INCOME FUND
What is INCOME FUND?
Income Fund? The Vunani Botswana Income Fund has been specifically developed to meet the growing demand for conservative income solutions in Botswana. The fund invests locally and regionally with the primary offshore investment destination being South Africa.
Who should invest?
The fund caters for professional investors and high net worth individuals. It is therefore suitable for investors looking for a relatively liquid investment with exposure to fixed instruments, which may suffice as a stand-alone investment solution or form part of a diversified portfolio of investments, but who also understand the additional risks associated with the fund.
Risk factors to be considered
Exposure to unlisted credit will increase the risk profile of the fund. As such, loss of capital is unlikely but may occur. Exposure to offshore securities will also introduce currency risk to the investor.
Quick facts
Vehicle: Collective investment scheme Investment objective: To obtain a reasonable level of current income while maintaining maximum stability for capital invested. lnvestable universe: It may invest in a range of fixed income securities including non-equity securities and unsecured notes. The fund may invest in both listed and unlisted securities and may use derivatives to help manage risk or to seek higher returns. Benchmark: 90% of Botswana Bond Index plus 10% average call rate plus 2%.
Investment information, fees, prices and returns displayed on this page should be reviewed and approved before publication. Indicative returns are not guarantees of future performance.