Fund Summary
The 10X Income Fund is suitable for investors seeking a high level of income and long-term capital stability that is achieved with cost-effective exposure to a range of local and international interestbearing assets. The recommended time horizon is 3 years and longer as returns may be volatile over shorter periods.
Benefits to Investors
Income
Aims to paya high and consistent level of income by investing in fixed income and cash instruments
Diversification
Allocates your investment in a way that reduces the exposure to any one particular asset or risk
Capital Stability
Long-term stability on capital invested, through investing predominantly in fixed income and market market instruments
Unit Trust Details
| Current price / NAV | R 10 343.05 |
| Fund size | R 11 512 927.12 |
| Current Yield to Maturity | 9.5 (as of 4 Dec 2023) |
General Fund Details
| Classification | South African - Multi-Asset - Income |
| Benchmark | STeFI Composite Index + 1.0% (return target CPI+2.5%) |
| Distribution dates | January, February, March, April, May, June, July, August, September, October, November, December |
| Asset manager | 10X Investments (Pty) Ltd |
| Trustee | Rand Merchant Bank |
| Auditor | PWC South Africa |
| Risk profile | Conservative (2/5) |