Investec Money Market Fund

Fund Overview

Fund Fact Sheet

Risk Profile

Low Medium High

Objective

The Investec Money Market Fund aims to earn a higher level of income than fixed deposits and call deposits over time, while aiming to protect capital and provide investors with immediate liquidity. The fund targets returns in excess of the STeFI 3-month money market index, measured over one year periods.

The Investec Money Market Fund aims to earn a higher level of income than fixed deposits and call deposits over time, while aiming to protect capital and provide investors with immediate liquidity. The fund targets returns in excess of the STeFI 3-month money market index, measured over one year periods.

Investor Profile

  • Capital preservation with minimal volatility
  • Compelling alternative to current and savings accounts
  • Ideal vehicle to “park” money short-term
  • A highly liquid investment
  • Lower volatility than traditional income and bond funds

Strategy

The fund invests in a range of South African money market instruments. These assets include bankers’ acceptances, debentures, negotiable certificates of deposit, treasury bills and call accounts. Non-government bond exposure is currently limited to 25%. The fund may only invest in money market instruments with a maturity of less than one year and its average duration may not exceed three months.

Offshore Exposure:

No

Inception Date:

2 May 1997

Fund Code:

INMM

Fund Manager(s):

Lisa Macleod, Vivienne Taberer
Investec Asset Management

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The Investec Managed Fund aims to provide investors with stable growth of capital over the long term. The objective is to achieve returns well in excess of the fund’s peer group average, measured over three to five year periods.