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Prescient Flexible Bond Fund  |  South African-Interest Bearing-Variable Term
1.0166    -0.0058    (-0.567%)
NAV price (ZAR) Thu 3 Oct 2024 (change prev day)


 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 44 Rand-denominated South African--Interest Bearing--Variable Term funds over the last three years (needle right indicates above average performance)
Performance
<i><b>  Size</b></i><hr/>This gauge shows the size of the fund against all Rand-denominated retail funds (needle right indicates a large fund, needle left a small fund)
Size
<i><b>  Diversification</b></i><hr/>This gauge shows the level of diversification relative to other funds in the same second-tier (interest bearing) category (needle right indicates a well-diversified fund)
Diversification
<i><b>  Risk</b></i><hr/>This gauge shows the fund's level of historical risk relative to other funds in the South African--Interest Bearing--Variable Term sector based on 3-year volatility (needle right indicates lower risk within the sector)
Risk

Fund Performance
Period    Return %Growth of R1 000
chart
* Not annualised
Key Facts and Fund Objective
Key Facts
Formation Date 1 Oct 2010
Fund Size (ZAR) 2 998 503 434
Latest Price 101.66
PlexCrowns
Total Expense Ratio (30/06) 0.60%
Minimum InvestmentR10 000
TTM Distribution Yield 9.63%
Fund Objective
INVESTMENT AND RETURN OBJECTIVE The Fund aims to generate returns above the JSE All Bond Index over time, utilising active bond management combined with strategies which aim to reduce risk over time. INVESTMENT PROCESS The Fund invests in cash and high-quality capital market instruments. A number of techniques are used to generate returns, including duration management, yield enhancements via credit exposure and risk management strategies, where these strategies are designed to provide downside protection.
Asset Classes and Holdings
chart
 RSA Equity0.00%  
Int Equity0.00%  
 RSA Bonds99.30%  
 Int Bonds0.00%  
 RSA Real Estate0.00%  
 Int Real Estate0.00%  
 RSA Cash0.70%  
 Int Cash0.00%  
Top Holdings as at 30 Jun 2024
SecurityUnitsValue (Rm)% of Fund