South Africa - Institutional
Corporate Money Market Fund
INSTITUTIONAL
FUND DESCRIPTION:
A cash management fund designed for corporate and institutional investors, offering enhanced yields compared to bank deposits while ensuring liquidity and capital security.
INVESTOR PROFILE:
Suited to corporate and institutional investors who need an alternative to bank deposits, require quick access to funds, and prioritise capital stability and liquidity over long-term growth.
BENCHMARK:
Short Term Fixed Interest 3-month Index (STeFI 3m)
FUND MANAGER:
Nishan Maharaj, Mauro Longano and Sinovuyo Ndaleni
| LAUNCH DATE: | 01 November 2024 |
| FUND SIZE: | R7.06 billion |
| NAV (04 November 2026): | 100.00 |
| NUMBER OF A - UNITS: | 6815693609.39 |
| TIME HORIZON: | 1 month + |
| RISK RATING: |
| PERFORMANCE FOR VARIOUS PERIODS AFTER FEES | |||
|---|---|---|---|
| FUND | BENCHMARK | OUTPERFORMANCE | |
| Since Launch (unannualised) | 14.4% | 14.1% | 0.4% |
| Since Launch (annualised) | 7.3% | 7.1% | 0.2% |
| Latest 1 year | 6.9% | 6.8% | 0.2% |
| Year to date | 5.1% | 5.0% | 0.1% |
| MONTHLY PERFORMANCE RETURNS AFTER FEES | |||
|---|---|---|---|
| 2026 | 2025 | 2024 | |
| JAN | 0.6% | 0.7% | - |
| FEB | 0.5% | 0.6% | - |
| MAR | 0.6% | 0.6% | - |
| APR | 0.5% | 0.6% | - |
| MAY | 0.6% | 0.6% | - |
| JUN | 0.6% | 0.6% | - |
| JUL | 0.6% | 0.6% | - |
| AUG | 0.6% | 0.6% | - |
| SEP | 0.6% | 0.6% | - |
| OCT | - | 0.6% | - |
| NOV | - | 0.6% | 0.6% |
| DEC | - | 0.6% | 0.6% |
| YTD | 5.1% | 7.5% | 1.3% |
| INCOME DISTRIBUTIONS | ||||
|---|---|---|---|---|
| DECLARATION DATE | PAYMENT DATE | AMOUNT | DIVIDEND | INTEREST |
| 30 Sept 2026 | 01 Oct 2026 | 0.55 | 0.00 | 0.55 |
| 31 Aug 2026 | 01 Sept 2026 | 0.57 | 0.00 | 0.57 |
| 31 Jul 2026 | 03 Aug 2026 | 0.57 | 0.00 | 0.57 |
| 30 Jun 2026 | 01 Jul 2026 | 0.56 | 0.00 | 0.56 |
| RISK STATISTICS SINCE LAUNCH | ||
|---|---|---|
| FUND | BENCHMARK | |
| Annualised Deviation | 0.1% | 0.1% |
| Maximum Drawdown | 0.0% | 0.0% |
| Maximum Gain | 14.4% | 14.1% |
| Positive Months | 100.0% | 100.0% |
| Sharpe Ratio | 25.3% | 23.3% |
| FEES (EXCL.VAT) | |
|---|---|
| INITIAL FEE | Coronation: 0.00% |
| ANNUAL MANAGEMENT FEE | 0.25% excl. VAT |
| TOTAL EXPENSE RATIO (TER) | 0.30% per annum, which includes a performance fee of 0.00% |
| TRANSACTION COSTS | 0.00 |