Fund Details
Name of fund
Prescient Umbrella Provident Fund
Date Started
November 1, 2006
Financial year end
31 March
Head Office
Prescient, 4 Otto Close, Westlake Business Park, Westlake, Cape Town, 7945
Fund Sponsor
Prescient Fund Services (Pty) Ltd
Administrator
Prescient Fund Administration (Pty) Ltd
Constitution of Board of Trustees
4 trustees (2 are independent)
Name of Principal Officer
Helena Swart
Number of participating employers
34
Number of members
1040
Value of total assets
R628,714,740
Default investment strategy
Prescient Balanced Fund
The Fund aims to achieve significant real returns over the long term and to outperform the ASISA category average of the South African - Multi-Asset - High Equity funds over a full market cycle by maintaining meaningful exposure to growth assets like equities.
The Fund invests across a range of assets including equities and interest bearing instruments, both domestically and offshore. The asset allocation is anchored at the long term strategic allocation, but can be varied tactically to target outperformance of the benchmark by capitalising on signals of significant market mispricing. Where possible, a process of enhanced indexation is utilised within asset classes to deliver stable incremental alpha.
The Fund aims to achieve significant real returns over the long term and to outperform the ASISA category average of the South African - Multi-Asset - High Equity funds over a full market cycle by maintaining meaningful exposure to growth assets like equities.
The Fund invests across a range of assets including equities and interest bearing instruments, both domestically and offshore. The asset allocation is anchored at the long term strategic allocation, but can be varied tactically to target outperformance of the benchmark by capitalising on signals of significant market mispricing. Where possible, a process of enhanced indexation is utilised within asset classes to deliver stable incremental alpha.
List of investment portfolios
Various collective investment scheme portfolios and pooled portfolios offered by a registered long-term insurer are made available by the Trustees of the Funds as underlying investment options in accordance with the Funds’ Investment Policy Statement. Please contact us for further information on what is available.
Can a participating employer use an external consultant at no additional fees?
Yes
Email
Contact No
+27 21 700 3600