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0  /  0%

100

NAV on 2021/03/02
NAV on 2021/03/01 100
52 week high on 2020/03/03 100
52 week low on 2020/03/03 100
Total Expense Ratio on 2020/12/31 0.58
Total Expense Ratio (performance fee) on 2020/12/31 0
NAV
Incl Dividends
1 month change 0% 0.31%
3 month change 0% 0.94%
6 month change 0% 1.92%
1 year change 0% 4.78%
5 year change 0% 6.94%
10 year change 0% 6.3%
Price data is updated once a day.
Click and drag to zoom in on timeline.
  • Sectoral allocations
Liquid Assets 189.79 4.22%
Money Market 4302.94 95.78%
  • Top five holdings
MM-02MONTH 864.46 19.24%
MM-03MONTH 779.41 17.35%
MM-01MONTH 587.12 13.07%
MM-06MONTH 380.61 8.47%
MM-05MONTH 365.81 8.14%
  • Performance against peers
  • Fund data  
Management company:
Glacier Management Company Limited
Formation date:
2001/05/02
ISIN code:
ZAE000030300
Short name:
U-INNOMMA
Risk:
Unknown
Sector:
South African--Interest Bearing--Money Market
Benchmark:
STeFI Composite
Email
client.services@glacier.co.za

Website
http://www.glacier.co.za

Telephone
021-917-9002 / 0860 GLA ENG

  • Fund management  
Donovan van den Heever
Johan Verwey


  • Fund manager's comment

Glacier Money Market Fund Comment- Jun 13

2013/08/29 00:00:00
Inflation decreased from 5.9% to 5.6% year on year from the previous month. Inflation is expected to remain within the target range of 3% to 6% for an extended period. Risks to inflation remain evenly balanced.
The money market yield curve steepened during the month. The 3-month rate increased from 5.125% to 5.150% and the 12-month rate increased from 5.633% to 5.825%.
Treasury bills in the 91 days traded above the bank rates and credit spreads on short term corporate credit narrowed during the month.
Current forward rates suggest that the repo rate will remain unchanged for an extended period with the risk towards a rate hike going forward.
  • Fund focus and objective  
The fund may only invest in cash and money market instruments with a maturity not exceeding 13 months and a weighted average duration not exceeding 120 days. Money market instruments include bankers' acceptances, debentures, negotiable certificates of deposit, treasury bills and call accounts issued by government, parastatals, companies and banks.
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