This fund is recommended for risk-adverse investors wanting a short-term investment with protection from equity and bond market-type volatility, who need an inexpensive safe haven to house funds while earning above-inflation returns. The recommended investment horizon is one to 12 months. The Fund has a GCR Rating of AA+ (za)(f).
This fund aims to provide income above short-term bank deposit rates while preserving capital and liquidity. The performance objective is to beat the benchmark STeFI Call Deposit Index, while protecting investors’ capital in an absolute sense.
All returns quoted are A-Class after fees and charges
Investor Class (A): R10 000
Investor Class (A): n/a
South African - Interest Bearing - Money Market
STeFI Call Deposit Index
09 April 2002
Accrued daily, distributed monthly
No initial fees are charged
Investor Class (A): 0.25%
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