Investment that provide an Income Stream
Alternative income streams have become more popular as people seek ways to supplement their earnings and are particularly useful during periods when your salary doesn’t completely cover your needs. Generating a passive income from interest or dividends achieves this, providing much-needed security when it’s needed most. Prowess offers a variety of income providing products to meet your personal or business needs. You can choose a product that suits your investment horizon, risk and return objectives.
Prowess Money Market 27Four Fund
Investor Profile
For investors who are looking to save for a specific short-term goal, desire to achieve capital preservation, want to maximize interest income and are looking for high liquidity.
Fund Description
A money market fund that invests in a mix of short-term and high-quality issuers with high and stable earnings. The fund offers diversification by investing in fixed income securities that are designed to generate competitive returns that are higher than the Short-Term Fixed Interest Composite Index (STEFI) benchmark. This fund seeks to preserve capital and offers high liquidity as it can be converted to cash with ease when required. The fund offers regular interest income.
Fund Fact Sheets
- Prowess Money Market 27Four Fund – July 2024
- Prowess Money Market 27Four Fund – August 2024
- Prowess Money Market 27Four Fund – September 2024
Fund Managers
Minimum Investment
R500 monthly debit order or a lump sum of R5000
Prowess Bond 27Four Fund
Investor Profile
For investors who take a long-term view and desire capital growth over the medium to long-term, achieving above inflation returns while providing a regular income stream.
Fund Description
The Fund aims to produce returns that are superior to the FTSE/JSE All Bond Index (ALBI) by seeking investment opportunities in the fixed income market that enhance yield and provide growth. The investment strategy combines a top-down strategic long-term market view with bottom-up security selection as performance enhancing strategies.
The Fund invests in a diversified range of fixed interest securities that have a good performance relative to the market. These include government; semi-government and corporate bonds; fixed deposits; money market; and other interest-bearing securities.
Fund Fact Sheets
- Prowess Bond 27Four Fund – July 2024
- Prowess Bond 27Four Fund – August 2024
- Prowess Bond 27Four Fund – September 2024
Fund Managers
Minimum Investment
R500 monthly debit order or a lump sum of R5000