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These funds seek to maximise interest income, preserve the fund's capital and provide immediate liquidity. This is achieved by investing in money market instruments with a maturity of less than thirteen months while the average duration of the underlying assets may not exceed 90 days and a weighted average legal maturity of 120 days. The funds are typically characterised as short-term, highly liquid vehicles.
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SA – Interest Bearing – Money Market Funds
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SA – Interest Bearing – Money Market |
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| Did You Know ? |
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| UK-based M&G Pls increased its stake to asset manager Prudential FM and the manager renamed M&G Investments in 2023. |
| Sygnia traces its roots when the asset manager African Harvest buys IQvest of Madga Wierzycka. |
| Head officed in Cape Town, Foord Fund Managers was founded in 1981 by Dave Foord. |
| Asset manager Prime Collective Investment was founded by Shane Peters in 2005. |
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These funds seek to maximise interest income, preserve the fund's capital and provide immediate liquidity. This is achieved by investing in money market instruments with a maturity of less than thirteen months while the average duration of the underlying assets may not exceed 90 days and a weighted average legal maturity of 120 days. The funds are typically characterised as short-term, highly liquid vehicles.
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