This website uses cookies. Read more. Okay

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

Insights

12 Sep 2024

Understanding The Yen Carry Trade And How It Caused Such A Market Fuss

In finance, complex events often get simplified into catchy explanations. Recently, the ‘unwinding of the yen carry trade’ was widely cited as a key catalyst for the turmoil that shook global stock and bond markets…

Read more

05 Sep 2024

Markets In A Nutshell — For August 2024

August started poorly for global equity markets. In the US, disappointing manufacturing data, weaker new jobs numbers and the unemployment rate rising to 4.3% sparked fears of a recession. Meanwhile, the Bank of…

Read more
newsletter subscription