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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.

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

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