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. This fund is suitable for investors requiring a Tax Free Investment solution.

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 26 April 2017