CAPITAL PROTECTION AND LIQUIDITY
Momentum Money Market Fund
This unit trust is suited to investors with a low-risk profile seeking a competitive return without compromising on liquidity or capital invested.
The Momentum Money Market Fund falls within our fixed income investment capability set. It is a low-risk fund that aims to outperform the Short-term Fixed Interest Composite Index before fees, over one-year rolling periods. A focus on diversification of credit risk, high liquidity and management of interest rate risk makes this fund an attractive alternative to traditional call accounts and fixed deposits.
Fund objectives
Asset class
Money Market
Risk
Low
Term
1-12 months
Understanding the investor’s risk profile
The Momentum Money Market Fund is suitable for investors who want access to cash or capital protection with moderate capital growth. In an investment portfolio, a money market fund is a good diversification away from more risky investments like equities.
Understanding the fund's risk profile
Capital losses for investors are unlikely but possible if an issuer of one of the instruments held in the fund defaults.
One to twelve months.
Fund manager
Zisanda Gila
Portfolio Manager
Bcom(Acc), Certificate in Financial Mathematics (UNISA)
Managing the fund since 2017