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Independent Alternatives Active Bond 27Four Fund  |  South African-Interest Bearing-Variable Term
1.1525    +0.0041    (+0.357%)
NAV price (ZAR) Tue 31 Mar 2026 (change prev day)


 
Snapshot
<i><b>  Performance</b></i><hr/>This gauge shows the decile position of the fund against 55 Rand-denominated South African--Interest Bearing--Variable Term funds over the last three years (needle right indicates above average performance)
Performance
<i><b>  Size</b></i><hr/>This gauge shows the size of the fund against all Rand-denominated retail funds (needle right indicates a large fund, needle left a small fund)
Size
<i><b>  Diversification</b></i><hr/>This gauge shows the level of diversification relative to other funds in the same second-tier (interest bearing) category (needle right indicates a well-diversified fund)
Diversification
<i><b>  Risk</b></i><hr/>This gauge shows the fund's level of historical risk relative to other funds in the South African--Interest Bearing--Variable Term sector based on 3-year volatility (needle right indicates lower risk within the sector)
Risk

Fund Performance
Period    Return %Growth of R1 000
chart
* Not annualised
Key Facts and Fund Objective
Key Facts
Formation Date 1 Sep 2022
Fund Size (ZAR) 253 261 273
Latest Price 115.25
PlexCrowns
Total Expense Ratio (31/12) 0.67%
Minimum Investment-
TTM Distribution Yield 8.75%
Fund Objective
The Fund will seek to follow an investment policy which will secure for investors medium to long-term capital growth as well as a regular level of income
Asset Classes and Holdings
chart
 RSA Equity0.00%  
Int Equity0.00%  
 RSA Bonds99.48%  
 Int Bonds0.00%  
 RSA Real Estate0.00%  
 Int Real Estate0.00%  
 RSA Cash0.52%  
 Int Cash0.00%  
Top Holdings as at 31 Dec 2025
SecurityUnitsValue (Rm)% of Fund
R2048 32 865 000 32.6914.36%
R2035 29 043 000 31.1713.70%
R2032 27 469 000 28.7712.64%
R2030 27 228 000 28.7712.64%
R2037 25 924 000 26.7111.74%
R2040 21 738 000 22.659.95%
R2044 21 927 000 21.919.63%
R2053 9 621 000 12.505.49%
R213 8 020 000 8.033.53%
R214 7 238 000 5.922.60%
Totals  219.1196.28%