10X Income Fund
The 10X Income Fund is suitable for investors seeking a high level of income and long-term capital stability that is achieved with cost-effective exposure to a range of local and international interestbearing assets. The recommended time horizon is 3 years and longer as returns may be volatile over shorter periods.
Yield
9.9%
as at
31 October 2023
Fund details
Ideal time horizon
3 years and longer
Distribution months
Monthly
Fund size
R 3 810 million
Management fee
0.5% plus VAT
Top issuer exposure
REP OF SOUTH AFRICA63.9%
INVESTEC BANK LTD8.1%
OTHER8%
ABSA BANK LTD6.8%
NEDBANK LTD4.5%
US TREASURY3.6%
STANDARD BANK LTD3%
FIRSTRAND BANK LTD2.1%
Fund Statistics
Duration2.98%
12-month forward yield9.9%