Fund Summary
The 10X SA ILB Index Fund is suitable for conservative investors seeking above-inflation capital growth and inflation-linked income over a time horizon longer than 3 years. The Fund offers a low-cost exposure to inflation-linked bonds issued by the SouthAfrican Government and is an ideal core building block in a diversified investment portfolio. The fund is Regulation 28 compliant and may be used in retirement annuities, pension funds, provident funds, and preservation funds.
Benefits to Investors
Income
Suitable for investors seeking Inflation Linked income over a 3-year time horizon
Broad Exposure
Provides above-inflation capital growth over a 3-year time horizon
Unit Trust Details
Current price / NAV | R 93.83 |
Fund size | R 1 789 575 530.62 |
Current Yield to Maturity | 10.3 (as of 29 Feb 2024) |
General Fund Details
Classification | South African - Interest Bearing - Variable Term |
Benchmark | S&P South Africa Sovereign Inflation Linked Bond 1+ Year Index |
Distribution dates | March, June, September, December |
Asset manager | 10X Investments (Pty) Ltd |
Trustee | FirstRand Bank Limited |
Auditor | PricewaterhouseCoopers Incorporated |
Risk profile | Conservative (2/5) |