Investment and Return Objective
The Fund aims to generate returns above the JSE All Bond Index over time, utilising active bond management combined with strategies which aim to reduce risk.
The Fund invests in cash and high-quality capital market instruments. A number of techniques are used to generate returns, including duration management, yield enhancements via credit exposure and risk management strategies, where these strategies are designed to provide downside protection.
Who Should Invest
Investors requiring a specific allocation to the bond market but are prepared to give the fund manager some discretion to exercise his views on value in the bond market.
Risk Indicator = Moderately Conservative
Risk Indicator Definition
This portfolio invests in longer duration bonds, resulting in some capital volatility over the shorter term. It is managed in such a manner that the probability of capital losses over one year periods is unlikely. This portfolio typically targets a return in the region of 2% - 3% above inflation before tax over the long-term.