Citadel SA Income H4 comment - Sep 19 - Fund Manager Comment31 Oct 2019
The Citadel SA Income H4 Fund (‘the fund’) delivered 2% during Q3-2019, ahead of its benchmark which rose 1.8%. The fund remains biased towards floating and variable rate assets linked to three month JIBAR. This approach is focused on mitigating interest rate risk; and notably the risk of capital loss, should interest rates rise. The fund continues to adhere to its policy.
Citadel SA Income H4 comment - Jun 19 - Fund Manager Comment13 Sep 2019
The Citadel SA Income H4 Fund (‘the fund’) delivered 2.1% in Q2-2019, putting it ahead of its benchmark which rose 1.8%. The fund remains biased towards floating and variable rate assets linked to three month JIBAR. This approach is focused on mitigating interest rate risk; and notably the risk of capital loss, should interest rates rise.
The fund continues to adhere to its policy.