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Investment Review – July 2022

The key distinction is that while the industry offers ‘investment products’ such as unit trusts, retirement funds and the like, it is in fact a service and not a product which investors receive.

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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.