STANLIB ALBI (Non-Tr) Index Trckr Comment - Mar 16 - Fund Manager Comment17 Jun 2016
The STANLIB ALBI Index Tracker Fund is a passively managed fund. The aim is to replicate the performance of the JSE ASSA All-Bond Non-TR Clean Price Index ("the Index") as closely as possible.
The fund is aimed at investors who seek exposure to the bond market at a reduced cost. This exposure is achieved by holding the index constituents in their index proportions.
The last quarter saw the inclusion of the Eskom Holding Ltd bond with maturity of 12+ years to the index in place of the Development Bank of SA’s bond with maturity of 7-12 years. There were also a number of weight changes to various constituent bonds. The fund was repositioned for all these changes.
Looking ahead
We continue to maintain a tight tracking error to the index whilst keeping track of and adjusting for index reweightings and reconstitutions as and when they happen.
STANLIB ALBI (Non-Tr) Index Trckr Comment - Jan 16 - Fund Manager Comment10 Mar 2016
The STANLIB ALBI Index Tracker Fund is a passively managed fund. The aim is to replicate the performance of the JSE ASSA All-Bond Non-TR Clean Price Index ("the Index") as closely as possible. The fund is aimed at investors who seek exposure to the bond market at a reduced cost. This exposure is achieved by holding the index constituents in their index proportions.
The last quarter saw the inclusion of the Eskom Holding Ltd bond with maturity of 12+ years to the index in place of the Development Bank of SA's bond with maturity of 7-12 years. There were also a number of weight changes to various constituent bonds. The fund was repositioned for all these changes.
Looking ahead
We continue to maintain a tight tracking error to the index whilst keeping track of and adjusting for index reweightings and reconstitutions as and when they happen.