Southchester (RF)
Type: Ring-fenced public company
Inception: October 2011
Description:
Southchester (RF) Limited offers a short-dated, fixed income investment product, using an insolvency-remote special purpose public company which invests into a portfolio of high quality, liquid and rated South African money market instruments. Southchester RF aims to earn maximum overnight / term interest rates for its investors, whilst complying with stringent term and stable investment credit criteria. A robust risk mandate dictates a suitably diversified portfolio of investments of investment-grade rated credit quality with low interest rate duration and low sensitivity to spread risk. Southchester RF funds itself by issuing short dated commercial paper to investors.
Annual Financial Statements available on request