South Africa - Institutional
Corporate Money Market Fund
INSTITUTIONAL
INVESTMENT OBJECTIVE:
The Corporate Money Market Fund seeks to offer corporate and institutional investors a higher-yielding alternative to traditional bank deposits. The fund is focused on delivering competitive returns while prioritizing capital preservation and liquidity to meet the short-term cash management needs of its investors. The fund is mandated to use derivative instruments for efficient portfolio management purposes.
| STRATEGY RETURNS GROSS OF FEES | |||
|---|---|---|---|
| STRATEGY | BENCHMARK* | OUTPERFORMANCE | |
| Since Launch (unannualised) | 8.6% | 8.0% | 0.6% |
| Latest 1 year | 7.9% | 7.4% | 0.5% |
| Year to date | 7.1% | 6.7% | 0.4% |
| Latest 6 months | 3.7% | 3.5% | 0.2% |
| Latest 3 months | 1.8% | 1.7% | 0.1% |
| Month | 0.6% | 0.5% | 0.1% |
* Short Term Fixed Interest 3-month Index (STeFI 3m)
The value of investments may go down as well as up, and is therefore not guaranteed. Past performance is not necessarily an indication of future performance.