SAFLX — SA Global Fixed Income Fund

SAFLX Fund Overview

SAFLX — SA Global Fixed Income Fund is a US mutual fund managed by Sa Funds Investment Trust, categorised as Intermediate Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Sa Funds Investment Trust
• Category: Intermediate Total / Aggregate Bond
• Assets under management: $547.54M
• 1-year return: -8.4%
• Ticker: SAFLX
• SEC CIK: 0001075065
• SEC series ID: S000008776
• Share class ID: C000179968

SAFLX Investment Objective and Strategy

SA Global Fixed Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Sa Funds Investment Trust.

Investment objective

The Funds goal is to maximize total return available from a universe of higher-quality fixed income investments maturing in five years or less from the date of settlement while targeting the duration of the FTSE World Government Bond 1-5 Year Currency Hedged U.S. Dollar Index, the Funds benchmark index.

Principal investment strategy

The Fund pursues its goal by investing primarily in: ? obligations issued or guaranteed by the U.S. and foreign governments of developed countries or their agencies or instrumentalities; ? obligations of supranational organizations, such as the World Bank and the European Investment Bank; ? obligations of other U.S. and foreign issuers including: ? corporate debt obligations; ? commercial paper; ? bank obligations; and ? repurchase agreements. The Fund primarily invests in fixed income securities that mature within five years from the date of settlement. The Fund has a non-fundamental investment policy that, under normal circumstances, it will invest at least 80% of its net assets in fixed income securities. The Fund normally invests in fixed income securities that are rated investment grade.

The Fund considers fixed income securities to be investment grade if, at the time of investment, they are rated at least BBB- by S&P, Baa3 by Moodys, or BBB- by Fitch or, if unrated, have been determined by the Sub-Adviser to be of comparable quality. The Fund may invest in U.S. Treasury bonds, bills and notes and obligations of federal agencies or instrumentalities. Some U.S. government obligations in which the Fund may invest, such as Treasury bills, notes and bonds and securities guaranteed by the Government National Mortgage Association, are supported by the full faith and credit of the United States, while others are not, such as those of or guaranteed by the Federal Home Loan Banks, Federal Home Loan Mortgage Corporation and Federal National Mortgage Association. The Fund may also invest in fixed income securities, such as bills, notes, bonds and other debt securities, issued or guaranteed by foreign governments or their agencies or instrumentalities and may invest in debt securities of supranational organizations.

With respect to corporate debt securities ( e.g ., bonds and debentures), the Fund generally invests in investment grade securities that are issued by U.S. and foreign issuers. The types of bank and bank holding company obligations in which the Fund may invest include, without limitation: certificates of deposit (including marketable variable rate certificates of deposit), bankers acceptances, commercial paper, repurchase agreements and other debt obligations that mature within five years of the date of settlement, provided such obligations meet the Funds established credit rating or other criteria. Commercial paper and certificates of deposit must, at the time of investment, be rated at least A-3 by S&P, P-3 by Moodys, F3 by Fitch or, if unrated, issued by a corporation having an outstanding unsecured debt issue rated at least BBB- by S&P or Fitch or Baa3 by Moodys.

All ratings described above apply at the time of investment. These securities may be denominated in U.S. dollars as well as other currencies, including the Euro. The Fund invests in foreign issuers in countries with developed markets designated by the Investment Committee of the Sub-Adviser from time to time. The Fund is authorized to invest in foreign issuers in Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Singapore, Sweden, Switzerland and the United Kingdom. This list of authorized countries is subject to change. The Sub-Adviser will determine when and whether to invest in countries that have been authorized depending on a number of factors, such as asset availability in the Fund and characteristics of each countrys market.

Under normal market conditions, the Fund will invest (1) at least 40% (and up to 100%) of its total assets in the securities of foreign issuers and (2) in issuers organized or having substantial assets in, or deriving substantial operating income from, at least three different countries, one of which may be the United States. The actual number of countries represented in the Funds portfolio may vary over time. The Fund attempts to maximize its total return by allocating assets among countries depending on prevailing interest rates while targeting the duration of the Funds benchmark index. For example, the Sub-Adviser may sell a security denominated in one currency and buy a security denominated in a different currency depending on market conditions. The Fund may also enter into foreign currency forward contracts to attempt to protect against uncertainty in the level of future foreign currency rates, to hedge against fluctuations in currency exchange rates or to transfer balances from one currency to another.

The Fund may lend its portfolio securities to generate additional income.

SAFLX Holdings

Top 10 holdings of SA Global Fixed Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all SAFLX holdings

SAFLX Portfolio Allocation

Asset-class allocation of SA Global Fixed Income Fund by percentage of net assets, from the latest SEC N-PORT filing.

SAFLX Performance

Total returns for SAFLX (as of 2026-10-01), from SEC filings.

SAFLX Risk Information

Risk metrics for SAFLX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 3.1%

SAFLX Costs and Fees

SAFLX costs about $52 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.52%
• Gross expense ratio: 0.52%
• Portfolio turnover: 77%
• Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

SAFLX Cashflows

Over the 12 months to 2026-06, SA Global Fixed Income Fund had net inflows of $8.91M, from monthly SEC N-PORT filings.

SAFLX Debt Constituents

Largest debt holdings of SA Global Fixed Income Fund by percentage of net assets, from the latest SEC N-PORT filing.

SAFLX Prospectus and SEC Filings

Official SA Global Fixed Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2025-10-24
• Prospectus (485BPOS) — filed 2024-10-28
• Prospectus amendment (485APOS) — filed 2024-08-29
• Portfolio holdings (N-PORT) — filed 2026-08-27
• Portfolio holdings (N-PORT) — filed 2026-05-26
• Portfolio holdings (N-PORT) — filed 2026-02-26
• Annual census (N-CEN) — filed 2026-09-03
• Annual census (N-CEN) — filed 2025-09-05

Related Funds

Other Intermediate Total / Aggregate Bond funds tracked on ABC INVEST:

• Vanguard Total Bond Market Index Fund (VBMFX)
• Vanguard Total Bond Market II Index Fund (VTBIX)
• Vanguard Total International Bond II Index Fund (VTIIX)
• iShares Core U.S. Aggregate Bond ETF (AGG)
• Vanguard Total International Bond Index Fund (VTIBX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.