RECM Money Market Fund

SOUTH AFRICAN INTEREST BEARING MONEY MARKET

Investor Profile
A rand-denominated money market fund that invests in South African money market instruments only.

Investment Objective
To maximise interest income, preserve capital and provide liquidity. This Fund is also suitable for risk averse investors seeking a temporary, safe holding vehicle in times of market uncertainty.

Launch Date: 15 Feb 2010
Fund Size (Class A) R880.5 million
Total Fund Size: R1.14 billion
Reg 28: No
Benchmark: Daily Call Rate
Annual Fee (excl VAT): Class A 0.15% (excl. VAT)
Performance Fee: None

Effective yield* as at 23 March 2017