Zero equity exposure; maximum offshore exposure of 45%; complies with retirement fund investment regulations (Regulation 28).
Income distributions
End-March and end-September each year.
Income characteristics
In line with prevailing weighted average South African bond market yields.
Portfolio orientation
A broad spectrum of listed and unlisted SA fixed interest securities of variable durations, reflecting the manager’s assessment of interest rate trends. Weighted average duration will typically be within two years of the ALBI’s.
Risk of loss
Low in periods longer than three years, high in periods shorter than one year.
Fees
Initial, Exit and Switching Fees
0.0%
Fee Structure
Fixed
WHAT IF YOU HAD INVESTED WITH US IN THE PAST?
Experience the compounding phenomenon of a sustained, long-term investment with the Foord International Fund.
Investors showered US stocks with love this Valentine’s month, spurning bonds. The US S&P 500 Index surged 5.2%, closing above the 5,000 level for the first time. The Nasdaq Composite and Dow Jones indices also…