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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 1 720 | R 1 579 |
| Local | R 1 720 | R 1 579 |
| Foreign | R 0 | R 0 |
| Property | R 0 | R 0 |
| On FoF | R 0 | R 0 |
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Fund Investment Aims, Objective and/or Universe
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The Fund aims to provide investors with a real return over the long-term and outperform the JSE All Bond Index at no greater risk.The Fund invests in South African interest bearing securities.
Securities include national government, parastatal, municipal, corporate bonds and money market instruments.The Fund price is sensitive to interest rate movements because of the long-term nature of the Fund’s investments.The duration of the Fund may differ materially from the benchmark.The Fund is managed to comply with investment limits governing retirement funds. |
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