Fund Overview

The STANLIB Extra Income fund suits investors who need a reasonable level of income but would like to protect their capital invested within a medium-term investment environment. The fund invests in a flexible mix of high yielding instruments, including money market instruments, bonds and fixed deposits. It will invest predominantly in South African fixed interest markets.

Additional Fund Information

Classification: South African - Interest Bearing - Short Term
‍Benchmark: STeFI Composite Index
‍Regulation 28: Complies

Fund Managers

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Victor Mphaphuli

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Mary Hartigan

Overview

STANLIB Fixed Income is one of the largest fixed income asset managers in South Africa with one of the strongest and broadest fixed income capabilities in the country.

We have a compelling investment philosophy and process which has delivered great results for our clients over many years and different market environments. We add value through the implementation of a multi-dimensional approach to active management using interest rate cycles, yield curve shape changes, duration management, credit positioning and relative value analysis.

Investment Philosophy

STANLIB Fixed Income believes that over time fixed income markets are efficient and will revert to fair value levels. In the short term inefficiencies can exist that lead to valuations deviating from these fundamental values, providing tactical opportunities to generate enhanced returns. As an active fixed income manager, we regularly exploit these inefficiencies to add value to our client portfolios.

We believe that by employing our extensive experience, resources, expertise and leveraging off the size of our business, we can exploit market inefficiencies, by actively identifying diverse sources of value-add opportunities.

Our investment philosophy is strongly rooted in economic fundamentals. All our investment decisions are backed by sound research, market experience and our ability to execute quickly when markets move. Unlike many other fixed income managers, we do not simply buy and hold but stay close to the markets to identify and take advantage of opportunities. The core of our investment philosophy and process has remained the same for over 20 years. This has created consistency and team-wide deep knowledge of what we do and why we do it.

Why Us?

We are one of the largest fixed income managers in SA, which gives us a competitive advantage in negotiating preferential interest rates on investment opportunities. We have a highliy experienced team who create tailored solutions. As a significant industry player, we deliver consistent outcomes.

Investment Team

Our seasoned fixed income team is unrivalled in size and experience and are flexible, dynamic managers who analyse the whole fixed income market, giving us a broad view on opportunities and risks. Whether it is the short end of the curve or long end, we can take a view across the fixed income spectrum, which gives us greater flexibility to realise our investment ideas.

Victor Mphaphuli

The investment team is headed by Victor Mphaphuli and our investment professionals hold 200 years of collective investment experience.

Our Funds

LOCAL

STANLIB Money Market Fund

STANLIB Income Fund

STANLIB Flexible Income Fund

STANLIB Bond Fund

STANLIB Extra Income Fund

STANLIB Enhanced Yield Fund

OFFSHORE

STANLIB US Dollar Cash Fund

STANLIB USD Currency Fund of Funds

STANLIB Global Bond Fund

STANLIB Global Bond Feeder Fund