Victor joined SCMB Treasury in 1996 as a trainee dealer in the foreign exchange markets and later moved to Nedcor Investment Bank as a capital markets dealer. In early 2001, he joined Libam's fixed interest team as a capital markets dealer and assistant to Henk Viljoen.
FUND OBJECTIVES AND FOCUS
The STANLIB Corporate Bond Fund will normally invest in a spread of predominantly non-equity securities issued by listed corporate institutions and any public entity which may be included in a portfolio in terms of the Act and relevant legislation, and any other securities which are consistent with the portfolio's investment policy, including, but not limited to preference shares and property related non-equity securities. The manager will endevour to maintain the exposure to equities issued by listed corporate institutions and public entities at a minimum of 60% of the portfolio. The portfolio will also be allowed to invest in participatory interests of other similar collective investment schemes which are consistent with the portfolio's investment policy and may also include financial instruments in order to achieve the portfolio's investment objective. The portfolio will not be permitted to invest in foreign investment markets. The investment objective of the portfolio will be to seek to achieve maximum overall return in the form of both interest income and capital growth.