On the back of the success of the Glacier AI Flexible Fund of Funds – which celebrated its third anniversary in September last year – we’re pleased to announce that we’ve expanded our range of AI funds to include the Glacier AI Balanced Fund.
The Fund is fully managed using AI (artificial intelligence) technology which eliminates human emotion, enabling the Fund to actively adapt to changing market conditions.
|The Fund at a glance:|
Inception date: 1 December 2021
Objective: To minimise drawdowns, while still maximising returns.
Absolute benchmark: CPI + 5% over rolling five-year periods.
ASISA category: SA Multi Asset High Equity
The Glacier AI Balanced Fund is Regulation 28-compliant and aims to produce equity-like returns at lower levels of risk – making it suitable for inclusion in a retirement savings solution for less aggressive investors.