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Fund Asset Allocations (R m)
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| Equities | R 0 | R 0 |
| Local | R 0 | R 0 |
| Foreign | R - | R - |
| Cash Instr. | R 1 506 | R 1 701 |
| Local | R 1 506 | R 1 701 |
| Foreign | R 0 | R 0 |
| Property | R 0 | R 0 |
| On FoF | R 391 | R 290 |
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Fund Investment Aims, Objective and/or Universe
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Absa Bond Fund is a specialist fund in the fixed income funds category whose primary objective is to seek above average income with some capital growth at below average risk to investors.The Fund will provide investors with well-diversified exposure to the South African Bond market as well as other interest bearing instruments and will invest primarily in South African bonds, corporate bonds, gilts, fixed deposits and other interest-bearing instruments of differing terms to maturity, taking into account changes in interest rates, credit risk and liquidity |
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