This website uses cookies. Read more. Okay

SA Income

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


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).


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). 


30 Nov 2023

Unmasking the Bond Vigilantes: Guardians of Fiscal Responsibility

In November, the US Federal Reserve paused interest rates for a second time instead of hiking rates further. However, the US bond market did its own hiking, with yields on US government bonds surging across the…

Read more

30 Nov 2023

Artificial Intelligence - Opportunities, Hype Cycles and How Foord Finds Value

In this video, Foord Asset Management portfolio managers Brian Arcese, Ishreth Hassen and JC Xue, explore the transformative impact of Artificial Intelligence (AI) in business and investment. They discuss AI's role…

Watch now
newsletter subscription