These funds invest in bonds, fixed deposits and other interest earning securities which have a fixed maturity date and either have a predetermined cash flow profile or are linked to benchmark yields, but exclude any equity securities, real estate securities or cumulative preference shares. To provide relative capital stability, the weighted average modified duration of the underlying assets is limited to a maximum of two. These funds are less volatile and are characterised by a regular and high level of income.
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SA – Interest Bearing – Short Term Funds
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SA – Interest Bearing – Short Term |
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Did You Know ? |
The first ever listing of S&P 500 ETF on the JSE was from CoreShares. |
Alex Forbes entered the collective investments industry by acquiring the the asset manager Investment Solutions in late 2010s. |
Asset manager Prescient Asset Management was founded by the Guy brothers Herman and Toms. |
While being founded in 1993, only in 1996 that Coronation FM entered the unit trusts industry |
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These funds invest in bonds, fixed deposits and other interest earning securities which have a fixed maturity date and either have a predetermined cash flow profile or are linked to benchmark yields, but exclude any equity securities, real estate securities or cumulative preference shares. To provide relative capital stability, the weighted average modified duration of the underlying assets is limited to a maximum of two. These funds are less volatile and are characterised by a regular and high level of income.
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