This fund is ideal for investors seeking returns from a diversified portfolio of global debt and fixed income securities. The recommended investment horizon is 2 years (or longer when used as strategic exposure to the asset class). Although the fund’s investment universe is global, units are priced in rands. Investors can therefore invest without having to personally expatriate rands.
Global - Interest Bearing - Variable Term
South African Rand
Bloomberg Barclays Global Aggregate Bond Index
M&G Investment Management Ltd (UK)
01 November 2000
Investor Class (A): R2000
Investor Class (A): R500 pm
Distributed bi-annually
Raging Bull and Morningstar/ Standard & Poor's
| DATE | UNIT | PRICE |
No initial fees charged
Investor Class (A): 0.50%
Additional underlying foreign fund fees are dependent on the fund and are included in the TER
Investor Class (A): 0.25%
* Included in Prudential’s annual management fee above
This fund’s objective is to generate investment returns through exposure to global bonds and interest-bearing instruments over the medium term.
This fund is a feeder fund and, other than assets in liquid form and currency contracts, invests only in one underlying fund – the Prudential Global Bond Fund, a US dollar denominated fund domiciled in Ireland. Through this underlying fund, the fund has exposure to a diversified portfolio of global debt and fixed income securities, other collective investment schemes and financial derivative instruments.
