Ashburton GOVI Tracker Fund

For investors seeking returns that are in line with the JSE Government Bond Index

What is the fund objective?

The Ashburton GOVI Tracker Fund is managed on an indexation basis and the full economic performance of the fund is aligned with that of the JSE Government Bond Index. This index comprises all bonds issued by the Republic of South Africa that fall into the top 10 positions of the Composite All Bond Index (ALBI).

What is the investment process?

We believe our overall investment philosophy and governance processes are among our key strengths. The investment process ensures that the full economic performance of the fund is in line with that of the index by buying only constituent securities in the same weightings in which they are included in the index and selling only securities which are excluded from the index from time to time as a result of index reviews or corporate actions. This ensures that the index performance and constituents are fully replicated within the fund, reporting minimal tracking errors in the most cost efficient manner. 

Investing with Ashburton Investments

Application forms are here. Once you have made your investment choices and reviewed the fund literature and terms and conditions, complete the appropriate application forms. Your financial advisor will submit all the documents on your behalf, or you can submit them directly to instruct@ashburtoninvest.co.za.

If you require assistance, please speak to your financial advisor or our Client Service Team on telephone 0860 274 287  or  query@ashburtoninvest.co.za.

Why invest in in this fund?

The Ashburton GOVI Tracker is suitable for investors seeking cost efficient, convenient exposure to and returns that are in line with the JSE Government Bond Index. The fund offers bi-annual distributions with no prescribed fixed investment period. The fund can also act as a building block for investors to use when constructing their own portfolios.

ISIN ZAE000220828 Sedol Bloomberg
Currency South African rand Risk rating Low Domicile South Africa
Launch date 04/07/2016 Fund size R226.66 m Dealing Daily
NAV 100.7700 cents Daily change -0.36% Price date 16/10/2019
Annualised performance since 2016: 3.1%

*Hover on chart to see values