A high income unit trust which invests only in interest-bearing , primarily short term instruments, such as government and semi-government stock, debentures, gilts, bonds and bank deposits.
Because the trust generally render a higher and more frequent (paid quarterly) income, it is suitable for investors who require a regular income rather than high capital growth.
Formation date: July 1993
Number of investors: 1 013 (12/95)
Liquid assets 50.0%
Other securities 50,0%
Number of holdings: 2 (Back to Contents...)
Income declared: 31 March, 30 June, 30 September and 31 December
Income payment: Last Friday in January, April, July and October
Minimum lump-sum investment: R5 000
Minimum monthly investment: R500 (Back to Contents...)