Ashburton SA Income Fund

Suited to investors looking for an alternative to cash or bank deposits over 12 to 36 months

Objective and strategy

The Ashburton SA Income Fund is a specialist fund focusing on high interest-bearing investments. It aims to provide relative capital stability, optimal income returns from interest earning securities and enhance returns through a combination of diversified fixed income strategies. The fund comprises of a combination of bonds, fixed deposits and other interest earning securities which have a fixed maturity date and either have a predetermined cash flow profile or are linked to benchmark yields. The fund does not invest in equity securities, real estate securities or cumulative preference shares. The fund's duration will be limited to a maximum of two years.

Investor profile

This fund is suited to investors who are looking for an alternative to cash or bank deposits over 12 to 36 months and want managed exposure to income generating investments.

Why the Ashburton SA Income Fund?

  • It invests in bonds that can provide a capital gain over time
  • Lower return volatility is expected, compensated for by higher long-term returns
  • It is ideal for a long-term interest solution in an investment portfolio
  • Daily liquidity

Fund data

 

ISIN ZAE000162699 Sedol Bloomberg
Currency South African rand Risk rating Low Domicile South Africa
Launch date 31/12/2011 Fund size 1.6400 bn Dealing Daily
NAV 99.0800 cents Daily change 0.00% Price date 14/10/2021
Annualised performance since 2011: 3.1%

*Hover on chart to see values