BALONDOLOZI MONEY MARKET FUND
This fund aims to outperform the STeFi Composite Index (STeFi) over the long term while minimising volatility by building a diversified portfolio and constraining the duration to 90 days. The fund focuses on yield enhancement through rigorous research and analysis of mainly South Africa’s Big 4 Banks and other investment grade corporates that offer higher yields without compromising the fund’s strong credit rating of A1/F1.
- The Fund is Reg.28 compliant.
Benchmark: STeFI Call
Duration: 90 days
Risk: Low
BALONDOLOZI CASH FUND
This fund aims to outperform the STeFi Composite Index (STeFi) over the long term while minimizing volatility by building a diversified portfolio and constraining the duration to 270 days. The fund focuses on yield enhancement through rigorous research and analysis of mainly South Africa’s Big 4 Banks and other investment grade corporates that offer higher yields without compromising the fund’s strong credit rating of A1/F1.
- The Fund is Reg.28 compliant.
Benchmark: STeFI Composite
Duration: 270 days
Risk: Low
BALONDOLOZI INCOME FUND
This fund seeks to provide a higher level of income while preserving capital over the medium term. The fund actively allocates between South African money market instruments, government bonds, corporate bonds and hybrid instruments to achieve its objectives. To fine tune the strategy and minimize capital depreciation in the short term quantitative techniques are employed through the use of derivatives.
- The Fund is Reg.28 compliant.
Benchmark: STeFi Composite*110
Duration: 1-3 year ALBI
Risk: Low
BALONDOLOZI BOND FUND
This fund aims to outperform the All Bond Index (ALBI) through the active management of duration versus the benchmark and substituting nominal RSA stock with inflation linked bonds and investment-grade high-yield credit bonds when the time is ideal. To fine tune the strategy and minimize capital depreciation in the short term quantitative techniques are employed through the use of derivatives.
- The Fund is Reg.28 compliant.
Benchmark: ALBI
Duration: ±2 years to ALBI
Risk: Medium
BALONDOLOZI INFLATION LINKED BOND FUND
This fund aims to outperform the Composite Inflation-Linked Bond Index (CILI) through the active management of duration versus the benchmark and substituting RSA stock with investment-grade high-yield credit bonds when the time is ideal. To fine tune the strategy and minimize capital depreciation in the short term quantitative techniques are employed through the use of derivatives.
- The Fund is Reg.28 compliant.
Benchmark: CILI
Duration: ±2 years to CILI
Risk: Low – Medium
BALONDOLOZI LIABILITY DRIVEN FUND
This fund seeks to outperform the target return of liabilities by 1% per annum. Deviation from benchmark is measured in Rands per Point (RPP) and the allowance is a maximum of 7.5% RPP.
- The Fund is Reg.28 compliant.
Benchmark: To match the target return of liabilities plus an outperformance of x% per year
Maximum RPP: ± 7.5%
Risk: Medium
BALONDOLOZI PASSIVE BOND FUND
The fund seeks to perform in line with All Bond Index (ALBI).
- The Fund is Reg.28 compliant.
Benchmark: ALBI
Duration: ± 0.5 years to ALBI
Risk: Low – Medium
BALONDOLOZI EQUITY FUND
The fund aims to generate an excess return of 1-2% above the benchmark over the long-term basis by using both top-down and bottom-up analysis. The fund blends four strategies, namely; Macro-Economic Analysis, Fundamental Valuations, Behavioural Finance, as well as Technical Analysis. Stock selection is restricted to the constituents of the chosen benchmark for fair representation.
Benchmark: FTSE/JSE Capped SWIX Index
Risk: High
BALONDOLOZI PASSIVE EQUITY FUND
This fund that seeks to fully replicate its client-specified equity index benchmark.
Benchmark: FTSE Top40 Index
Risk: High
BALONDOLOZI BALANCED FUND
This fund seeks to outperform inflation by 5% over the medium term through domestic asset allocation that blends strategies employed in the Balondolozi Money Market, Bonds, and Equity Funds. The equity benchmark is the FTSE/JSE Capped SWIX All Share Index, the bond benchmark is the All Bond Index(ALBI), the property benchmark is the South Africa Listed Property Index (SAPY), and the cash benchmark is STeFi Call.
- The Fund is Reg.28 compliant.
Benchmark: CPI+5% over a rolling 3 year period
Risk: Medium
BALONDOLOZI GLOBAL BALANCED FUND
This fund seeks to outperform inflation by 5% over the medium term through both domestic and global asset allocation that blends strategies employed in the Balondolozi Money Market, Bonds, and Equity Funds. The equity benchmark is the FTSE/JSE Capped SWIX All Share Index, the bond benchmark is the All Bond Index(ALBI), the property benchmark is the South Africa Listed Property Index (SAPY), the international benchmark is 60% the MSCI ACWI in Rands and 40% the Overnight US Libor Rate Index in Rands, and the cash benchmark is STeFi Composite.
- The Fund is Reg.28 compliant.
Benchmark: CPI+5% over a rolling 3 year period
Risk: Medium
BALONDOLOZI ABSOLUTE RETURN FUND
This fund seeks to outperform inflation by 3% over the medium term and achieve no capital loses per annum through domestic asset allocation that blends strategies employed in the Balondolozi Money Market, Bonds, and Equity Funds. Derivative strategies are employed to minimize downside risk.
- The Fund is Reg.28 compliant.
Benchmark: CPI+3% over a rolling 3 year period
Risk: Low
BALONDOLOZI GLOBAL BOND FUND
The fund seeks to outperform the Bloomberg Global Aggregate Bond Index by 1% per annum through employing a portable alpha strategy. Portable alpha effectively separates the benchmark returns (beta) through proxy derivatives while generating alpha through a high yield fixed income strategy.
Risk: Moderate
BALONDOLOZI GLOBAL EQUITY FUND
The fund seeks to outperform the MSCI All Country World Index (ACWI) Index by 1% per annum through employing a portable alpha strategy. Portable alpha effectively separates the benchmark returns (beta) through proxy derivatives while generating alpha through a high yield fixed income strategy.
Risk: Aggressive