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Discovery Strategic Bond Fund | South African–Interest Bearing–Variable Term
1.1994    -0.0043    (-0.357%)
NAV price (ZAR) Wed 29 Apr 2026 (change prev day)
 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 65 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) 9 046 975 216
Latest Price 1.20
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (31/03) 1.16%
Minimum Investment-
TTM Distribution Yield 7.87%
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 Bonds96.32%  
 Foreign Bonds0.00%  
 SA Property0.00%  
 Foreign Property0.00%  
 SA Cash3.68%  
 Foreign Cash0.00%  
Top Holdings as at 31 Mar 2026
SecurityUnitsValue (Rm)% of Fund
CBFZ 1 096 875 606 1 199.8714.05%
R2040 762 511 709 729.128.54%
R2037 625 335 967 593.466.95%
R209 664 522 338 534.346.26%
R2048 508 180 000 463.795.43%
R214 491 315 000 369.864.33%
R2032 377 143 118 368.484.32%
R2044 397 837 665 367.244.30%
R188 254 521 704 273.303.20%
FUTURES M 0 257.943.02%
Totals  5 157.4260.40%
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