Allan Gray completes suite of risk-profiled, rand-denominated offshore funds

Allan Gray has launched a new offshore fund for investors that want exposure to a low-risk global portfolio in major foreign currencies without using their own offshore investment allowance. Called the Allan Gray-Orbis Global Optimal Fund of Funds, it gives investors access to a mix of the Orbis Optimal SA funds with a R500 monthly debit order or a lump sum of R5,000*. Aimed at conservative investors, the Fund completes Allan Gray’s suite of risk-profiled, rand denominated offshore funds.

*Allan Gray has an overall investment minimum of R20,000 per investor account.