Fixed and Steady Income
The Royal Fidelity Premium Income Fund invests in a diversified, balanced portfolio of fixed income assets of varying maturities. The objective is to consistently deliver a higher rate of return for investors while ensuring capital stability.
A fixed income mutual fund is a company that invests on behalf of individuals and institutions with similar investment goals. It pools the money of many investors and invests in a wide array of securities, in this instance fixed income securities. This provides diversification not otherwise easily obtained.
Principal investments in fixed income assets for the Fund include:
Government Registered
Stock, Government bonds,
Corporate bonds,
Government Agency bonds,
Preference shares,
Commercial paper,
Mortgage backed bonds,
Collateralized receivables,
Fixed deposits.
To view the Fund's Offering Memorandum, click here .