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From The Glossary »

Offshore Equity Fund:

The Offshore Equity Fund is suitable for those investors seeking the potentially excellent capital growth associated with equity funds while wanting to benefit from adverse movements in the value of the rand against other currencies. The fund manager's aim is not only to achieve good performance in dollar terms, but also to benefit from a possible decrease in the value of the rand. It invests in blue-chip shares listed on stock exchanges in North ...

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