SA Corporates

Ninety One Global Strategic Managed Feeder Fund

Objective

Investment objective summary

The Fund aims to provide a total return (the combination of income and capital growth) over the long term well in excess of that obtainable from holding bank deposits, while aiming to maintain a risk profile lower than that of the typical equity fund

The Fund is a feeder fund which invests in the foreign-domiciled Ninety One GSF Global Strategic Managed Fund which in turn invests around the world in a mix of different assets including: bonds (contracts to repay borrowed money which typically pay interest at fixed times); money market instruments (tradable securities where money can be invested for short periods); company shares; convertible securities (bonds which can typically be turned into company shares); and other funds

Fund features

The Fund invests directly in our foreign domiciled Ninety One Global Strategic Managed Fund

Aims to be fully foreign-invested, with a maximum equity exposure of 75%

Diversification across asset classes seeks to reduce overall volatility with potential to generate solid long-term returns

David Knee

Portfolio Manager

Alex Holroyd-Jones

Portfolio Manager

Rehana Khan

Co-Head of SA Equity & Multi-Asset

Investment objective summary

The Fund aims to provide a total return (the combination of income and capital growth) over the long term well in excess of that obtainable from holding bank deposits, while aiming to maintain a risk profile lower than that of the typical equity fund

The Fund is a feeder fund which invests in the foreign-domiciled Ninety One GSF Global Strategic Managed Fund which in turn invests around the world in a mix of different assets including: bonds (contracts to repay borrowed money which typically pay interest at fixed times); money market instruments (tradable securities where money can be invested for short periods); company shares; convertible securities (bonds which can typically be turned into company shares); and other funds

Fund features

The Fund invests directly in our foreign domiciled Ninety One Global Strategic Managed Fund

Aims to be fully foreign-invested, with a maximum equity exposure of 75%

Diversification across asset classes seeks to reduce overall volatility with potential to generate solid long-term returns

David Knee

Portfolio Manager

David is Head of Multi Asset at Ninety One. He focuses on fostering greater collaboration across investment teams and strengthening the macro research process that underpins our strategies. In addition, David is a co-portfolio manager for the Global Strategic Managed, Global Macro Allocation and Global Macro Currency strategies. David has held senior investment leadership positions and managed multi-asset and fixed income portfolios across South Africa and the UK. Prior to joining the firm, he was co-Deputy Chief Investment Officer CIO at M&G Investments in London. Before that, he was the Chief Investment Officer at M&G Investments Southern Africa. David holds a Bachelor of Science Honours in Economics and Master of Science in Economics from the London School of Economics and Birkbeck College respectively. He is an Associate of the Society of Investment Professionals.

Alex Holroyd-Jones

Portfolio Manager

Alex is a portfolio manager in the Multi-Asset team at Ninety One. Alex’s research responsibilities include macro, fixed income and currency. Prior to joining the firm in 2013 he worked on the Crude Oil and Products finance desk at ConocoPhillips, with a focus on derivatives. Alex graduated from Loughborough University with a first class Bachelor of Science (Hons) degree in Business Economics and Finance. Alex is also a Chartered Financial Analyst (CFA®) Charterholder.

Rehana Khan

Co-Head of SA Equity & Multi-Asset

Rehana is Co-Head of SA Equity & Multi-Asset within the 4Factor team at Ninety One. She has portfolio management responsibilities for the General Equity and Balanced strategies as well as the Worldwide Flexible Strategy. Prior to joining the firm Rehana spent eleven years working for Prudential Investment Managers (currently known as M&G) and was a Director on PIMSA Institutional Board, Head of Equity Research, Portfolio Manager in their Select team and an analyst covering mining, retail and general financials sectors. Before this she worked for Deloitte firstly doing her accounting articles and secondly as a manager of the Special Services Group. Rehana holds a Bachelor of Commerce in Accounting degree and a post graduate diploma in Accounting from the University of Cape Town. She is also a Chartered Accountant.

Performance & returns

Literature & factsheets

Portfolio & Holdings

Date as of 30/04/2026

Asset allocation (%)

Top equity holdings (%)

Sum Of Local Assets

0.8

Bonds

1.4

Cash / Money Market

0.4

Equities

0.3

-1.3

Sum Of Foreign Assets

99.2

Equities

67.6

Bonds

21.8

Commodities

6.9

1.1

Cash / Money Market

1.1

Property

0.7

Important information

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