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1.0000
0.00
(0.00%)
NAV price (ZAR) Mon 30 Jun 2025 (change prev day)
Fund Performance
| Period Return %Growth of R1 000 |
 |
| * Not annualised |
| Period Return %Growth of R1 000 |
|
| * Not annualised |
Key Facts and Fund Objective
| Key Facts |
| Formation Date | 25 May 2007 |
| Fund Size (ZAR) | 7 723 737 551 |
| Latest Price | 100.00 |
| PlexCrowns | |
| Total Expense Ratio (31/03) | 1.11% |
| Minimum Investment | R100 000 |
| TTM Distribution Yield | 5.54% |
| Key Facts |
| Formation Date | 25 May 2007 |
| Fund Size (ZAR) | 7 723 737 551 |
| Latest Price | 100.00 |
| PlexCrowns | |
| Total Expense Ratio (31/03) | 1.11% |
| Minimum Investment | R100 000 |
| TTM Distribution Yield | 5.54% |
| Fund Objective |
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The objective of the Sanlam Alternative Income Fund (SAIF or the fund) is to offer a liquid, mainly dividend-yielding investment that will track the South African short-term interest rate cycle. Income distributed to investors will aim to exceed the average after tax yield normally received from money market portfolios.
The credit risk is diversified in credit-rated investments of a high credit quality. Investments are in rand-denominated, redeemable, cumulative preference shares and liquid instruments.
The fund has a conservative investment mandate that will follow a risk profile focused on capital preservation subject to strict criteria, in accordance with the requirements of the Collective Investments Schemes Control Act (CISCA)....Read more
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| Fund Objective |
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The objective of the Sanlam Alternative Income Fund (SAIF or the fund) is to offer a liquid, mainly dividend-yielding investment that will track the South African short-term interest rate cycle. Income distributed to investors will aim to exceed the average after tax yield normally received from money market portfolios.
The credit risk is diversified in credit-rated investments of a high credit quality. Investments are in rand-denominated, redeemable, cumulative preference shares and liquid instruments.
The fund has a conservative investment mandate that will follow a risk profile focused on capital preservation subject to strict criteria, in accordance with the requirements of the Collective Investments Schemes Control Act (CISCA).
Why Choose This Fund?
* An ideal core cash holding for investors who have a high marginal tax rate.
* SAIF is the first "new generation" dividend fund in the industry, structured essentially as a preference share conduit fund.
* The portfolio will invest only in redeemable cumulative preference shares and in liquid instruments, and will not invest in non-redeemable (perpetual) preference shares, or preference shares that offer a fixed rate of return.
* A proven market demand exists for an investment product that offers:
- Enhanced yields mainly in the form of tax-free dividends.
- Capital stability in the form of a constant unit price to be maintained.
- No capital gains tax implications.
- Low capital risk.
- No market or interest rate risk.
- Distributions on a monthly basis.
- Investor protection within the highly regulated CIS arena.
Additional Fund Information
* A constant unit price of 100c will be maintained.
* The fund may be closed for new investments.
* The fund has a credit rating of za.AAi from CA-Ratings.
* The return will be in the form of tax free dividends and a portion of taxable interest income.
* The fund offers 48 hour liquidity, subject to the provisions of the deed.
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| Fund Objective |
|
The objective of the Sanlam Alternative Income Fund (SAIF or the fund) is to offer a liquid, mainly dividend-yielding investment that will track the South African short-term interest rate cycle. Income distributed to investors will aim to exceed the average after tax yield normally received from money market portfolios.
The credit risk is diversified in credit-rated investments of a high credit quality. Investments are in rand-denominated, redeemable, cumulative preference shares and liquid instruments.
The fund has a conservative investment mandate that will follow a risk profile focused on capital preservation subject to strict criteria, in accordance with the requirements of the Collective Investments Schemes Control Act (CISCA)....Read more
|
|
| Fund Objective |
|
The objective of the Sanlam Alternative Income Fund (SAIF or the fund) is to offer a liquid, mainly dividend-yielding investment that will track the South African short-term interest rate cycle. Income distributed to investors will aim to exceed the average after tax yield normally received from money market portfolios.
The credit risk is diversified in credit-rated investments of a high credit quality. Investments are in rand-denominated, redeemable, cumulative preference shares and liquid instruments.
The fund has a conservative investment mandate that will follow a risk profile focused on capital preservation subject to strict criteria, in accordance with the requirements of the Collective Investments Schemes Control Act (CISCA).
Why Choose This Fund?
* An ideal core cash holding for investors who have a high marginal tax rate.
* SAIF is the first "new generation" dividend fund in the industry, structured essentially as a preference share conduit fund.
* The portfolio will invest only in redeemable cumulative preference shares and in liquid instruments, and will not invest in non-redeemable (perpetual) preference shares, or preference shares that offer a fixed rate of return.
* A proven market demand exists for an investment product that offers:
- Enhanced yields mainly in the form of tax-free dividends.
- Capital stability in the form of a constant unit price to be maintained.
- No capital gains tax implications.
- Low capital risk.
- No market or interest rate risk.
- Distributions on a monthly basis.
- Investor protection within the highly regulated CIS arena.
Additional Fund Information
* A constant unit price of 100c will be maintained.
* The fund may be closed for new investments.
* The fund has a credit rating of za.AAi from CA-Ratings.
* The return will be in the form of tax free dividends and a portion of taxable interest income.
* The fund offers 48 hour liquidity, subject to the provisions of the deed.
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