Your funds D9

Of the six unit trusts you hold, which has grown most — and which has grown most steadily — over the window in view?

Horizon

Which fund has grown most — and which most steadily? D9

Each fund set to 100 at the left edge of the window, so every horizon asks the same question of the same starting line. Change the horizon and the base moves with it: the five-year view is your January 2022 chart, the three-month view is this quarter’s. Two plots, grouped the way you asked on 20 September — the funds meant to grow your capital above, the two meant to pay you an income below. The global feeder sits with the balanced funds because that is what it is: a multi-asset growth fund that invests offshore. The grey line is the yardstick you asked for — the average South African multi-asset high-equity fund, which is the peer group Allan Gray measures itself against.

Growth of 100 — the funds that grow your capital rebased to 100 at the start of the window — total return, except where the line says price only

Allan Gray BalancedHSBC Balanced (Acc C), in randInvestec FR Balanced FoF (B) — price onlyInvestec FR World Axis Core Feeder (B)SA Multi Asset High Equity average

Growth of 100 — the funds that pay you an income NAV, rebased to 100 at the start of the window — price only, NOT what you earned

Investec FR Active Income FoF (B) — price onlyInvestec FR Enhanced Income (A) — price only

Grouped by what each fund is for — and that grouping hides one thing, so here it is in words. Most of these lines are total return: income reinvested, the basis you confirmed on 6 September and the basis every fact sheet quotes. Allan Gray publishes it directly, back to 1999. The HSBC fund is an accumulation class, so it never distributes and its price already is its total return; it is drawn in rand, as you asked, which means its line carries the rand as well as the fund and begins 31 Dec 2015, where our exchange-rate record starts. The World Axis feeder has declared nothing at any date on its fact sheet, so for that fund the price is the total return too. Not so FR Bal. That fund pays income out twice a year, and a published NAV drops by the declared amount the day it does — so its line is drawn on price alone and sits below where the fund belongs, by roughly every distribution since the base date. On a five-year window that is not a rounding difference: in 2025 alone FR Bal priced +16.1% against a fund return of 18.8%. Until we hold the declarations, read that line as a floor, not as a ranking — and read the year-by-year chart below, which is on the same footing for every fund. The lower plot is price alone throughout. These two pay their income out monthly, which is the whole point of owning them, so the line understates them almost completely — an income fund that distributes everything it earns draws as a flat line forever. In 2025 the gap was this wide: FR Act Inc priced +2.2% against a fund return of 10.4%; FR Enh Inc priced -0.1% against a fund return of 6.8% — everything between the two numbers is money that reached you rather than value the fund lost. Read their level, not their slope. What changed on 6 September. You asked what other options there were for getting the history, and there was one we had missed: ProfileData's FundsData Online publishes every South African unit trust price, one day at a time, back to each fund's launch — free and without asking anyone. Five of your six now have a real record, the Investec funds from their own inceptions instead of a line that began in September. It agreed with Fundrock's own file to the cent on the one day both cover, which is why nothing already stored had to be revised.

Table view — Growth of 100 — the funds that grow your capital

Date	Allan Gray Balanced	HSBC Balanced (Acc C), in rand	Investec FR Balanced FoF (B) — price only	Investec FR World Axis Core Feeder (B)	SA Multi Asset High Equity average
29 Oct 2026	—	156.4	—	—	—
28 Oct 2026	—	156.0	141.3	149.4	—
27 Oct 2026	—	155.8	140.5	147.5	—
26 Oct 2026	—	155.1	140.2	147.8	—
23 Oct 2026	—	155.0	139.9	148.0	—
22 Oct 2026	—	155.1	140.2	148.9	—
21 Oct 2026	—	154.2	140.4	146.9	—
20 Oct 2026	—	154.0	139.6	146.7	—
19 Oct 2026	—	154.2	139.9	147.2	—
16 Oct 2026	—	154.8	140.5	147.8	—
15 Oct 2026	—	154.7	140.4	148.4	—
14 Oct 2026	—	155.2	140.5	151.2	—
13 Oct 2026	—	155.3	140.8	150.6	—
12 Oct 2026	—	155.7	140.1	151.0	—
9 Oct 2026	—	154.9	139.8	150.1	—
8 Oct 2026	—	155.6	139.4	151.9	—
7 Oct 2026	—	156.8	139.6	152.8	—
6 Oct 2026	—	155.7	139.7	151.1	—
5 Oct 2026	—	156.0	139.6	151.6	—
2 Oct 2026	—	155.9	139.6	150.5	—
1 Oct 2026	—	154.4	140.1	151.2	—
30 Sept 2026	184.3	153.8	139.7	148.8	162.0
29 Sept 2026	—	153.7	139.7	148.9	—
28 Sept 2026	—	154.4	140.1	150.7	—
25 Sept 2026	—	153.5	140.7	149.8	—
24 Sept 2026	—	154.6	141.6	151.3	—
23 Sept 2026	—	155.1	141.6	151.3	—
22 Sept 2026	—	154.9	142.2	149.8	—
21 Sept 2026	—	154.3	141.7	148.4	—
18 Sept 2026	—	153.6	141.3	149.3	—
17 Sept 2026	—	152.9	141.0	147.8	—
16 Sept 2026	—	153.6	140.7	147.4	—
15 Sept 2026	—	153.8	140.7	148.1	—
14 Sept 2026	—	154.2	141.1	149.8	—
11 Sept 2026	—	153.4	141.5	147.9	—
10 Sept 2026	—	153.8	141.8	149.8	—
9 Sept 2026	—	153.9	142.4	148.9	—
8 Sept 2026	—	154.3	142.4	148.4	—
7 Sept 2026	—	153.9	142.5	148.5	—
4 Sept 2026	—	153.5	142.2	148.2	—
3 Sept 2026	—	152.9	142.1	147.1	—
2 Sept 2026	—	152.6	141.1	147.2	—
1 Sept 2026	—	154.2	142.2	149.9	—
31 Aug 2026	189.6	—	143.3	150.2	168.2
28 Aug 2026	—	153.9	143.8	150.1	—
27 Aug 2026	—	153.7	142.7	148.6	—
26 Aug 2026	—	153.3	142.9	148.6	—
25 Aug 2026	—	153.6	142.4	147.8	—
24 Aug 2026	—	153.7	142.8	148.7	—
21 Aug 2026	—	153.6	143.0	148.0	—
20 Aug 2026	—	154.9	141.9	148.8	—
19 Aug 2026	—	155.0	141.7	147.9	—
18 Aug 2026	—	155.3	142.3	150.8	—
17 Aug 2026	—	155.9	142.4	150.3	—
14 Aug 2026	—	155.8	142.2	150.3	—
13 Aug 2026	—	154.6	142.3	149.6	—
12 Aug 2026	—	154.8	142.8	148.7	—
11 Aug 2026	—	154.8	143.3	149.1	—
10 Aug 2026	—	155.3	143.8	147.7	—
7 Aug 2026	—	154.9	143.8	147.7	—

Showing the most recent 60 of 1288 observations in this window.

Table view — Growth of 100 — the funds that pay you an income

Date	Investec FR Active Income FoF (B) — price only	Investec FR Enhanced Income (A) — price only
28 Oct 2026	106.5	100.2
27 Oct 2026	106.5	100.2
26 Oct 2026	106.4	100.2
23 Oct 2026	106.3	100.2
22 Oct 2026	106.3	100.1
21 Oct 2026	106.3	100.1
20 Oct 2026	106.0	100.1
19 Oct 2026	106.0	100.1
16 Oct 2026	106.0	100.0
15 Oct 2026	105.9	100.0
14 Oct 2026	105.9	100.0
13 Oct 2026	105.9	100.0
12 Oct 2026	105.7	100.0
9 Oct 2026	105.7	99.9
8 Oct 2026	105.6	99.9
7 Oct 2026	105.6	99.9
6 Oct 2026	105.6	99.9
5 Oct 2026	105.5	99.8
2 Oct 2026	105.5	99.8
1 Oct 2026	105.5	99.8
30 Sept 2026	106.0	100.3
29 Sept 2026	105.8	100.3
28 Sept 2026	105.8	100.3
25 Sept 2026	105.8	100.2
24 Sept 2026	106.0	100.2
23 Sept 2026	106.0	100.2
22 Sept 2026	106.1	100.2
21 Sept 2026	106.0	100.1
18 Sept 2026	105.9	100.1
17 Sept 2026	105.8	100.1
16 Sept 2026	105.7	100.0
15 Sept 2026	105.5	100.0
14 Sept 2026	105.6	100.0
11 Sept 2026	105.6	100.0
10 Sept 2026	105.7	99.9
9 Sept 2026	105.7	99.9
8 Sept 2026	105.7	99.9
7 Sept 2026	105.7	99.9
4 Sept 2026	105.7	99.8
3 Sept 2026	105.6	99.8
2 Sept 2026	105.5	99.8
1 Sept 2026	105.5	99.8
31 Aug 2026	106.0	100.3
28 Aug 2026	106.0	100.3
27 Aug 2026	106.0	100.3
26 Aug 2026	106.0	100.2
25 Aug 2026	105.9	100.2
24 Aug 2026	105.8	100.2
21 Aug 2026	105.7	100.2
20 Aug 2026	105.7	100.1
19 Aug 2026	105.8	100.1
18 Aug 2026	105.7	100.1
17 Aug 2026	105.8	100.1
14 Aug 2026	105.8	100.0
13 Aug 2026	105.8	100.0
12 Aug 2026	105.8	100.0
11 Aug 2026	105.8	100.0
10 Aug 2026	105.8	99.9
7 Aug 2026	105.8	99.9
6 Aug 2026	105.7	99.9

Showing the most recent 60 of 348 observations in this window.

Allan Gray Balanced Fund D9a

R424.00

+8.9% over 12m Neutral current · 30 Sept 2026

TOTAL RETURN, not price — the manager’s own “value of R10 invested at inception with all distributions reinvested”, monthly since 1999. The daily NAV was rejected for this: it goes ex-distribution twice a year, which over 2022–2026 is the whole gap between +77% and +61%.

HSBC Balanced Fund (Institutional Accumulation), in rand D9f

R90.65

+8.0% over 12m awaiting reading current · 29 Oct 2026

The sterling fund at each day’s rate — what it did FOR YOU, as you asked. Computed at build time, never stored. It carries the rand as well as the fund, and it starts 31 December 2015 because that is where our exchange-rate record starts, four months after the fund’s own.

Investec FR Balanced Fund of Funds (B) D9d

254.02c

+2.3% over 12m Neutral current · 28 Oct 2026

Class B, priced from June 2018 — the portfolio launched in 2012 but the class you hold did not. NAV only: the price steps down when the fund declares income on 30 June and 31 December, and those distributions are not yet added back. In 2025 the price rose 16.1% against a fund return of 18.8%.

Investec FR World Axis Core Feeder Fund (B) D9e

149.13c

-1.1% over 12m Bearish current · 28 Oct 2026

Class B, priced from April 2022. It has declared nothing at any date on its fact sheet, so for this fund the price IS the total return. A rand-priced feeder into offshore assets, so the rand moves this line as well as the underlying.

Allan Gray Balanced benchmark — SA Multi Asset High Equity average D9a

R182.60

+3.0% over 12m awaiting reading current · 30 Sept 2026

The yardstick you asked for, and Allan Gray’s own: the market value-weighted average of the South African Multi Asset High Equity funds, its own excluded. Same file, same R10 basis, same 323 months as the fund beside it — nothing here is our arithmetic.

Investec FR Active Income Fund of Funds (B) D9c

107.65c

+1.3% over 12m Neutral current · 28 Oct 2026

Class B, priced from January 2019. NAV only, and for an income fund that is not the same as return: this one distributes substantially all it earns, so its price barely moves and the line understates it until the distributions are added back. In 2025 the price rose 2.2% against a fund return of 10.4%.

Investec FR Enhanced Income Fund (A) D9b

100.46c

+0.0% over 12m awaiting reading current · 28 Oct 2026

Class A, priced daily since December 2019 — the fund Fundrock publishes in neither public file, found in the free ASISA price archive on 6 September. It is PRICE ONLY, and for this fund that is nearly the whole story: it pays out substantially all it earns each month, so its price sits near 100 cents forever. Read the calendar-year chart for what it returned.

Neutral R424.00 at 30 September 2026, 29 days old. -2.82% on August's R436.30, which was the record, and the largest monthly fall since March (-3.04%). +8.94% over twelve months from R389.20, and +4.87% since the end of December. The fund's benchmark fell further in September, -3.69%, and is +3.05% over twelve months. Neutral, from bullish. The bullish call rested on fourteen per cent over a year. September took almost three per cent off the fund in the month your share market lost almost seven, and the twelve-month return is now under nine per cent: still about four and a half points ahead of inflation at 4.5%, and still well ahead of the benchmark it is measured against. A falling month against a year that remains comfortably positive is a mixed reading, and we call mixed readings neutral elsewhere on your board. This is a total-return series, so nothing is missing from the figure.

What each fund returned, year by year — and against what D9

Every Investec fact sheet prints the fund’s return for each complete calendar year — in rand, after fees, calculated NAV-to-NAV with income reinvested. That is total return, the same basis as the upper plot above, and for the three funds still drawn on price alone it is the only honest answer to "what did it earn". The rule across each bar is that fund’s own published benchmark, off the same table on the same fact sheet: bar above the rule means the fund beat it that year. Allan Gray publishes no such table, so its bars and its rule are computed December to December from the two columns of its performance file — and the plot starts at 2014, the first year in which more than one of your funds existed.

Calendar-year total return, against each fund’s own benchmark per cent over each complete calendar year — class A, after fees, income reinvested

Allan Gray BalancedInvestec FR Balanced FoF (A)Investec FR Enhanced Income (A)Investec FR Active Income FoF (A)Investec FR World Axis Core Feeder (A) its own benchmark

Over 2022–2025, the four years you asked about: Allan Gray Balanced +67.5% · Investec FR Balanced FoF (A) +54.0% · Investec FR Active Income FoF (A) +40.8% · Investec FR Enhanced Income (A) +29.3% — each year chained onto the last, not averaged, which on a 20% year is not a small difference. Investec FR World Axis Core Feeder (A) is not in that ranking: it has 3 complete years (2023–2025, +41.0%), and a shorter window is a different question. About those rules. You asked for a yardstick covering the sector average, and three of these are exactly that — the ASISA category each fund is classified in, which is to say the average of its peers. Two are not, and the difference matters: your two income funds are benchmarked to CASH rather than to their category. Active Income is measured against the STeFI Composite, and Enhanced Income against 55% of the call deposit rate — roughly half of what money on deposit earned. Clearing a bar set at half of cash is not the same achievement as beating your peers, and the chart cannot make it one. Now the gaps, because this chart still has three. It is annual — one bar is a finished year, and says nothing about March or about how rough the ride was inside it. It is class A, and you hold class B in three of the four Investec funds; B carries the lower fee, so your own returns were a little better than these bars, by roughly that fee difference, every year and always in the same direction. An empty slot is a fund that was not yet running — never a year it returned nothing: the Balanced fund of funds starts in 2014, Active Income in 2019, Enhanced Income in 2020, and the World Axis feeder only in 2023, which is why it cannot reach 2022. And 2026 is not here, because 2026 is not over. The HSBC fund is absent from this chart alone: it is a UK fund and publishes no rand calendar-year table — its record is the upper plot above, in full, daily, since 2015.

Table view — Calendar-year total return, against each fund’s own benchmark

Date	Allan Gray Balanced	Investec FR Balanced FoF (A)	Investec FR Enhanced Income (A)	Investec FR Active Income FoF (A)	Investec FR World Axis Core Feeder (A)
31 Dec 2025	24.10%	18.80%	6.80%	10.40%	4.90%
31 Dec 2024	10.40%	16.40%	7.80%	10.10%	11.30%
31 Dec 2023	13.0%	11.40%	7.40%	9.70%	20.80%
31 Dec 2022	8.20%	0.0%	4.60%	5.60%	—
31 Dec 2021	20.20%	20.30%	3.20%	5.80%	—
31 Dec 2020	3.60%	7.70%	4.70%	5.40%	—
31 Dec 2019	6.70%	10.80%	—	7.80%	—
31 Dec 2018	-3.10%	-2.70%	—	—	—
31 Dec 2017	11.0%	10.20%	—	—	—
31 Dec 2016	6.40%	4.10%	—	—	—
31 Dec 2015	12.30%	7.90%	—	—	—
31 Dec 2014	9.0%	9.90%	—	—	—

Allan Gray Balanced — calendar-year total return D9a

24.10%

+20.50pp over 5y Bullish current · 31 Dec 2025

Computed December to December from the monthly total-return series rather than transcribed, because Allan Gray publishes the level and not the table. Same measurement the Investec fact sheets state: NAV-NAV, gross income reinvested.

Allan Gray Balanced benchmark — calendar-year total return D9a

19.10%

+13.40pp over 5y awaiting reading current · 31 Dec 2025

The sector average’s calendar years, by exactly the arithmetic used on the fund beside it — one definition, so the two cannot drift apart.

Investec FR Balanced FoF — calendar-year total return (A) D9d

18.80%

+11.10pp over 5y Bullish current · 31 Dec 2025

The manager’s own published record, CLASS A — you hold B, which is cheaper, so your own returns were a little better than these, every year and in the same direction. Total return: NAV-NAV with gross income reinvested, net of fees. Complete years only, from 2014.

(ASISA) SA Multi Asset Medium Equity — calendar-year return D9d

17.70%

+12.30pp over 5y awaiting reading current · 31 Dec 2025

The sector average: the ASISA category this fund is classified in, off its own fact sheet, on the fund’s own basis. Class A, from 2014.

Investec FR Enhanced Income — calendar-year total return (A) D9b

6.80%

+2.10pp over 5y Neutral current · 31 Dec 2025

The manager’s own published record, class A — which IS the class you hold here. It is also the only pre-2026 total-return figure this fund has: its price line says almost nothing, because it pays out nearly everything it earns.

55% of STeFI call deposit index — calendar-year return D9b

3.90%

+1.40pp over 5y awaiting reading current · 31 Dec 2025

NOT a sector average, and the softest bar on the page: 55% of the call deposit rate, roughly half of what money on deposit earned. The fund has cleared it every year, which says as much about the benchmark as about the fund.

Investec FR Active Income FoF — calendar-year total return (A) D9c

10.40%

+5.00pp over 5y Bullish current · 31 Dec 2025

The manager’s own published record, CLASS A against the B you hold, so your own returns were slightly better. Total return, net of fees, complete years only, from 2019.

STeFI Composite Index — calendar-year return D9c

7.50%

+2.10pp over 5y awaiting reading current · 31 Dec 2025

NOT a sector average. This fund is benchmarked to cash — the short-term fixed-interest composite — rather than to the income-fund category it sits in, so clearing it is a lower bar than beating its peers.

Investec FR World Axis Core Feeder — calendar-year total return (A) D9e

4.90%

-15.90pp since 31 Dec 2023 Bearish current · 31 Dec 2025

The manager’s own published record, CLASS A against the B you hold. Only three complete years — 2023 onward — so it cannot reach your 2022 start.

(ASISA) Global Multi Asset High Equity — calendar-year return D9e

4.80%

-17.00pp since 31 Dec 2023 awaiting reading current · 31 Dec 2025

The sector average: the ASISA global multi-asset high-equity category, in rand, off the fund’s own fact sheet. Only from 2023 — the fund’s first complete year.

Bullish 24.10% for calendar 2025, quoted from scripts/derived.mjs and unchanged, against its benchmark's 19.10%: five points of outperformance. The best calendar year on your funds board, and ahead of the benchmark it is measured against. Bullish; the next reading cannot come before the end of December.

Which grew most steadily D9

You asked which fund had grown consistently, and said on 6 September that measuring it was worth doing. The charts show you the path; they do not measure it. A fund that ran up 40% and gave back 15% can finish level with one that ground out 4% a year, and only the second was consistent. Below is the same calendar-year record as the chart above, read for steadiness instead of for size: the best year, the worst, how many years it lost money, and how often it cleared its own benchmark.

Fund	Yrs	Best	Worst	Spread, pts	Down	Beat it
Allan Gray Balanced	26	+36.5% 2005	-3.1% 2018	39.6	2	16/26
FR Balanced FoF	12	+20.3% 2021	-2.7% 2018	23.0	1	10/12
FR Enhanced Income	6	+7.8% 2024	+3.2% 2021	4.6	none	6/6
FR Active Income FoF	7	+10.4% 2025	+5.4% 2020	5.0	none	6/7
FR World Axis Core	3	+20.8% 2023	+4.9% 2025	15.9	none	1/3

Spread is the column to read for your question. It is the distance between a fund’s best year and its worst — the width of the ride, not its direction. On this record FR Enhanced Income is the narrowest at 4.6 points, which is what a steady fund looks like and is not the same as what a good one looks like: the steadiest fund here is not the one that grew most, and the two questions have different answers on purpose. Three things this table is not. It is annual, so a year that fell 12% by June and recovered by December shows as a calm one — a proper measure of the ride needs a daily total-return series, which most of these funds do not yet have. Down years counts calendar years below zero, which is a blunt instrument on a fund with three years of record. And beating a benchmark means only what the benchmark is: two of these are cash bars, one of them set at half of cash, and a fund that clears such a bar every year has told you less than the column suggests.

What is still owed

The distributions. Three of your funds are still drawn on price alone, and the fix is the same for all three: every Fundrock fact sheet prints the fund’s last four declarations, at a stable address, and adding them back turns a price line into the total-return line the rest of the page uses. For the Balanced fund of funds — which declares twice a year — the Internet Archive holds enough past fact sheets to reconstruct the declarations back to 2021, so its line can be made whole across your January 2022 start. The two income funds declare monthly, and the archive is too thin for that: those two accrue their distributions from here, and until then their published calendar-year returns, on the chart above, are their record.

Your own class, and your own dates. Everything here is fund-level and public. The one thing it cannot know is what you bought and when — and that stays true by choice: you said on 6 September to leave this as growth rather than value, and this page therefore holds no figure about your position. Asking Investec and Fundrock for your own statements would still buy one thing this cannot: your class, your units, and the daily record in the class you actually hold rather than the class they publish tables for.

Where these numbers come from

Series	Source	Cadence	Latest
Allan Gray Balanced Fund	Allan Gray fund performance CSV (Balanced Fund, total return)	monthly · quantitative	2026-09-30 · current
Allan Gray Balanced benchmark — SA Multi Asset High Equity average	Allan Gray fund performance CSV (Balanced Fund) — Benchmark column	monthly · quantitative	2026-09-30 · current
Investec FR Enhanced Income Fund (A)	ProfileData FundsData Online — CIS daily price lookup (Investec FR Enhanced Income Fund, class A)	daily · quantitative	2026-10-28 · current
Investec FR Active Income Fund of Funds (B)	ProfileData FundsData Online — CIS daily price lookup (Investec FR Active Income Fund of Funds, class B)	daily · quantitative	2026-10-28 · current
Investec FR Balanced Fund of Funds (B)	ProfileData FundsData Online — CIS daily price lookup (Investec FR Balanced Fund of Funds, class B)	daily · quantitative	2026-10-28 · current
Investec FR World Axis Core Feeder Fund (B)	ProfileData FundsData Online — CIS daily price lookup (Investec FR World Axis Core Feeder Fund, class B)	daily · quantitative	2026-10-28 · current
HSBC Balanced Fund (Institutional Accumulation)	FT fund tearsheet chart series — HSBC Balanced Fund Institutional Accumulation (GB00BYRKGL32)	daily · quantitative	2026-10-29 · current
HSBC Balanced Fund (Institutional Accumulation), in rand	Computed at build time	daily · derived	2026-10-29 · current
Allan Gray Balanced — calendar-year total return	Computed at build time	annual · derived	2025-12-31 · current
Allan Gray Balanced benchmark — calendar-year total return	Computed at build time	annual · derived	2025-12-31 · current
Investec FR Enhanced Income — calendar-year total return (A)	Investec MDD (minimum disclosure document) — Investec FR Enhanced Income, calendar-year returns table	annual · quantitative	2025-12-31 · current
55% of STeFI call deposit index — calendar-year return	Investec MDD — Investec FR Enhanced Income — calendar-year total return, calendar-year returns table, benchmark row	annual · quantitative	2025-12-31 · current
Investec FR Active Income FoF — calendar-year total return (A)	Investec MDD (minimum disclosure document) — Investec FR Active Income FoF, calendar-year returns table	annual · quantitative	2025-12-31 · current
STeFI Composite Index — calendar-year return	Investec MDD — Investec FR Active Income FoF — calendar-year total return, calendar-year returns table, benchmark row	annual · quantitative	2025-12-31 · current
Investec FR Balanced FoF — calendar-year total return (A)	Investec MDD (minimum disclosure document) — Investec FR Balanced FoF, calendar-year returns table	annual · quantitative	2025-12-31 · current
(ASISA) SA Multi Asset Medium Equity — calendar-year return	Investec MDD — Investec FR Balanced FoF — calendar-year total return, calendar-year returns table, benchmark row	annual · quantitative	2025-12-31 · current
Investec FR World Axis Core Feeder — calendar-year total return (A)	Investec MDD (minimum disclosure document) — Investec FR World Axis Core Feeder, calendar-year returns table	annual · quantitative	2025-12-31 · current
(ASISA) Global Multi Asset High Equity — calendar-year return	Investec MDD — Investec FR World Axis Core Feeder — calendar-year total return, calendar-year returns table, benchmark row	annual · quantitative	2025-12-31 · current