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STANLIB US Dollar Cash Fund - News
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Fund Name Changed
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Thursday, 22 July 2010
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Official Announcement
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The STANLIB Offshore US Dollar Fund will change it's name to STANLIB US Dollar Cash Fund, effective from 22 July 2010
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Standard Bank US Dollar comment - Dec 04
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Thursday, 17 March 2005
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Fund Manager Comment
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The Manager commenced the period with the portfolio's Weighted Average Maturity (WAM) positioned at 47 days. This was lengthened in October and November as further tightening was priced into the market. As the quarter progressed, the Manager found the six month segment of the curve more attractive as the market factored in further interest rate hikes during 2005. At the end of December, the portfolio's WAMstood at 43 days.
Recently implemented a barbell strategy, focusing on the one and six month segment of the market to take advantage of the steep yield curve
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