Liberty Stable Growth Fund Review 2026
Liberty's Stable Growth Fund is a smoothed-bonus portfolio offered through Liberty Corporate, not a conventional retail unit trust — an important distinction before you compare it against ASISA-registered funds. Verified against Liberty's own documentation in July 2026.
Key facts
- Objective: targets CPI + 4% (before fees) over rolling 5-year periods, using risk-management and return-smoothing techniques designed to keep 12-month losses under 10%.
- Asset allocation: Local Bonds 30%, Local Inflation-Linked Bonds 20%, Global Equities 20% (15% developed + 5% emerging), Local Equities 15%, Global Bonds 10%, Local Property 5%.
- Who it suits: investors wanting protection against short-term losses over a medium-to-long horizon (5+ years); it's Regulation 28 compliant, so it's suitable for retirement savings.
- Fees: investment management fee of 0.6% p.a. (Corporate Selection Product, excluding a separate investment admin fee) or 1.0% p.a. (Liber8, no separate admin fee). No performance fees or guarantee charges.
What we couldn't verify
Liberty doesn't publish a standard Total Expense Ratio or public Minimum Disclosure Document for this fund the way retail unit trusts do — the Total Investment Cost is available on request from Liberty directly (lcinvestmentprop@liberty.co.za).
Is it worth it?
The smoothing mechanism is the point here — if you specifically want to avoid the volatility of a standard multi-asset fund while still targeting inflation-beating growth, this fits. Confirm the current Total Investment Cost directly with Liberty before committing, since it isn't published on a standard fact sheet.
