New Road BCI Income Fund of Funds

New Road BCI Income
Fund of Funds

The New Road BCI Income FoF aims to provide a solution to the conservative investor that utilises various yield-bearing instruments to obtain an enhanced level of income, whilst maintaining capital stability.

download the latest MDD here

This fund falls within the following ASISA category:
SA Multi-Asset Income

Objectives

Benchmark:
SteFI Composite Index

Target Return:
South African Inflation (CPI) + 1.5% over a rolling
1-year term

Benchmark:
SteFI Composite Index

Target Return:
South African Inflation (CPI) + 1.5% over a rolling
1-year term

Strategy

The strategies we employ to achieve the above objectives are:

  • Invest in local income instruments, with total equity exposure limited to a maximum of 10% of the portfolio’s net asset value, and listed property exposure limited to 25%.
  • Use global income instruments if opportunities present themselves.
  • Construct the components of the fund using predominantly active solutions.
  • Ensure that the fund complies with Regulation 28