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Fund Updates

Fund Updates

Capital Group replaced with PIMCO

The Capital Group bond mandate was terminated on the basis of portfolio construction. The Fund needs a higher risk mandate – a higher tracking error relative to the benchmark – to blend with the alternative beta in the Fund.

Fund Updates

STANLIB Multi-Manager SA Equity Fund

In constructing the STANLIB Multi-Manager SA Equity Fund, multiple facets of the underlying managers and how they blend together are considered, with a view to achieving the objectives of the Fund.