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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 824 | R 893 |
| Local | R 824 | R 893 |
| Foreign | R 0 | R 0 |
| Property | R 0 | R 0 |
| On FoF | R 96 | R 1 |
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Fund Investment Aims, Objective and/or Universe
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The investment objective of the STANLIB Prudential Bond Fund is to provide an efficient investment medium whereby investors can participate in a fund that will seek to achieve maximum overall return, in the form of both interest income and capital growth.The STANLIB Prudential Bond Fund will consist of a spread of predominantly non-equity securities issued by listed corporate institutions and any public entity which may be included in a fund in terms of the Act and relevant legislation, to the maximum permitted by the Act, and any other securities, which may be included in a fund in terms of the Act and relevant legislation, which are consistent with the fund’s investment policy, and which will include but will not be limited to preference shares and property related non-equity securities.The STANLIB Prudential Bond Fund may from time to time invest in financial instruments, in accordance with the provisions of the Act, in order to achieve the fund’s investment objective. |
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