Gert Steenkamp, B Com Economics; IFM Exam 1 - 2 (SAFEX)
After completing his B.Com degree from the University of Pretoria, Gert joined the South African Reserve Bank as trainee dealer: foreign exchange. He was promoted several times before becoming senior dealer: Capital Market in 1992.
He joined Securities Investment Bank in 1993 as dealer: Capital Market before joining SIM in October 1999.
FUND OBJECTIVES AND FOCUS
The fund invests in bonds, fixed deposits and other high income earning securities in order to provide a return in excess of money market funds while maintaining a high degree of liquidity and capital preservation. Target duration of 240 days.
This trust's investments are composed in such a way that it is accessible for pension fund investments. (Reg. 28 of the Pension Funds Act).
Why Choose This Fund?
- This fund is ideal for use as a long-term money market fund.
- It is ideal for investors that want more risk in the money market.
- It is ideal for risk-averse investors, or investors who are waiting for market volatility or global uncertainty to subside.
- The fund should produce returns in excess of money market funds.
-The fund pays out income on a monthly basis.