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Portfolio details

Nedgroup Investments Money Market Fund



Portfolio objective

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.


Investor profile

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.


Sector

Domestic - Fixed Interest - Money Market


Benchmark

STeFI Call rate


Risk rating

Lowest


Appropriate term

No minimum period


Income distributions

Monthly


Inception date

31 March 2000


Minimum investments

Lump sum R10,000 / Monthly debit order R500


Fees (including VAT)

Initial fee: 0%

Annual portfolio management fee (R): 0.57% 

Price & Performance

Performance:

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

Price at 03/02/2012:

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.

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