STANLIB Flexible Income Fund
STANLIB Extra Income Fund
Download Fund Information
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.
The fund suits investors looking for a reasonable income from investments that also provide for some capital growth over the longer term. The fund is made up of a diversified spread of investments in local and offshore assets including equity, cash, bonds and property. Equity exposure is capped at 40% of the portfolio. The fund invests in South African and foreign investment markets, up to the limits allowed by the ASISA South African Multi Asset-Low Equity classification.
Additional Fund Information
Classification: South African – Interest Bearing – Variable Term
Benchmark: BESA All Bond Index
Regulation 28: Complies