Granate Sanlam Collective Investments Unconstrained Fixed Interest Fund

This fund aims to maximise income and capital returns from all interest generating assets over a longer investment horizon with a more flexible duration mandate.

The unconstrained fixed interest mandate of this fund creates the opportunity to express flexible duration positioning across the yield curve and through the interest rate cycle.

The fund focuses on the broad universe of fixed interest, property, inflation linked bonds, preference shares and credit but can also utilise currency exposure to maximise returns.

This fund is expected to provide a higher return than a traditional income portfolio, albeit with higher volatility but less volatile than a bond portfolio through its active duration and currency positioning.

Measured against 125% of the STeFI Composite Index and an internal focus of outperforming the All Bond Index, this fund appeals to investors seeking returns above other fixed interest funds who have a slightly longer term investment horizon. The fund is expected to have significantly less negative return months than the All Bond Index.

Term

Flexible

Horizon

Medium

Investable universe

Fixed Interest, property & preferred shares

Interest rate risk

Variable

Credit exposure

Medium exposure to investment grade instruments

Benchmark

125% of Alexander Forbes Short Term Fixed Interest (STeFI) Composite Index

ASISA category

South African – Multi Asset – Income

If you are interested in this fund, you can download the necessary documentation, or contact us for more information.

Jonathan Myerson

Head of Fixed Interest

Jonathan served as the Head of the Fixed Interest team at Cadiz Asset Management from 2006 to 2015 where he managed the Unconstrained, House View and Inflation-Linked Bond funds. Jonathan has 11 years of sell-side experience having worked as a Fixed Interest Strategist at HSBC from 1995 to 2003 and then at RMB from 2003 to 2006. Jonathan holds an M.Soc.Sci. (Economics) from the University of Cape Town.

Contact Us

Which Funds are you interested in?

Money MarketMulti-Income FundUnconstrained Fixed Interest Fund

+27 21 446 9410