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M&G Income Fund | South African–Interest Bearing–Short Term
Reg Compliant
1.0216    -0.0001    (-0.010%)
NAV price (ZAR) Fri 5 Dec 2025 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 55 Rand-denominated South African--Interest Bearing--Short 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--Short 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 6 Dec 2016
Fund Size (ZAR) 351 961 260
Latest Price 1.02
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (30/09) 0.61%
Minimum InvestmentR20 000
TTM Distribution Yield 8.35%
Fund Objective
The Fund invests in a flexible mix of non-equity securities in the South African market. It is suitable for short-to-medium term investors looking for an actively managed interest-bearing fund. Compared to traditional money market and enhanced cash funds, the Fund can have a longer weighted average duration (maximum 24 months) with no limit on the maximum maturity period for any one instrument. The Fund is managed to comply with regulations governing retirement fund investments (Regulation 28).
Asset Classes and Holdings
Asset Classes
 SA Equities0.00%  
 Foreign Equities0.00%  
 SA Bonds97.41%  
 Foreign Bonds0.00%  
 SA Property0.00%  
 Foreign Property0.00%  
 SA Cash2.59%  
 Foreign Cash0.00%  
Top Holdings as at 30 Sep 2025
SecurityUnitsValue (Rm)% of Fund
RN2030 44 680 000 44.9613.06%
RN2032 41 000 000 42.1312.23%
SBS52 27 390 000 28.898.39%
FRJ29 25 680 000 26.707.75%
MM-27MONTH 0 24.257.04%
ABFN23 20 150 000 20.726.02%
MM-11MONTH 0 19.115.55%
ABFN64 17 120 000 17.345.04%
NBK47B 11 410 000 11.763.41%
MM-29MONTH 0 10.473.04%
Totals  246.3271.54%
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