The Fund aims to achieve positive returns regardless of the direction of interest rates, and capitalise on inefficiencies that occur as a result of supply and demand.
The Fund focuses primarily on South African Government Bonds and interest rate derivatives such as swaps and fras. The various yield curves are analysed rigorously on a spot and forward basis using in house proprietary analytical tools that have been built up over the past 20 years. The Fund aggressively takes advantage of short and medium term opportunities and pricing anomalies but concentrates efforts on making gains over the longer term. As such the Fund is not appropriate for short term investment.