Discovery Money Market Fund Fact Sheet

Fund Details
Fund Sector
SA – Interest Bearing – Money Market
Assets Under Management (R m) (Mar 2019)
R3 068 R 114 3.715%
Number of Accounts (Mar 2019)
17 1 5.882%
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 3 068 R 3 182
    Local    R 3 068    R 3 182
    Foreign    R 0    R 0
Property R 0 R 0
On FoF R 0 R 0
Fund Investment Aims, Objective and/or Universe
The Discovery Money Market Fund aims to earn a higher level of income than fixed and call deposits over time and to outperform South African money market indices.

Further, it aims to protect investors' capital and provide them with immediate liquidityThe fund targets returns in excess of the benchmark, measured over rolling one-year periods.The primary performance objective of the fund is to obtain a high level of current income as is consistent with capital preservation and liquidity.
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