This fund is recommended for risk-adverse investors wanting a short-term investment with protection from equity and bond market-type volatility, who need an inexpensive safe haven to house funds while earning above-inflation returns. The recommended investment horizon is one to 12 months.
This fund aims to provide income above short-term bank deposit rates while preserving capital and liquidity.
Africa Money Market
IJG Call Index
Gareth Bern and Roshen Harry
12 March 2010
Investor Class (A): N$10 000
Accrued daily, distributed monthly
No initial fees are charged
Investor Class (A): 0.50%
This fund invests in cash and a variety of other high-quality money market instruments with a maturity of less than one year. The weighted average duration of the underlying assets may not exceed 90 days.
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