The Prime Ebony Fund, previously known as ABC Diversified Equity Fund, will provide any individual with easy access to a world of investment opportunities. With a relatively small amount of money, you will not only have access to a diversified portfolio of local equities but also access to a strong portfolio of funds and equities invested in foreign markets. We use a disciplined approach and stick to our promise.
The Fund's Objective
The objective of the Fund is to achieve long term capital growth while managing downside risk by investing the monies of the Fund primarily in equity shares and equity related securities like convertible and non-convertible bonds/debentures of companies. It will invest primarily in local capital markets and to a lesser extent in foreign capital markets in accordance with a clearly specified investment strategy.
The Fund aims to achieve its investment objective through the following approach:
Adopting a top-down investment strategy;
Anticipating changing market conditions and tactically allocating the Fund's assets to stocks, fixed income products or cash equivalents in response to these changes. This flexibility to adjust its asset mix provides the Fund with the potential to achieve its objectives over the medium to long-term with less volatility;
Ensuring that the portfolio is well diversified and invested in securities of companies that demonstrate strong fundamentals over the medium term and supported by commendable growth prospects; and
Not limiting investment to any asset classes or to any sectors, subject to investment restrictions as detailed in the prospectus.
Investment Horizon & Risk Profle
The Fund's investment strategy has an investment horizon of 3 to 5 years and is targeted towards investors with moderate risk profile who are seeking long-term capital gains and willing to have exposure to Mauritian equities, and to a lesser extent to international capital markets.