Alexander Forbes Investments Superior Yield Fund
MANAGEMENT Fund Manager's Comment
Glenn T Silverman, BCom; BAcc CA (SA); CFA
Glenn qualified as a chartered accountant in 1990 after completing his articles with firm Kessel Feinstein. He then spent two years in commerce before joining a major asset management company where he gained two and a half years practical experience in research and fund management. He worked for the RMB Asset Management team before joining Investment Solutions
FUND OBJECTIVES AND FOCUS

The investment objective of the Investment Solutions Superior Yield Unit Trust is to provide a return in excess of Money Market funds while maintaining a high degree of liquidity and capital preservation. In contrast to a 'Money Market Unit Trust' the Investment Solutions Superior Yield Unit Trust will be permitted to invest in securities with a maximum time to maturity of 36 months (as opposed to 'Money Market Unit Trusts which are limited to 12 months).Investments to be included in the Investment Solutions Superior Yield Unit Trust will include a combination of gilts, cash and other interest bearing securities of a similar nature. The Investment Solutions Superior Yield Unit Trust will predominantly invest in locally issued short term income securities but is permitted to invest a proportion of the fund in locally issued longer dated instruments should the market conditions permit.


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WEBGRAPH
RANKING
SectorSouth African-Interest Bearing-Short Term
SizeR3,494,250,290
Sector Rank: 18 out of 29
(lump sum over 3 years to 31 July 2019)
Overall Rank: 143 out of 1038
(lump sum over 3 years to 31 July 2019)
R1000 invested on 31 July 2016 was worth R 1271 at 31 July 2019
( 8.32% annual compound return)
R100 per month since 31 July 2016 was worth R 4076 at 31 July 2019
( 7.93% annual return compounded monthly)
TECHNICAL OVERVIEW
Formation Date:17 SEP 2001 Holdings:165
Original Price:100 Pricing:Forward
Top Holdings on 31 July 2019
Share (Sector)No.Value% of Fund
SBK20 (Bond)44,683,72345,380,309 1.30 %
CASH (Cash on call)041,667,290 1.19 %
MONEYMARK (Money Market)0538,975,491 15.42 %
TOTAL R626,023,09017.91%

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