This fund is ideal for investors who are looking to maximise their income return over the short-to-medium term without assuming too much risk of capital loss. The recommended investment horizon is 1-2 years, or longer depending on income needs and risk profile.The Fund is managed to comply with regulations governing retirement fund investments (Regulation 28).
South African - Interest Bearing- Short Term
STeFI Composite Index measured over a rolling 12-month period
Yes
Roshen Harry and Sandile Malinga
6 December 2016
Investor Class (A): R20 000
Investor Class (A): R1000 pm
Accrued daily, distributed monthly
| DATE | UNIT | PRICE |
No initial fees are charged
Investor Class (A): 0.50%
No Financial Adviser fee is charged
This funds aims to maximise income while providing investors with relative capital stability. This is achieved by investing in a diversified portfolio of non-equity securities in the South African market.
This fund invests in a flexible mix of non-equity securities in the South African market. It is suitable for short-to-medium term investors looking for an actively managed interest-bearing fund. Compared to traditional money market and enhanced cash funds, the fund can have a longer weighted average duration (maximum 24 months) with no limit on the maximum maturity period for any one instrument.
