MONEY MARKET FUND
A low-risk, liquid domestic-only money market portfolio which aims to outperform the Short-Term Fixed Interest (STeFI) Index.
Investment objective and strategy
A low-risk money market fund investing in selected money market banks, parastatals and corporates with a maturity if less than 13 months. We employ a top-down macro-thematic process in managing the Fund.
To achieve the investment objective, we formulate an interest rate outlook, and expectations of the resulting Reserve Bank policy response. Based on this analysis, we select investments for the Fund.
These assets are typically held to maturity. The fund aims to outperform the STEFI Index by 0,5% per annum.
Suited for investors with a low risk profile seeking a competitive yield without compromising on liquidity or capital invested.
