The Fund aims to generate real return in US Dollars and is benchmarked to the US 90 day Treasury Bill rate, converted to Rands.
The investment universe includes fixed, floating, real and nominal money market and bond market
investments, property, derivatives and global currencies. Fund performance can be generated from taking
interest rate views or duration, yield enhancement via credit instruments, asset allocation between income
producing asset classes, the use of derivatives and currency management. Focus is placed on maintaining the high credit quality of the Fund.
Investors seeking a hedge against any rand depreciation while gaining exposure to high yielding offshore
assets that are not available locally....Read more