10X Defensive Fund
The 10X Defensive Fund is suitable for investors seeking a steady level of income together with capital growth at low volatility over the medium term that is achieved with cost-effective exposure to a range of local and international asset classes.
The portfolio has a higher allocation to defensive assets (bonds and cash) than to growth assets (shares and property).
The recommended time horizon is 1-3 years and longer as returns may be volatile over periods shorter than 1 year.
Overview
Products:
Risk profile
Low
Ideal time horizon
1 to 3 years and longer
Annualised returns
8.9%
Fund size
R 1.53 billion
ASISA classification
SA - Multi Asset - Low Equity
Why choose the 10X Defensive Fund
- The defensive fund's objectives are to generate a steady level of income together with capital growth at low volatility over the medium term.
- The risk profile is lower than a medium equity fund. The defensive fund risk is higher in periods shorter than a year and lower in periods greater than 2 years.
- The majority of the fund is in local assets while still offering offshore exposure.
Downloads
For Retirement Annuity or Preservation Fund investors:
Download ReportFor Living Annuity investors:
Download ReportFor Unit Trust or TFSA investors:
Fund fact sheetPerformance
Source: Morningstar; Returns for 10X Your Future strategy since inception, Benchmark: ASISA Multi-Asset High Equity Category Disclaimer
Product Fees
Understanding the fees for your investment is crucial. Here is a breakdown of the costs involved to own the 10X Defensive Fund for each available product.
Fund holdings and asset allocation
The fund is invested in a diversified portfolio of assets. The fund's asset allocation and exposure to different sectors, issuers, and geographies are shown below if applicable. For more information, please refer to the fund fact sheet.
Fund exposure
Overview
Products:
Risk profile
Low
Ideal time horizon
1 to 3 years and longer
Annualised returns
8.9%
Fund size
R 1.53 billion
ASISA classification
SA - Multi Asset - Low Equity
Downloads
For Retirement Annuity or Preservation Fund investors:
Download ReportFor Living Annuity investors:
Download ReportFor Unit Trust or TFSA investors:
Fund fact sheetHow can we 10X Your Future?
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