Home » Individual investors » Nedgroup Investments Money Market Fund
The unit trust portfolio aims to maximise interest income while protecting the initial capital and providing immediate liquidity to investors by investing in short-term money market instruments.
The unit trust portfolio is suitable for investors who require high levels of income and capital preservation and provides an attractive alternative to current and savings accounts and may be used to diversify away from equity assets or as a short-term investment for capital. The portfolio typically displays very little volatility.
Domestic - Fixed Interest - Money Market
STeFI Call rate
Lowest
No minimum period
Monthly
31 March 2000
Lump sum R10,000 / Monthly debit order R500
Initial fee: 0%
Annual portfolio management fee (R): 0.57%
| 1 year to 31 Dec 2011: | 5.4% pa |
| 3 years to 31 Dec 2011: | 7.2% pa |
| 5 years to 31 Dec 2011: | 8.6% pa |
| 7 years to 31 Dec 2011: | 8.1% pa |
| 10 years to 31 Dec 2011: | 8.8% pa |
| Class: R | | | Price: 5.38* |
| Class: A | | | N/A |
| Class: A1 | | | N/A |
* The figure quoted above is the 7-day rolling yield, annualised and expressed as an effective return, net of charges.