Prudential Money Market Fund - Funds - Prudential
 

Prudential Money Market Fund

Who Should Invest

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.

  • INCOME
  • SHORT TERM

RISK PROFILE

Low Risk

LATEST YIELD

-

  • FUND RETURN

  • BENCHMARK RETURN

  • OUTPERFORMANCE

Details

ASISA category

South African - Interest Bearing - Money Market

Benchmark

STeFI Call Deposit Index

Regulation 28 Compliant

Yes

Fund managers

Roshen Harry and Sandile Malinga

Inception date

09 April 2002

Min lump sum

Investor Class (A): R50 000

Min debit order

Investor Class (A): n/a

Income declaration

Accrued daily, distributed monthly

Yield

DATE UNIT YIELD

Fees

Initial Fees (excl. VAT):

No initial fees are charged

Annual Management fees (excl.VAT):

Investor Class (A): 0.35%

Financial Adviser Service Fee

No Financial Adviser fee is charged