This website uses cookies. Read more. Okay

SA Income

For investors with low tolerance for capital loss seeking income yields exceeding money market portfolios.

OVERVIEW

The strategy aims to provide an income yield exceeding returns from money market portfolios with low probability of capital loss over an investment horizon of six months to one year. The benchmark is the Alexander Forbes Short-term Fixed-interest Composite Index (Stefi).

STRATEGY

To achieve its goal, the strategy invests in a broad spectrum of listed and unlisted South African interest-bearing securities, with the weighted average duration of the portfolio being typically less than 18 months. The portfolio may not invest in equities or listed property and will not invest offshore. The maximum weighted average portfolio modified duration is limited to two years, but will likely trend below 18 months. The portfolio is managed to comply with the statutory investment limits set for retirement funds in South Africa (regulation 28). 

Insights

13 Aug 2026

What matters more than getting market forecasts right? 

Dalphin Hou and Brian Arcese unpack why successful investing is less about calling the next market move and more about being prepared for a range of outcomes. Join the conversation on what inflation, interest rates…

Listen now

04 Aug 2026

MARKETS IN A NUTSHELL — FOR JULY 2026

July brought an uneasy sense of déjà vu to markets. The fragile ceasefire between America and Iran collapsed, missile exchanges resumed and the Strait of Hormuz was once again closed to traffic. Iran struck tankers…

Read more
newsletter subscription
Sign Up Now