Many South Africans do not know about the Absa smart alpha equity fund. If you are among that percentage, then worry no more! This show will show all you need to know about this fund.
This domestic general equity fund achieves its goals by using a number of investment styles that will earn investors’ interest.
The fund aims to provide investors with sustainable capital growth over the medium to long term.
We will start by showing you the features of this fund.
Features Of Smart Alpha Equity Fund
This fund is classified under the SA-Equity General industry category.
The fund is an ideal vehicle for long-term investments.
It offers exposure to JSE -listed equities.
The fund uses investment styles, including momentum, defensive, and value.
It is suitable for investors who seek long-term capital growth from equity exposure.
These are the features of the Absa alpha equity fund in South Africa.
Absa Smart Alpha Equity Fund
This fund’s minimum lump sum investment is R2 000, and the minimum investment per month is R200.
The fund uses a proprietary quantitative process, and the securities included fall into the large and mid-cap segments of the market.
The smart alpha equity fund can invest in securities listed in South Africa on the JSE and equities listed on the international exchanges.
The fund invests in securities through indices while generating alpha using quantitative asset allocation techniques.
The risks of this investment include the concentration of investment in the same geographical regions or countries with the same investment style leading to the decrease of the fund value.
Broadly invested funds are more likely to grow compared to concentrated funds.
The value of equities and equity-related investments may vary according to company profits and other market factors.
Insufficient buyers or sellers may also affect the success of the investment by giving rise to delays in trading and making settlements.
This is how the Smart alpha equity fund works in South Africa.
How To Apply For Absa Smart Alpha Equity Fund In South Africa
To apply for this fund, click on this link https://www.absafinancialservices.co.za/UnitTrustApplication/?Fund=Absa-Smart-Alpha-Equity-Fund.
Fill out the form and upload all the documents required.
If you experience any difficulty with your application, you can email Absa at utapplications@absa.co.za.
This is all you need to know about Absa smart alpha equity fund works in South Africa.
