Finweek English Edition - - FUND IN FOCUS -

The ma­jor­ity of i nvestors us­ing this f und will be look­ing for yield en­hance­ment – that i s yields that are above those avail­able by stick­ing your money i n the bank. The fund takes more risk in or­der to do this, ma­te­ri­ally more than what is im­plied in a money mar­ket f und. But the f und has been ex­cel­lent i n do­ing this – as men­tioned, it held no African Bank last year. And over the last 10 years its re­turns have been roughly 2% per an­num higher than those achiev­able in cash.

ed­i­to­rial@ finweek.co. za

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