Classification: South African - Multi Asset - Flexible
Tax-Free Savings: No
The Fund invests predominantly in local listed shares which are fully protected by overlay strategies provided by South African banks, as well as money market instruments to meet liquidity requirements. The Fund's income is largely derived from dividends received from the listed counters.
Investors seeking a liquid, low-risk money market offering, with enhanced after-tax yields.
The Fund aims to deliver returns that exceed the after-tax returns of money market Funds. It is managed conservatively, and it aims to maintain capital stability and liquidity
Although this portfolio holds dividend-paying equities it has no effective equity exposure as the market risk of the equities is fully protected by South African Banks and/or Life Assurance Companies, that at the time of investment holds a minimum national scale rating of at least A. This results in stable capital values. The portfolio offers an attractive and stable income yield after tax.
Classification: South African - Interest Bearing - Money Market
Risk Factor Conservative
Classification: South African - Interest Bearing - Short Term
Risk Factor Conservative
Classification: South Africa - Interest Bearing - Money Market
Risk Factor Conservative
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