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0  /  0%

100

NAV on 2021/02/25
NAV on 2021/02/24 100
52 week high on 2020/02/28 100
52 week low on 2020/02/28 100
Total Expense Ratio on 2020/09/30 0.58
Total Expense Ratio (performance fee) on 2020/09/30 0
NAV
Incl Dividends
1 month change 0% 0.33%
3 month change 0% 1.01%
6 month change 0% 2.12%
1 year change 0% 5.05%
5 year change 0% 7%
10 year change 0% 6.23%
Price data is updated once a day.
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  • Sectoral allocations
Liquid Assets 2056.15 2.41%
Money Market 83137.88 97.59%
  • Top five holdings
MM-05MONTH 19637.63 23.05%
MM-02MONTH 16638.97 19.53%
MM-09MONTH 10495.05 12.32%
MM-08MONTH 6016.20 7.06%
MM-10MONTH 5379.25 6.31%
  • Performance against peers
  • Fund data  
Management company:
Absa Fund Managers (RF) (Pty) Ltd.
Formation date:
1997/05/02
ISIN code:
ZAE000019337
Short name:
U-ABSAMM
Risk:
Unknown
Sector:
South African--Interest Bearing--Money Market
Benchmark:
STeFI Composite index
  • Fund management  
Juan Bekker
Juan joined ABAM in January 2008 and is responsible for the management of ABAM's largest fund, the ABSA Money Market Fund. He also manages the ABSA Income Fund along with other segregated fixed interest funds. Juan entered the asset management industry in 1989 when he joined Senbank Portfolio Management Services, in the fixed interest department. In 1994 he joined Liberty Asset Management where he was responsible for managing the Guard Bank Money Market Fund, along with segregated fixed interest funds. In 2001 Liberty Asset Management and Standard Bank Asset Managers merged to form Stanlib Asset Management, here he managed the Stanlib Institutional Money Market Fund, the Botswana Pula Money Market Fund, the Namibia Cash Plus Fund as well as segregated fixed interest funds.
Rehana Rungasamy
Rehana joined Absa Asset Management in May 2008 as a Fixed Interest Rate Dealer, where she assumed responsibility for the money market and bond trading. Previously, she worked for Stanlib Asset Management where she fulfilled different roles, starting out as a Trade Processing Manager before joining their Fixed Interest Rate trading desk as a money market Dealer. Rehana holds a Bcom degree specializing in Accounting and Economics from UNISA.


  • Fund manager's comment

2020/02/13 00:00:00
The primary performance objective of the portfolio is to obtain as high level of current income as is consistent with capital preservations and liquidity. Capital gains will be of an incidental nature
  • Fund focus and objective  
The fund aims to achieve this by investing in graded short-term money market instruments. The fund invests principally in cash, deposits and money-market instruments. The fund has a maximum weighted duration of 90 days
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