Mandate Overview28 Feb 2020
The fund aims to offer a higher yield than a money market fund by taking advantage of the higher yields offered by a wide range of debt instruments including corporate bonds. This fund will have no equity exposure. Despite the fact that this fund may also invest 30% offshore, this is currently not being implemented and no offshore securities are being held at this stage. The ASISA category limits the average duration of the fund to 2 years.