STANLIB Bond Fund
Fund Overview
Risk Profile
| Low | Medium | High |
Objective
The STANLIB Bond Fund aims to achieve capital growth and income generation by investing in long term fixed interest securities.
Securities will normally consist of a spread of gilts, semi-gilts, loan stock, debentures, debenture bonds, approved securities, notes and liquid assests and any other securities, which are consistent with the fund's investment policy.
Investor Profile
- Want capital growth and income generation over a longer period.
- Want an optimised total return of capital and income relative to the risk involved.
- Want a fund that is diversified in terms of bond holdings.
Offshore Exposure
No
Inception Date
13 March 2000
Fund Code
LBBF
Fund Manager(s)
Victor Mphaphuli
Top 10 Holdings at 30 June 2011
| SA Government Bonds | 24.56% |
| Standard Bank | 17.28% |
| Eskom | 10.84% |
| City of Johannesburg | 6.92% |
| SA Roads Agency | 6.16% |
| Transnet | 5.73% |
| City of Cape Town | 5.40% |
| First Rand | 3.76% |
| SA Development Bank | 3.31% |
| Nedbank | 3.17% |
| Total Holdings | 87.13% |
Top 10 Holdings at 31 March 2011
| Standard Bank | 25.07% |
| Eskom | 12.75% |
| SA Government Bonds | 8.20% |
| City of Johannesburg | 8.08% |
| SA Roads Agency | 7.31% |
| Transnet | 6.70% |
| City of Cape Town | 6.27% |
| Absa | 5.79% |
| SA Development Bank | 3.89% |
| Nedbank | 3.79% |
| Total Holdings | 87.85% |
Top 10 Holdings at 31 December 2010
| SA Government Bonds | 33.47% |
| Standard Bank | 12.21% |
| Eskom | 11.77% |
| Transnet | 6.75% |
| City of Johannesburg | 6.08% |
| City of Cape Town | 6.02% |
| SA Roads Agency | 4.73% |
| SA Development Bank | 4.69% |
| Old Mutual | 2.49% |
| Nedbank | 2.19% |
| Total Holdings | 90.40% |
Top 10 Holdings at 30 September 2010
| SA Government Bonds | 30.66% |
| Eskom | 13.96% |
| Standard Bank | 12.50% |
| City of Johannesburg | 6.14% |
| City of Cape Town | 6.14% |
| SA Roads Agency | 4.95% |
| Old Mutual | 4.26% |
| SA Development Bank | 4.25% |
| Nedbank | 2.83% |
| First Rand | 2.76% |
| Total Holdings | 88.45% |
Top 10 Holdings at 30 June 2010
| SA Government Bonds | 35.73% |
| Standard Bank | 12.59% |
| City of Johannesburg | 6.58% |
| First Rand | 6.21% |
| Eskom | 5.40% |
| City of Cape Town | 5.24% |
| SA Roads Agency | 5.21% |
| SA Development Bank | 4.34% |
| Old Mutual | 4.24% |
| Nedbank | 3.65% |
| Total Holdings | 89.19% |
Top 10 Holdings at 31 March 2010
| SA Government Bonds | 39.71% |
| Standard Bank | 16.30% |
| City of Johannesburg | 6.83% |
| Eskom | 5.67% |
| SA Roads Agency | 5.48% |
| City of Cape Town | 5.48% |
| SA Development Bank | 4.54% |
| Old Mutual | 4.37% |
| Nedbank | 3.76% |
| African Bank | 2.25% |
| Total Holdings | 94.39% |
