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From The Glossary »

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Offshore Balanced Fund:

The Offshore Balanced Fund seeks a balance between optimal capital growth and stable returns. The fund manager's aim is to obtain a stable return in dollar terms. The fund invests in more stable markets and sectors, for example, in overseas government stocks and bonds as well as blue chip shares listed on stock exchanges in North America, Britain, Europe and Japan. Any decrease in the value of the rand against other denominations will increase the ...
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