Morningstar

FedGroup Income Plus Fund A FIPF

Morningstar Medalist Rating
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Medalist Rating as of
  • NAV / 1-Day Return ZAR 0.99  /  +0.09 %
  • Fund Size ZAR 1.2B
  • Adjusted Expense Ratio —
  • Net Expense Ratio 0.780%
  • Fee Level: Distribution High
  • Share Class Type —
  • Morningstar Category ZAR Ultra Short-Term Bond
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment ZAR 10,000
  • Investment Status Open
  • TTM Yield 7.15%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis FIPF

Will FIPF outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FIPF’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FIPF management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FIPF’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

FedGroup Income Plus A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

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Portfolio Holdings FIPF

More FIPF Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 48.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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