Anchor BCI Flexible Fund (A) - AMFFA fund information

The Anchor BCI Flexible Fund is a domestic portfolio that aims to provide investors with a moderate term total return by way of actively investing across different asset classes. The manager may include forward currency, interest rate and exchange rate swap transactions for efficient portfolio management purposes. The manager shall have the maximum flexibility to vary assets between the various markets and asset classes to reflect the changing economic and market conditions and may have an up to 100% exposure to equities. The portfolio's percentage equity exposure will never be the same as any other Anchor BCI co-named portfolios' percentage equity exposure. The fund objective is to provide the conservative investor an alternative to cash or money market income instruments with the ability to earn a total return in excess of inflation. The indicated target yield is 7% -9%, with limited exposure to the loss of capital. The investor has immediate access to the monies. The portfolio invests across a range of interest bearing and hybrid yield and equity instruments, particular property and preference shares. The portfolio seeks to enhance yields by taking ad-vantage of the opportunities, typically on a tactical basis for short time periods. This could include equity opportunities arising which offer a limited risk (e.g. corporate actions/share placing). The default position, however, will be no exposure to pure equity.