Allan Gray-Orbis Global Fund Of Funds

Fund Overview

Risk Profile

Low Medium High


The Allan Gray-Orbis Global Fund Of Funds aims to create long-term wealth for investors without exceeding a maximum net equity exposure limit of 75%. It aims to outperform the average return of funds subject to similar constraints without taking on more than their average risk. The Fund’s benchmark is a portfolio made up 60% by the FTSE World Index, including income, and 40% the JP Morgan Global Government Bond index.

Investor Profile

  • Seek long-term capital growth from a diversified international equity portfolio without being fully exposed to stock market risk
  • Wish to invest in international assets without having to personally expatriate rands
  • Are comfortable with taking on some risk of market and currency fluctuation and potential capital loss, but typically less than that of an equity fund
  • Typically have an investment horizon of more than five years
  • Wish to use the Fund as a foreign medium equity ‘building block’ in a diversified multi-asset class portfolio

Offshore Exposure:


Inception Date:

3 February 2004

Fund Code:


Fund Manager(s):

Ian Liddle
(The underlying Orbis Funds are managed by Orbis)
Allan Gray

The Allan Gray-Orbis Global Equity Feeder Fund remains fully invested in global equities. The objective of the Fund is to outperform the FTSE World Index at no greater-than average risk of loss in its sector.