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By clicking "I AGREE" below, you consent to the terms and conditions above and you confirm and agree that:

  1. you are not a person prohibited under the laws of your country from accessing the information on the investment products and services referred to herein;
  2. by accessing this website you will not contravene or cause Prescient to contravene any law that seeks to regulate the promotion of financial products either in the country of your residence or in the country in which you are viewing this website; and
  3. any investment which you may place with or through Prescient is based solely on your own enquiry and initiative and is not due to any offer or solicitation by Prescient.
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The content contained in this website is for information purposes only and does not constitute an offer or an invitation to subscribe or make use of any service or investment by a person, whether natural or legal, which is resident or situated in any jurisdiction where such offer or invitation would be unlawful, or in any jurisdiction in which Prescient Holdings, including all of its subsidiaries and associates ("Prescient"), is not qualified to make such offer or invitation, or to persons to whom it would be unlawful to make such offer or invitation.

By clicking "I AGREE" below, you consent to the terms and conditions above and you confirm and agree that:

  1. you are not a person prohibited under the laws of your country from accessing the information on the investment products and services referred to herein;
  2. by accessing this website you will not contravene or cause Prescient to contravene any law that seeks to regulate the promotion of financial products either in the country of your residence or in the country in which you are viewing this website; and
  3. any investment which you may place with or through Prescient is based solely on your own enquiry and initiative and is not due to any offer or solicitation by Prescient.
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MULTI-ASSET FUNDS Prescient Income Plus Fund

Prescient Income Plus Fund

Investment and Return Objective

The Fund aims to return STeFi Call + 3% per annum through a full interest rate cycle. It intends to provide investors with enhanced income yield while maintaining constrained credit risk exposure that will not place undue risk on the capital perseveration. The fund introduces high diversification across high yielding assets and high quality liquid assets.

Who Should Invest

Investors seeking performance in excess of cash and a typical income funds. The fund is managed in compliance of CISCA BN90 guidelines. Potential investors should have a marginally high tolerance for risk for the higher expected income yields.

Investment Process

The Fund will invest in a diversified portfolio consisting primarily of South African vanilla debt, mezzanine and structured instruments across the term structure and credit rating bands. Portfolio risk is managed at both single obligor and portfolio level. The former is done through an inhouse dynamic probability of default (PD) based rating model and the latter is through measuring the Expected Loss (EL), Loss Given Default (LGD) and credit VaR (Value at Risk); both of which are monitored over time. The maximum modified duration risk that the fund can take is 2yrs. Credit asset selection is underpinned by minimisation of default risk and credit spread duration.

Risk Indicator = Moderately Conservative

 

Risk Indicator Definition

These portfolios typically have moderate equity exposure or in the case of bond funds, longer duration bond exposure, resulting in some capital volatility over the shorter term.  They are managed in such a manner that the probability of capital losses over one year periods is unlikely. These portfolios typically target returns in the region on 3% - 4% above inflation before tax over the long term.

 

Minimum Disclosure Document

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