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| Fairtree Money Market Fund Fact Sheet MDD |
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Fairtree Money Market Fund Fact Sheet MDD
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The main investment objective of this Stefi index benchmark money market fund is to maximise current income while preserving capital .
The fund will invest in quality money market instruments with maturity of less than 13 months.
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| High | Avg. | Low |
| R 1.00 | R 1.00 | R 1.00 |
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| Fund Sector |
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| SA – Interest Bearing – Money Market |
| Fund Maximum Annual Fee * |
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0.23%-N
Y or N indicate if performance fee levied or not. Advisor fee excluded. |
| Distribution Periods |
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| Monthly |
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| Launch Date |
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| Mar 2019 |
6 years ago |
| Fund Benchmark |
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| Alex Forbes Stefi Co |
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| Fairtree Money Market Fund Unit Prices |
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The resultant of merger of Plexus and Grant Thornton was the establishment of the current manager Plexus Wealth.
Asset manager Coronation saw a need for a shariah-complient leaning asset managemnt and in 2002, founded a standalone manager Kagiso AM (now Camissa AM).
In 2019, Stanlib spinned off index tracking funds to a boutique asset manager 1VEST.
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| Distributions Info (in cents) |
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| Asset Allocation Analysis |
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| Please note that unit trusts investmets are generally classified as long-term investment products not suitable for trading and speculation. |
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