Asset Allocation on CIS and instruments without CIS – Intended Maximum Limits
As per Regulation 28 of the South African Pension Funds Act, the intended maximum limits are the legal ceilings set by the government to control risk.
- Legal caps defined by law for asset classes (e.g., 75% for equities, 45% for offshore/foreign assets, 25% for property).
- Designed to force portfolio diversification and protect retirement savings from extreme market crashes.
- Fixed by the South African National Treasury and updated periodically.
Also see Adding Asset Classes
A. Go to the relevant Collective Investment Scheme (CIS) (Instruments->Collective Investment Schemes)
Set the Intended maximum Limits on the Collective Investment Scheme (CIS). The values as set will apply to the Instruments linked to the CIS.
Specify the Intended maximum value for each of the parent and sub-classes. Ensure that the sum of the values of the sub-classes equals that of their parent class
B. For instrument without Collective investment Schemes, go to the instrument and follow the same process
Intended Maximum Limits will be displayed under View Details on the Asset Allocation card on the Investor Account
Last Updated on 2 weeks ago by Antoinette Van Meyeren