Abax Diversified Income Prescient Fund
The Abax Diversified Income Fund is a domestic fund with a flexible mandate to invest across a wide range of local and offshore fixed income asset classes.
The funds primary objective is to outperform 110% of STeFI Call Index with a high degree of capital stability.
The fund is domiciled in South Africa and conforms to CISCA regulations. The fund is suitable for retirement savings (regulation 28 compliant).
The fund was launched in July 2010.