Absa Money Market Fund Fact Sheet

Fund Details
Fund Sector
SA – Interest Bearing – Money Market
Assets Under Management (R m) (Mar 2019)
R73 257 R 2 088 2.85%
Number of Accounts (Mar 2019)
91 672 1 426 1.555%
Fund Asset Allocations (R m)
Sector Mar 2019 Dec 2018
Equities R 0 R 0
    Local    R 0    R 0
    Foreign    R -    R -
Cash Instr. R 73 257 R 75 345
    Local    R 73 257    R 75 345
    Foreign    R 0    R 0
Property R 0 R 0
On FoF R 0 R 0
Fund Investment Aims, Objective and/or Universe
The primary performance objective of the fund is to obtain as high level of current income as is consistent with capital preservations and liquidity.

Capital gains will be of an incidental natureThe fund aims to achieve this by investing in graded short-term money market instruments.The fund invests principally in cash, deposits and money-market instruments.The fund has a maximum weighted duration of 90 days
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