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  • Overview
  • About Fund Manager
  • Media
  • Performance
  • Fees
  • Price
  • Fact sheet
Overview
Flexible Income Fund

Flexible Income Fund

The unit trust portfolio is suitable for investors seeking enhanced money market returns, but who have a low tolerance for capital loss and who do not wish to make complex asset allocation decisions between cash, bonds, property and other fixed interest asset classes. The portfolio typically displays higher volatility than a money market unit trust portfolio.

Risk Profile

Low

Minimum Investment

Lump Sum

R10 000

Debit Order

R250

Recommended minimum period

6 months

ASISA Sector

(ASISA) South African MA Income

Inception date

29 October 2004

Benchmark

110% STeFI Call Deposit

Fund managers

Abax Investments, Abax Investments is an owner-managed company that focuses exclusively on investment management. Abax aims to construct diversified portfolios which have the ability to generate performance in a range of market conditions. They are characterised by a small and focused team of experienced investment professionals, with varied expertise in stock selection, fixed interest and asset allocation.Abax Investments was established in 2003 and manages the Nedgroup Investments Rainmaker, Entrepreneur, Opportunity and Flexible Income Funds.

Abax Investments

Abax Investments is an owner-managed company that focuses exclusively on investment management. Abax aims to construct diversified portfolios which have the ability to generate performance in a range of market conditions. They are characterised by a small and focused team of experienced investment professionals, with varied expertise in stock selection, fixed interest and asset allocation. Abax Investments was established in 2003 and manages the Nedgroup Investments Rainmaker, Entrepreneur, Opportunity and Flexible Income Funds. 

Abax incorporates ESG factors into their investment process, enabling them to evaluate companies through a sustainability lens. Behind this process is a team committed to the advancement of responsible investment in South Africa, as evidenced by their 100% voting participation at company AGMs and championing of shareholder rights. Most noteworthy is the degree and depth at which Abax engages with investee companies.

Media

Flexible Income Fund Quarterly Roundup: 2023 Q4

Interest rates, inflation and a seesaw battle between the Fed and the Treasury

Performance

Past performance is not indicative of future performance and does not predict future returns.

  • Return
  • 110% STeFI Call Deposit
  • Cash
  • Inflation
Recommended minimum: 6 months

Annual fees and charges

0.91%

Investment charges

Excluding VAT Including VAT
Fund management fee 0.75% 0.86% +
Fund Expenses 0.04%

Total Expense Ratio 0.90% +
Fund Transacting Costs 0.01%

Total investment charges 0.91%

Price

0.10%

Market change

1 762.49

Fund price

Date Fund price Market change Unit count

Income Distribution

26.48

Cents per unit

31 March 2025

Latest date

Quarterly

Frequency

Downloads

Get the fact sheet

Download the latest information

Income distribution

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Quarterly report

Download the latest information

Responsible Investing

Our responsibility towards our clients’ assets forms the foundation of our investment philosophy and approach.

Learn more about our investment strategy
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