Fund Focus Stanlib Bond Fund
Expect more yield
Reserve Bank Governor Gill Marcus sent a clear statement of intent at the conclusion of the bank’s monetary policy meeting in January when she increased the repo rate by 0.5% to 5.5% per annum. This caught most people, including economists, by surprise. So after the dust had settled, we decided to ask a top-rated bond manager what this first interest rate increase in years means for investors seeking income.