This is an income fund which invests in a variety of bonds including corporate bonds, treasury bonds and other fixed-income securities, minimizing the risk involved with investing directly in bonds. It allows for immediate liquidity, giving an edge over bonds in the market which are not easily disposed of. The income fund looks to achieve a reasonable level of current income with maximum stability for the capital invested. The Fund is suitable for investors seeking a regular income from their investment periodically, ideally after a 2 – 3 year period.
Required disclosures
Effective Annual Yields
1 - 31 October 2023 | 13.39% | Jul - Sep 2023: 12.00% | Jan – Oct 2023: 9.87%
Highest price 2022: 7.70% | Lowest price 2022: 3.86%
1 year: Jan 2022 – Dec 2022 – 6.31% | 3-year: Jan 2019 – Dec 2022 – 6.29% | 5-year: Jan 2017 – Dec 2022 – 6.39%
The effective annual yield is net of fees and gross of withholding tax. Past performance does not guarantee future investment performance as yields may vary depending on market, political and economic circumstances. In certain circumstances the right to redeem units may be suspended. The Capital Markets Authority does not take responsibility for the financial soundness of the scheme or for the correctness of any statements made or opinions expressed in this regard.
