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Foord Flex Income Fund

For investors seeking high income yields and low tolerance for loss over an investment horizon of one to two years

INVEST NOW

INVESTMENT OBJECTIVE

To achieve high levels of income with some prospects of capital gain and low probability of capital loss over an investment horizon of 12 months to two years.

FOR SOUTH AFRICAN INVESTORS

  • Seeking high income yields
  • With some prospects for capital growth 
  • And low tolerance for capital loss over the investment horizon.

FUND MANAGERS

Farzana Bayat

Portfolio Manager

Rashaad Tayob

Portfolio Manager and Macro Strategist

Characteristics
Benchmark

110% of Alexander Forbes Short-term Fixed-interest Call Deposit Index. 
Time horizon

One to two years.
Inception date

1 October 2022
Minimum investment

R20 000 lump sum or R1 000 per month
Significant restrictions

Maximum equity exposure of 10%; maximum property exposure of 25%; maximum offshore exposure of 45%; complies with retirement fund investment regulations (Regulation 28).
Income distributions

End-March, end-June, end-September and end-December each year
Income characteristics

High income yield, expected to exceed average money market yields.
Portfolio orientation

A dynamic mix of listed and unlisted SA fixed interest securities and listed property counters, with some select foreign securities and active currency management. Weighted average duration is typically less than three years.
Foreign assets

Direct investment in global non-equity hard-currency securities, with active currency management.
Risk of loss

Low in periods longer than one year, moderate in periods shorter than six months.
Fees
Initial, Exit and Switching Fees

0.0%
Fee Structure

Fixed
Invest now

WHAT IF YOU HAD INVESTED WITH US IN THE PAST?

Experience the compounding phenomenon of a sustained, long-term investment with the Foord International Fund.

Calculate
Using rand returns of Foord’s best investment view South African funds. ? In calculating the current value of your hypothetical investment, we have applied the returns of Foord Asset Management’s retirement fund track record from 1 January 1990 to 31 March 2008 (gross of fees) combined with the net returns of the Foord Flexible Fund of Funds from 1 April 2008. Any information provided is not intended nor does it constitute financial, tax, legal, investment, or other type of advice, and the suitability or potential value of any information or particular investment source is not guaranteed. Performance may be affected by changes in the market or economic conditions and legal, regulatory and tax requirements. Distributions may be subject to mandatory withholding taxes. Foord does not provide any guarantee either with respect to the capital or the performance return of investments.
Using US dollar returns of Foord’s best investment view global fund. ? In calculating the current value of your investment, we have applied the long-term returns of the Foord International Trust. These returns are calculated net of fees. Past performance is no guarantee of future performance. Foord Asset Management (Singapore) Pte. Limited disclaims any liability for any loss, liability, or damages (whether direct or consequential) of any nature whatsoever that may be suffered as a result of, or which may be attributable, directly or indirectly to the use of or reliance upon the information provided.
Value Today: R0
Annualised Return: 0%
The annualised return is the effective annual percentage return achieved over the term of the investment. Results for an investment term of less than one year should be treated with caution.

Document Downloads

Foord Flex Income Fund - Fact Sheet - April 2024

Insights

08 May 2024

Quarterly Conversations Q1 2024 I Foord South African Equity

Linda Eedes talks to portfolio manager Wim Murray about how Foord’s South African equity strategies have performed, what’s happening in the market and how Foord is positioned going forward.

Listen now

08 May 2024

Quarterly Conversations Q1 2024 I Foord Multi Asset

Linda Eedes talks to Foord South Africa Chief Investment Officer Nick Balkin about how Foord’s multi-asset strategies have performed, what’s happening in the market and how Foord is positioned going forward.

Listen now
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Foord Asset Management

TEL: +27 (0)21 532 6988

FAX: +27 (0)21 532 6999

INFO@FOORD.CO.ZA