The Kagiso Islamic High Yield Fund: What you need to know
Kagiso Asset Management recently launched the Kagiso Islamic High Yield Fund. Kagiso delivers consistent performance for those who wish to invest in Shariah funds and hold the best performing Shariah investment to date.
Their global performance track record is ahead of international benchmarks, so when they make new investment options available it’s developed by their well-established investment team who have the experience needed to create funds that matter.
But what is high-yield fund?
When investors are looking for yield on their investment, it means that they are looking to make an income from what they invest. High-yield-funds pay above-average returns on the initial or ongoing investment.
So why are Kagiso releasing another fund?
Research indicates that Shariah investors are risk-averse and seek capital protection. This fund aims to provide a stable income at low capital volatility, making liquidity and quarterly income distribution far more attractive to investors.
Kagiso sees the value in growing their Shariah assets and aim to create a combined value of R160 billion for investors to tap into. They believe that two funds are not enough for the current market and aim to fulfill the need of retiring investors with funds that work for them.
What makes this fund and Kagiso different is that they provide a maximum yield over long periods of time, there is no exposure to volatile forex, there is a prudent allocation to property as well as other investments.
In the South African Shariah space, there are only a few fund managers offering fixed income return Islamic funds and this fund will add much-needed variety in choice of providers. This fund will also allow for more diverse investment portfolios to be provided for our clients.
They aim to give investors what they truly want, capital preservation, and real income and liquidity.
The minimum investment into this fund is a R5,000.00 lump sum or a R500.00 monthly debit order.
For more information about this fund contact us:
? 011 839 2302