Full basis and award details available on request from the manager.
R
0
bn
Fund Size
0
%
Annualized Return Since Inception*
0
CONSERVATIVE
Risk Profile
Fund Overview
Investor need
An actively managed fund of fixed income securities including corporate and government bonds.
This fund aims to achieve higher yields of income than money market portfolios, while focusing on preserving capital.
Why choose this fund?
- A well-diversified fund of quality assets with low levels of risk.
- A deliberate focus and proven track record of protecting capital and limiting volatility of returns over time
- Actively managed with an agile approach to quickly adapt to changing market conditions.
Portfolio Managers
CA(SA)
Together with Louis van der Merwe, Hannes founded Truffle in 2008. He began his career at Rand Merchant Bank (RMB) in 1989 on the money market desk, where he was instrumental in starting the forward rate agreement market in South Africa. After a couple of years, Hannes joined stockbroking company Huysamer Stals, where he became a director and specialised in trading hybrid instruments between equity and the interest rate markets. In 1996, Hannes was approached by start-up company Mettle (formally known as Boland Financial Services) to take on the role of treasury specialist. The role involved maintaining a close working relationship with Boland Bank and in 1997 he was asked to take over as treasurer of Boland Bank. Through takeovers and mergers, Hannes became the treasurer of NBS Boland Bank and later BoE Bank, which was taken over by Nedbank in 2003. In 2005, he was appointed Head of Global Markets and an EXCO member of Nedbank Capital.
B.Com (Hons) Financial Management
Palvi started her career in 2005 at RMB Asset Management working in the unit trust division. Thereafter she joined First National Bank Private Clients as a structured lender where she was responsible for setting up credit portfolios for high net worth clients. Palvi then joined Dibanisa Fund Managers (Old Mutual Global Trackers) as a Portfolio Manager, where she was responsible for managing over R20 billion of domestic funds tracking fixed income, equity and property stocks, and international funds and ETF’s tracking global equity markets, including large and small caps, listed property and African shares. This included managing over 20 different portfolios and markets.
She then joined Maru Asset Managers, a boutique firm, as the Portfolio Manager. At Maru, Palvi managed an enhanced indexation strategy (blending active and passive management) and a balanced fund. She also served on the board of Maru Asset Managers. Thereafter she joined Makalani Management Company as the Portfolio Manager for their fixed income fund.
She then moved over to Truffle Asset Management as an analyst in the fixed income team. Palvi graduated with a BCom (Investment Management) and a BCom (Hons) (Financial Management) from the University of Pretoria. She has completed her CFA Level II, the Registered Persons Exams and the JSE Registered Traders Exam.
Fund Details
STeFI Composite ZAR
Benchmark
22 September 2016
Fund Inception Date
Monthly
Income Distribution
South African - Interest Bearing - Short Term
ASISA Fund Classification
1 - 2 years
Ideal Investment Timeframe
15:00
Portfolio Valuation Time
ZAR 500
Minimum Monthly Investment
ZAR 10 000
Minimum Lump Sum Investment
TMICA
Ticker
Performance
No Data Found
No Data Found
No Data Found
No Data Found
Returns are as of 30 September 2024.
Sector: (ASISA) South African – Interest Bearing – Short Term
Performance data source: © Morningstar.
12.99
Highest Annual Return
6.19
Lowest Annual Return
Annualized return is the weighted average compound growth rate over the performance period measured.
Investment performance is for illustrative purposes only. Investment performance is calculated by taking the fees into account and income is reinvestment on the reinvestment date. Investment growth is for the amount of R10 000 since inception of the fund.
The value of investments, as well as any income earned from them, might decline as well as rise. Historical performance is not a predictor of future outcomes. If the currency displayed differs from your local currency, currency movements may cause returns to rise or decrease. Investment objectives and performance targets may not be met, and losses may occur. We advise you to obtain independent financial counsel to ensure that this Fund is appropriate for your investing needs. Performance is not given for share classes that have been in existence for less than 12 months. No assurance is made that any investment will or is likely to produce profits or losses comparable to those obtained in the past, or that losses will be avoided. When compared to other performance charts or marketing material, the charts presented may utilize various Sector performance start dates, resulting in slight discrepancies.
Fund Statistics
0
Running Yield
0
Modified Duration
Data for 1 month ended 30 September 2024.
Data source: Truffle Asset Management.
Portfolio Positioning
No Data Found
Data as of 30 September 2024.
Data source: © Morningstar.
Literature
Fees & Charges
0
%
Maximum Initial Advice Fee
0
%
Maximum Annual Advice Fee
0
%
Manager Annual Fee
0
%
Total Expense Ratio (TER)
0
%
Transaction Costs (TC)
0
%
Total Investment Charges (TIC)
All charges and fees are VAT inclusive for the A class.
TER measurement period: 01 July 2021 to 30 June 2024.