Foord Income Fund

Alexander Forbes STEFI  Composite Index

Six months to one year

1 October 2022

R20 000 lump sum or R1 000 per month

Zero equity exposure; zero offshore exposure; maximum weighted average duration of two years; complies with retirement fund investment regulations (Regulation 28)

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

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

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.

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

Low in periods longer than one year, moderate in periods shorter than six months.

0.0%

Fixed