Absa Absolute Fund Review 2026
The Absa Absolute Fund sits in the ASISA "SA – Multi Asset – Low Equity" category, aimed at pre- and post-retirement investors who want lower volatility. Verified against Absa's own Minimum Disclosure Document (MDD) — the most recent publicly available at the time of research was dated February 2026, so figures below are a snapshot, not real-time.
Key facts
- ASISA category: SA – Multi Asset – Low Equity.
- Benchmark: CPI + 4% p.a. over a rolling 36-month period.
- Objective: a consistent, positive return above inflation over the medium term, aiming to protect capital over the longer term, with moderate risk.
- Managed per Regulation 28 of the Pension Funds Act.
- Asset allocation (snapshot): a mix of local equity, money market/cash, offshore assets, and bonds — check the current MDD for the live split.
- TER (period reported): around 1.77% (Class A) or 1.02% (Class C1), incl. VAT.
Important update
Absa's own MDD noted this fund was also undergoing a fund amalgamation balloting process — meaning it may have since merged into another Absa fund. Confirm the fund's current status directly with Absa (0860 111 456) or your financial adviser before investing.
Is it worth it?
The "low equity" category suits investors closer to or in retirement who want smoother, more predictable returns than a full balanced fund — at the cost of lower expected long-term growth. Pull the current MDD before committing, and compare it against your own risk tolerance and time horizon.