Sanlam Investments launches the SIM* Flexible Income Fund
Sanlam Investments has recently bolstered its flagship range of funds with the addition of the SIM* Flexible Income Fund, a retail unit trust targeted at investors with a one- to two-year time horizon.
This multi-asset income fund seeks returns through tactical asset allocation and high conviction bets across the income-yielding universe, including: government and corporate bonds, money market instruments, preference shares, convertible securities, listed property, limited equity exposure and also international assets. Opportunities are taken across the duration, and credit spectrum, with offshore diversification opportunities, also utilised.
The flexibility of being able to move capital on and offshore – thus taking advantage of potential currency weakness in addition to the correlation effects between our currency moves and local bond yields – this offers a very solid option for an income investor.
A more flexible income fund offers more diversification benefits to clients and, as a result, the potential for better overall long-term results. Locking yourself into fixed deposits, for example, can be very inflexible, with little options of taking advantage of market opportunities through asset reallocation down the line. The last few months have shown how dramatically things can change with associated asset allocation changes which can be made. Being able to fully take advantage of these opportunities is an exciting proposition for clients.
The fund will also be managed with the firm’s ‘Pragmatic Value’ investment philosophy, while benefiting from the vast benefits associated with the Sanlam Investments fixed interest processes and the entire fixed interest team. In addition, we are supported by the comprehensive credit capabilities of the Sanlam Group and also our desk dealing team. With their research and input, the economics team also brings a massive amount of value.