A bond fund with some dif­fer­ent traits

Finweek English Edition - - FUND IN FOCUS -

Absa Multi-Man­aged Bond Fund was orig­i­nally set up as a ‘build­ing block’ for the fixed in­come com­po­nent of Absa’s multi-as­set funds. “In Au­gust of 2010, it was es­tab­lished as a stand­alone fund,” says fund manager Neville James. Since then it’s not done too badly – it was re­cently the re­cip­i­ent of a Morn­ingstar award for the best fund in its cat­e­gory.

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