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  •  Alexander Forbes Investments US Dollar Feeder Fund (A)
The investment managers selected for this portfolio may invest in short-term US Dollar-based money-market instruments. Money-market instruments are liquid financial instruments that simulate cash, but may give a higher return than cash. The average maturity dates of the money-market instruments in the portfolio will not exceed 90 days. The portfolio is aimed at investors pursuing exposure to US money markets. Investment Solutions expects: ! A low probability of capital loss in Dollar terms (however, any appreciation of the Rand against the Dollar may result in capital loss over the short to medium term) ! Investment returns in Rand terms to be more volatile due to movements in the exchange rate of the currencies
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