Morningstar

Nedgroup Investments Core Guarded Fund B NICCB

Medalist Rating as of Sep 30, 2026

Strategy

The portfolio aims to secure for investors total returns of CPI + 3%, whilst at the same time providing a steady growth of capital by passively replicating a broad and fairly stable combination of securities, including equity, bond, money market, property or derivative instruments, both locally and abroad. The allocation of investments in the portfolio aims to comply with the provisions of Regulation 28 of the Pension Funds Act at all times and will therefore be appropriate for retirement funds. The portfolio may also include participatory interests in portfolios of collective investment schemes, both locally and internationally, subject to the provisions of CISCA. The equity exposure of the portfolio will typically not exceed 25-40% of the aggregate market value of the portfolio.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
NIGCC	Nedgroup Investments Core Guarded Fund C	—	Open			Jan 29, 2010	ZAR 268.62M	—	Low	ZAR 10,000	ZAR 3.85M
NICCB	Nedgroup Investments Core Guarded Fund B	—	Open			Jan 29, 2010	ZAR 4.95B	—	Low	ZAR 10,000	−ZAR 48.07M
NICGF	Nedgroup Investments Core Guarded Fund B2	—	Open			Jan 2, 2015	ZAR 5.42B	—	—	—	ZAR 399.74M
NCGC1	Nedgroup Investments Core Guarded Fund C1	—	Open			Nov 1, 2016	ZAR 316.53M	—	—	ZAR 10,000	ZAR 37.17M
NICGC2	Nedgroup Investments Core Guarded Fund C2	—	Open		—	Jul 2, 2018	ZAR 2.68B	—	—	ZAR 2B	ZAR 489.12M
NICGC3	Nedgroup Investments Core Guarded Fund C3	—	Open			Jul 1, 2022	ZAR 2.50B	—	—	ZAR 2B	ZAR 279.48M

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