The Laurium Flexible Prescient Fund is a Domestic -Multi Asset-Flexible unit trust, which means the fund has a high degree of flexibility but must invest a minimum of 70% of its assets in South Africa and a maximum of 25% in Global assets and 5% in African assets. Investable assets include: equity; fixed interest; listed property and money market instruments.
The Laurium Flexible Prescient Fund will have a primary investment objective of long-term capital growth. The Fund’s investment objective is to achieve a return of at least 5% above CPI, measured over rolling 3 year periods.
The Fund will invest in a flexible combination of investments in the equity, bond, money and property markets with a bias towards JSE Stock Exchange listed equities. The fund uses fundamental bottom-up research, with a value bias, to generate a concentrated portfolio with high conviction ideas with a focus on stock picking.