The fund aims to offer a high level of income, together with relative capital stability through a portfolio of Namibian and South African interest-bearing investments. It aims to pay out a high regular income without putting the investor's money at undue risk. It aims to achieve higher than money market returns by
taking on marginally more risk.
WHO IS THIS FUND FOR?
• Investors requiring a regular income from their investment
• Investors looking to safeguard capital from a fall in the stock market
• Investors wishing to phase a lump sum into an equity fund
The fund invests in local interest-bearing investments including fixed and floating rate bonds and money market instruments. The average duration of the fund will always be less than two years, which contributes to its relative capital stability.