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Independent Alternatives Active Bond 27Four Fund | South African–Interest Bearing–Variable Term
1.2061    -0.0023    (-0.190%)
NAV price (ZAR) Wed 11 Mar 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 66 Rand-denominated South African--Interest Bearing--Variable Term funds over the last three years (needle right indicates above average performance)
Performance
<i><b>  Size</b></i><hr/>This gauge shows the size of the fund against all Rand-denominated retail funds (needle right indicates a large fund, needle left a small fund)
Size
<i><b>  Diversification</b></i><hr/>This gauge shows the level of diversification relative to other funds in the same second-tier (interest bearing) category (needle right indicates a well-diversified fund)
Diversification
<i><b>  Risk</b></i><hr/>This gauge shows the fund's level of historical risk relative to other funds in the South African--Interest Bearing--Variable Term sector based on 3-year volatility (needle right indicates lower risk within the sector)
Risk
Fund Performance
NAV and TRI Performance
  TRI
  NAV
   3 Months 6 Months 1 Year 3 Years 5 Years
Period    Return %Growth of R1 000
chart
* Not annualised
Key Facts and Fund Objective
Key Facts
Formation Date 1 Sep 2022
Fund Size (ZAR) 230 382 472
Latest Price 1.21
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (31/12) 0.67%
Minimum Investment-
TTM Distribution Yield 8.36%
Fund Objective
The Fund will seek to follow an investment policy which will secure for investors medium to long-term capital growth as well as a regular level of income
Asset Classes and Holdings
Asset Classes
 SA Equities0.00%  
 Foreign Equities0.00%  
 SA Bonds99.48%  
 Foreign Bonds0.00%  
 SA Property0.00%  
 Foreign Property0.00%  
 SA Cash0.52%  
 Foreign Cash0.00%  
Top Holdings as at 31 Dec 2025
SecurityUnitsValue (Rm)% of Fund
R2048 32 865 000 32.6914.36%
R2035 29 043 000 31.1713.70%
R2032 27 469 000 28.7712.64%
R2030 27 228 000 28.7712.64%
R2037 25 924 000 26.7111.74%
R2040 21 738 000 22.659.95%
R2044 21 927 000 21.919.63%
R2053 9 621 000 12.505.49%
R213 8 020 000 8.033.53%
R214 7 238 000 5.922.60%
Totals  219.1196.28%
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11 Mar1.21-0.00-0.19% 
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