The Discovery Diversified Income Fund invests in a combination of local and international government bonds, corporate bonds, listed property assets and other securities that offer a high income yield. The fund includes prudential international exposure.
The fund follows a specialist fixed income strategy, based on a rigorous research process. It uses a fundamental investment process. The fund is compliant with Regulation 28 of the Pensions Funds Act.
The fund aims to outperform South African bond indices as measured by the benchmark over rolling two year periods.
It further aims to provide investors with a high level of income while seeking opportunities to maximise capital gains.