Objective:
The objective is to provide investors with a well diversified exposure to the South African Bond market.

Investment Strategy:
Investments are made in Bonds, Inflation-linked bonds and Money-Market instruments. The benchmark is the ALBI (All Bond Index) with a specified target above the ALBI depending on the flexibility of the mandate.

Investor Profile:
The emphasis is on active management and is suited to investors seeking exposure to domestic bonds.