You are currently viewing our desktop site, do you want to download our app instead?
Moneyweb Android App Moneyweb iOS App Moneyweb Mobile Web App

0  /  0%

100

NAV on 2021/02/26
NAV on 2021/02/25 100
52 week high on 2020/03/02 100
52 week low on 2020/03/02 100
Total Expense Ratio on 2020/12/31 0.36
Total Expense Ratio (performance fee) on 0
NAV
Incl Dividends
1 month change 0% 0.31%
3 month change 0% 0.94%
6 month change 0% 1.98%
1 year change 0% 5.03%
5 year change 0% 7.16%
10 year change 0% 6.41%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Liquid Assets 238.29 2.37%
Money Market 9835.42 97.63%
  • Top five holdings
MONEYMARK 1797.31 17.84%
MM-01MONTH 1261.99 12.53%
MM-08MONTH 1000.97 9.94%
MM-02MONTH 839.65 8.34%
MM-03MONTH 789.93 7.84%
  • Performance against peers
  • Fund data  
Management company:
Ashburton Management Company (RF) (Pty) Ltd.
Formation date:
2007/11/01
ISIN code:
ZAE000105714
Short name:
U-BJMMMRK
Risk:
Unknown
Sector:
South African--Interest Bearing--Money Market
Benchmark:
STeFI 3 month index
  • Fund management  
Kgothatso Nyabela
Mohamed Ismail


  • Fund manager's comment

BJM Money Market Fund Comment- Jun 12

2012/09/12 00:00:00
Over the quarter money market yields fell as the market discounted a higher probability of an interest rate cut over the next twelve months. The yield differentials between three month and twelve month paper decreasing significantly over the past quarter limiting money markets ability to enhance their yield though holding longer dated paper. The past quarter the funds exposure to the top three banks has increased and its exposure to corporate paper has decreased.
  • Fund focus and objective  
The fund seeks to maximise interest income, preserve capital and provide liquidity. The fund will invest in a diversified portfolio of money market instruments with a maturity of less than one year. The average maturity of the underlying assets should not exceed 90 days. The fund is Regulation 28 compliant and thus spreads investments between five or more banks at all times. A regulation 28 fund is suitable for pre- and post - retirement savings.
INSIDER SUBSCRIPTIONS APP VIDEOS RADIO / PODCASTS SHOP OFFERS WEBINARS NEWSLETTERS TRENDING PORTFOLIO TOOL CPD HUB

Follow us:

Search Articles: Advanced Search
Click a Company: