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The investment objective of the CENTRAL FUNDISA FUND is to seek to achieve an investment medium for investors, which shall have as its primary objectives a reasonable level of current income and the maximum preservation of capital invested. In order to achieve this objective, the CENTRAL FUNDISA FUND will, apart from assets in liquid form, consist solely of participatory interests of fixed interest income orientated portfolios of collective investment schemes registered in the Republic of South Africa as permitted in terms of the hosting agreement with the Association of Collective Investments (ACI), the Fundisa Fund trademark holder, or any other association that may replace the ACI and who is the legal owner of the Fundisa Fund trademark, and approved by the trustee from time to time.
Name | Title | Since | Until |
---|---|---|---|
Victor Mphaphuli | Head | 2007 | Now |
Biography | Victor holds a BCom (Hons) in Econometrics. He started his career in 1996 at Standard Bank Treasury as a trainee foreign currency dealer, and then moved to Nedbank Investment Bank as a bond market dealer, giving him good preparation for his move to STANLIB (then LIBAM). At STANLIB, he has been part of the Fixed Interest division starting as a bond dealer and then assuming added responsibility on fixed income Portfolio Management. Victor was appointed as Head: Bond and Income Funds with effect 1 March 2008, assuming full responsibility for management of the funds. |
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