Sasfin BCI Optimal Income Fund

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Sasfin BCI Optimal Income Fund
  • Sasfin BCI Optimal Income Fund
  • Year : Aug 2019
3 Tokens
USD 300.00
Summary

The fund’s objective is to offer a specialist income generating portfolio that substantially tracks the South African short-term interest rate cycle (providing an average after-tax yield in excess of that received from MM portfolios), while preserving the capital invested. The fund’s market-value   linked NAV is calculated daily, and is primarily impacted by price effects (on underlying investments) of changing credit risk and interest rates, and whether the fund is cum or ex distribution. Accrued income is paid to investors on a monthly basis. Investor returns depend on the portfolio yield and capital price, fund expenses, and relevant fee category applied.

Additional Information

Factors that could trigger a rating action may include

Positive change: The fund’s high WACR limits upside rating potential. A sustained track record of low volatility, above-benchmark returns, continually reducing investor and credit concentrations and improving liquidity levels could enhance the rating.

Negative change: Mandate breaches, rising investor concentrations, and/or significant deterioration in credit, liquidity and/or market risks metrics.

Related Publication

Investec Money Market Fund (2016-04)

A Credit Rating report is a research report providing detailed analysis utilised by GCR in the accordance of a Credit Rating.

Sasfin BCI Optimal Income Fund

The fund’s objective is to offer a specialist income generating portfolio that substantially tracks the South African short-term interest rat...

GCR Risk Score Snapshot as of Dec 31st 2019

If you are interested in the underlying scores, ratings or a more detailed score breakdown for any of the issuers mentioned, or the methodologies t...

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