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Ninety One High Income Fund | South African–Interest Bearing–Short Term
1.1667    +0.0001    (+0.009%)
NAV price (ZAR) Fri 3 Oct 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 9 Feb 1994
Fund Size (ZAR) 29 188 711 015
Latest Price 1.17
PlexCrowns (Senior)
PlexCrowns (Junior)
Total Expense Ratio (30/06) 0.87%
Minimum InvestmentR10 000
TTM Distribution Yield 8.37%
Fund Objective
Investment objective The Ninety One High Income Fund aims to maximise income and grow capital. The fund targets returns in excess of the benchmark, measured over one year periods. Strategy The fund invests in high-yielding South African fixed-income assets, including government and corporate bonds, fixed deposits and money market instruments. The fund is actively managed and the maximum average duration of assets is two years. Fund features o A specialist fixed-income fund, which can form part of a larger portfolio o The focus is on reducing volatility of returns and preserving capital through active management o Lower volatility than a traditional bond fund o Ideal vehicle for investors requiring income ...Read more
Asset Classes and Holdings
Asset Classes
 SA Equities0.00%  
 Foreign Equities0.00%  
 SA Bonds86.57%  
 Foreign Bonds0.00%  
 SA Property0.00%  
 Foreign Property0.00%  
 SA Cash13.43%  
 Foreign Cash0.00%  
Top Holdings as at 30 Jun 2025
SecurityUnitsValue (Rm)% of Fund
BONDS 0 1 834.716.68%
INCMMZ 1 430 053 129 1 430.055.20%
RN2030 902 600 000 899.393.27%
MONEYMARK 0 755.542.75%
CASH 0 543.081.98%
TNFG34 414 600 000 430.181.57%
FRJ27 379 300 000 392.661.43%
FRJ28 340 900 000 346.491.26%
ABFN73 328 400 000 334.511.22%
SBS67 308 400 000 315.351.15%
Totals  7 281.9526.50%
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3 Oct1.17+0.00+0.01% 
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