Ashburton SIF’s objective is to maximise current levels of income, while providing high capital stability and predictable income distributions. The fund aims to achieve performance returns in excess of money market and current account yields. Ashburton SIF is compliant with the requirements of ASISA’s ‘South Africa – Interest Bearing – Short Term’ category, CISCA stipulations, and Regulation 28 of the Pension Funds Act (Act No. 24 of 1956) (“Reg. 28”) which makes the fund investable to pension funds and retirement schemes……..
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