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Sanlam Alternative Income Fund
SOUTH AFRICA

Business Summary
Sanlam Alternative Income Fund is an open-ended investment fund. The objective of the portfolio is to offer a liquid, dividend yielding investment which will substantially track the local short-term interest rate cycle. The income distributed to the investors will aim to exceed the average after-tax yield normally received from money market portfolios. The Fund invests in a diversified portfolio of dividend yielding non-equity securities, including Rand denominated redeemable cumulative preference shares, liquid instruments and other securities allowed by CISCA. The fund may also invest in participatory interests of other unit trusts with the same objective. The portfolio will also be allowed to invest in financial instruments, e.g. futures and options as allowed by the Act from time to time .

Scores and Ratings
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Financials, News and Filings
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Industries
SIC Code Description
6722 Management investment offices, open-end


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Sunday, November 3, 2024