A rand-denominated money market fund that invests in South African money market instruments only.
This fund is suitable for investors wishing to utilise their Tax Free Investment allowance.
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.
Effective yield* as at 16 October 2017
LATEST UNIT PRICES(*CENTS PER UNIT)
RECM Money Market Fund, A (ZAR)* - 7.59