EKADA yield fund

As a low-risk open-ended mutual fund investing primarily in local fixed-income instruments, the EKADA Yield Fund aims to protect the investor’s capital and to provide a yearly return superior to the local commercial bank savings rate. The Fund invests mainly in government and high-quality corporate bonds, denominated in MUR, and is most suitable for investors with a low-risk tolerance, but can also be added to a client’s portfolio of investments to reduce volatility.

Main Features:-

  • Objective of capital protection, coupled with long term capital appreciation.
  • Potential return superior to the local commercial bank savings rate.
  • Base currency is the Mauritian Rupee.
  • Provides clients with access to certain local corporate instruments which cannot be accessed directly by them.
  • Weekly liquidity feature allows clients to withdraw funds when in need.
  • Solid track record of 10 years.
  • Entry fee has currently been waived.
Retail
NAV/Unit : MUR 10.8614
22 September 2023