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Discovery Strategic Bond Fund | South African–Interest Bearing–Variable Term
1.2007    -0.0021    (-0.175%)
NAV price (ZAR) Fri 14 Nov 2025 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 64 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 18 Nov 2020
Fund Size (ZAR) 8 383 203 348
Latest Price 1.20
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (30/09) 1.16%
Minimum Investment-
TTM Distribution Yield 7.97%
Fund Objective
3.1. The investment objective of the portfolio is to achieve moderate outperformance of the JSE ASSA All Bond Index (ALBI) over the medium term by considering a number of strategies across multiple time horizons and strategically choosing investments within this broader scope. 3.2. To achieve the above objective the portfolio will strategically invest primarily in South African debt instruments including public, parastatal, municipal and corporate bonds, inflation linked bonds, loan stock, debentures, fixed deposits and money market instruments, subject to the conditions and/or limits prescribed by the Act. A minimum of 20% of the portfolio's market value will be invested in instruments that are constituents of the ALBI or similar/equivalent instruments....Read more
Asset Classes and Holdings
Asset Classes
 SA Equities0.00%  
 Foreign Equities0.00%  
 SA Bonds132.31%  
 Foreign Bonds0.00%  
 SA Property0.00%  
 Foreign Property0.00%  
 SA Cash-32.31%  
 Foreign Cash0.00%  
Top Holdings as at 30 Sep 2025
SecurityUnitsValue (Rm)% of Fund
CBFZ 1 044 494 026 1 128.9914.18%
R2048 1 215 880 000 1 059.2613.30%
R2037 791 535 967 739.779.29%
R2044 673 037 665 595.117.47%
R2032 538 743 118 531.856.68%
R2040 560 311 709 521.726.55%
R209 470 622 338 373.394.69%
R214 415 315 000 302.603.80%
R2053 201 500 000 228.202.87%
R2033 209 000 000 223.732.81%
Totals  5 704.6471.63%
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14 Nov1.20-0.00-0.17% 
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