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Independent Alternatives Active Bond 27Four Fund | South African–Interest Bearing–Variable Term
1.1734    -0.0040    (-0.340%)
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 1 Sep 2022
Fund Size (ZAR) 218 986 185
Latest Price 1.17
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (30/09) 0.67%
Minimum Investment-
TTM Distribution Yield 8.64%
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 Bonds97.96%  
 Foreign Bonds0.00%  
 SA Property0.00%  
 Foreign Property0.00%  
 SA Cash2.04%  
 Foreign Cash0.00%  
Top Holdings as at 30 Sep 2025
SecurityUnitsValue (Rm)% of Fund
R2048 50 000 000 43.5621.01%
R2044 49 000 000 43.3320.90%
R2053 28 900 000 32.7315.79%
R2032 28 500 000 28.1413.57%
R2030 25 090 000 25.5212.31%
R2035 20 500 000 20.299.79%
R213 10 000 000 9.554.60%
CASH 0 4.242.04%
Totals  207.34100.00%
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14 Nov1.17-0.00-0.34% 
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