Fund Fo­cus Stan­lib Bond Fund

Ex­pect more yield

Finweek English Edition - - INSIDE - STAN­LIB BOND FUND

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.

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