Abax Diversified Income Fund Fact Sheet

Fund Details
Fund Sector
SA – Multi Asset – Income
Assets Under Management (R m) (Mar 2019)
R1 107 R 42 3.794%
Number of Accounts (Mar 2019)
55 1 1.8181%
Fund Asset Allocations (R m)
Sector Mar 2019 Dec 2018
Equities R 52 R 49
    Local    R 44    R 42
    Foreign    R 8    R 7
Cash Instr. R 920 R 941
    Local    R 861    R 869
    Foreign    R 59    R 73
Property R 18 R 13
On FoF R 117 R 62
Fund Investment Aims, Objective and/or Universe
Abax Diversified Income is a domestic fund with a flexible mandate to invest across a wide range of local and offshore fixed income asset classes.

The Fund's primary objective is to outperform cash, as represented by 110% of the STeFI Call Index, with a high degree of capital stability.The Fund is suitable for retirement savings.The Fund has a low risk profile, and is suitable for investors seeking high levels of income with limited associated capital volatility.
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