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| Where I Am? | Home ==> The Funds ==> SA – Interest Bearing – Short Term | |||||||||||||
These funds invest in bonds, fixed deposits and other interest earning securities which have a fixed maturity date and either have a predetermined cash flow profile or are linked to benchmark yields, but exclude any equity securities, real estate securities or cumulative preference shares. To provide relative capital stability, the weighted average modified duration of the underlying assets is limited to a maximum of two. These funds are less volatile and are characterised by a regular and high level of income.
| SA – Interest Bearing – Short Term Funds |
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Nedgroup Investments does not have internal fund managers per se, it select establised asset managers to manage their unit trusts funds.Mvunonala Investments in 2017 was embroid in a scandal that involve the dissappearing of huge monies in Bophelo Beneficiary Fund. It never recover from that scandal.The first ever listing of S&P 500 ETF on the JSE was from CoreShares. |
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| Disclaimer |
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| Please note that unit trusts investmets are generally classified as long-term investment products not suitable for trading and speculation. |