out market noise, it’s a smart solution for retirement investing.
List of investment portfolios
Internal Funds:
-Discovery Multi Balanced Fund
-Discovery Cautious Multi Balanced Fund
-Discovery Life Balanced Fund
-Discovery Life Moderate Balanced Fund
-Discovery Life Cautious Balanced Fund
-Discovery Multi Specialist Balanced Fund
-Discovery Multi Specialist Moderate Balanced Fund
-Discovery Multi Specialist Cautious Balanced Fund
-Discovery Life Target Retirement 2020 Fund
-Discovery Life Target Retirement 2025 Fund
-Discovery Life Target Retirement 2030 Fund
-Discovery Life Target Retirement 2035 Fund
-Discovery Life Target Retirement 2040 Fund
-Discovery Life Target Retirement 2045 Fund
-Discovery Life Target Retirement 2050 Fund
-Discovery Life Target Retirement 2055 Fund
-Discovery Life Target Retirement 2060 Fund
-Cogence Discovery Balanced DAO Fund of Funds
-Cogence Discovery Moderate DAO Fund of Funds
- Cogence Discovery Cautious DAO Fund of Funds
-Discovery Life Diversified Income Fund
-Discovery Life Money Market Fund FN
Life-Wrapped Funds:
-AF Passive Bold Portfolio
-AF Passive Moderate Portfolio
-AF Passive Cautious Portfolio
-AF Passive Explorer Portfolio
-Discovery Life Sygnia Skeleton Balanced 40 Fund
-Discovery Life Sygnia Skeleton Balanced 70 Fund
-Camissa Islamic Balanced Fund (Life)
-Camissa Islamic High Yield Fund (Life)
External Funds:
-Allan Gray Balanced Fund
-Allan Gray Stable Fund
-Coronation Balanced Plus Fund
-Coronation Balanced Defensive Fund
-Coronation Capital Plus Fund
-Coronation Strategic Income Fund
-Ninety One Managed Fund
-Ninety One Opportunity Fund
-Nedgroup Core Diversified Fund
-Nedgroup Core Guarded Fund
-Old Mutual Multi-Managers Inflation Plus 5-7% Strategy
-Old Mutual Multi-Managers Inflation Plus 3-5% Strategy
-Old Mutual Multi-Managers Inflation Plus 1-3% Strategy
-10X Your Future Fund
-10X Moderate Fund
-10X Defensive Fund
-Oasis Crescent Balanced Progressive Fund of Funds
-Oasis Crescent Balanced Stable Fund of Funds
-M&G Inflation Plus Fund
-M&G Bond Fund
-Discovery Multi Balanced Fund
-Discovery Cautious Multi Balanced Fund
-Discovery Life Balanced Fund
-Discovery Life Moderate Balanced Fund
-Discovery Life Cautious Balanced Fund
-Discovery Multi Specialist Balanced Fund
-Discovery Multi Specialist Moderate Balanced Fund
-Discovery Multi Specialist Cautious Balanced Fund
-Discovery Life Target Retirement 2020 Fund
-Discovery Life Target Retirement 2025 Fund
-Discovery Life Target Retirement 2030 Fund
-Discovery Life Target Retirement 2035 Fund
-Discovery Life Target Retirement 2040 Fund
-Discovery Life Target Retirement 2045 Fund
-Discovery Life Target Retirement 2050 Fund
-Discovery Life Target Retirement 2055 Fund
-Discovery Life Target Retirement 2060 Fund
-Cogence Discovery Balanced DAO Fund of Funds
-Cogence Discovery Moderate DAO Fund of Funds
- Cogence Discovery Cautious DAO Fund of Funds
-Discovery Life Diversified Income Fund
-Discovery Life Money Market Fund FN
Life-Wrapped Funds:
-AF Passive Bold Portfolio
-AF Passive Moderate Portfolio
-AF Passive Cautious Portfolio
-AF Passive Explorer Portfolio
-Discovery Life Sygnia Skeleton Balanced 40 Fund
-Discovery Life Sygnia Skeleton Balanced 70 Fund
-Camissa Islamic Balanced Fund (Life)
-Camissa Islamic High Yield Fund (Life)
External Funds:
-Allan Gray Balanced Fund
-Allan Gray Stable Fund
-Coronation Balanced Plus Fund
-Coronation Balanced Defensive Fund
-Coronation Capital Plus Fund
-Coronation Strategic Income Fund
-Ninety One Managed Fund
-Ninety One Opportunity Fund
-Nedgroup Core Diversified Fund
-Nedgroup Core Guarded Fund
-Old Mutual Multi-Managers Inflation Plus 5-7% Strategy
-Old Mutual Multi-Managers Inflation Plus 3-5% Strategy
-Old Mutual Multi-Managers Inflation Plus 1-3% Strategy
-10X Your Future Fund
-10X Moderate Fund
-10X Defensive Fund
-Oasis Crescent Balanced Progressive Fund of Funds
-Oasis Crescent Balanced Stable Fund of Funds
-M&G Inflation Plus Fund
-M&G Bond Fund
Can a participating employer use an external consultant at no additional fees?
Yes
Email
Contact No
0860 222 999