Sage Income Fund provides an investment medium that offers an above average income yield, while at the same time assuring reasonable stability of capital invested. The fund�s objective is to outperform the income yield available on money market call accounts. This is achieved by investing in fixed interest securities such as debentures, gilts and semi-gilts. From time to time, liquid assets, high income yielding listed securities or other approved securities may also be included in the portfolio.
Sage Income Fund is the ideal investment for risk averse individual investors needing a high regular income. Alternatively it provides a lower risk parking ground for those investors who believe the other capital markets are expensive and likely to correct. It also enables investors to earn competitive returns on a temporary basis for example when investments are being fed into equity unit trusts over a period (rand cost averaging).
Limited capital appreciation or depreciation can occur in line with the fluctuation of interest rate patterns, however the portfolio management team has the flexibility to alter the content of the portfolio timeously in the light of changing market forces and conditions. This is particularly important during volatile periods for capital markets, as have been experienced over the last few years.