Maksab OZ USD - Fixed Income Fund

Maksab OZ USD Fixed Income Fund is an open-ended investment fund denominated in US dollars. It aims to generate stable periodic income while preserving capital by investing in high-quality fixed income instruments.

The fund follows a conservative investment strategy, allocating the majority of its assets to sovereign and quasi-sovereign fixed income instruments .. potentially up to 100% of the portfolio to minimize credit risk and enhance income stability.

The fund charges an annual management fee of 1.5% of net assets, in addition to a performance fee of 10% on returns exceeding the average yield of US Treasury bills (USD T-bills). This reflects a clear benchmark-driven approach, with a focus on generating alpha above the market.

At the same time, the fund may invest in corporate bonds within controlled limits of up to 40% of total assets, provided that the credit rating is no lower than BBB-, aiming to balance safety with enhanced returns.

Is this fund suitable for investors seeking stable USD income?

Maksab OZ targets investors looking for regular income in US dollars with a relatively stable risk profile, positioning it as a more efficient alternative to traditional bank USD deposits.

However, the fund is not suitable for investors seeking high short-term returns or strong capital growth, as it primarily focuses on generating steady income rather than speculative gains or aggressive appreciation.