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100

NAV on 2019/05/20
NAV on 2019/05/17 100
52 week high on 2018/05/22 100
52 week low on 2018/05/22 100
Total Expense Ratio on 2013/09/30 0.55
Total Expense Ratio (performance fee) on 2013/09/30 0
NAV Incl Dividends
1 month change 0% 0.59%
3 month change 0% 1.76%
6 month change 0% 3.56%
1 year change 0% 7.39%
5 year change 0% 7.05%
10 year change 0% 0%
Price data is updated once a day.
  • Sectoral allocations
Liquid Assets 22.12 3.47%
Offshore 614.45 96.53%
  • Top five holdings
  • Performance against peers
  • Fund data  
Management company:
Prudential Portfolio Managers Unit Trusts Ltd.
Formation date:
2010/03/10
ISIN code:
ZAE000137634
Short name:
U-PRNAMMM
Risk:
Unknown
Sector:
Regional--Namibian--Unclassified
Benchmark:
IJG Money Market Index
Contact details

Email
info@prudential.co.za

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

Telephone
021-670-5100

  • Fund management  
Prudential Investment Managers

Roshen Harry
Roshen Harry is a Portfolio Manager at Prudential Investment Managers, with 10 years’ experience. Having joined the group in May 2006, he is co-Portfolio Manager of Prudential’s Enhanced Income Fund, High Interest Fund and Money Market Fund.
Duncan Schwulst
With eleven years’ experience, Duncan is co-manager of two other Prudential funds. He is also responsible for equity analysis of the listed property companies and credit analysis of property company debt issuers.


  • Fund manager's comment

Prudential Namibian Money Market Comment - Dec 15

2016/03/15 00:00:00
The Fund returned 0.6% (after fees) for the month and has returned 6.0% (after fees) over the past 12 months.
The IJG Money Market Index (including NCDs) increased by 0.6% in December and over 12 months by 6.5%.
Relative to the 90 day maximum average duration, the Fund is currently running an effective duration of 83 days.
Annual inflation, as is measured by the Namibian CPI, decreased by 0.1% in November 2015 to 3.3%. On a month-on-month basis inflation increased by 0.2% largely due to an increase in Food, Furniture and Health. The decrease in annual inflation was mainly due to a decrease in Alcoholic Beverages and Tobacco (6.3%), and Housing Utilities (2.4%).
  • Fund focus and objective  
The fund aims to achieve a high level of current income, while preserving capital capital and liquidity. The fund's objective is achieved by investing in cash and other high-quality money market instruments.
The performance objective is to provide a yield in line with the benchmark yield over a rolling one-year period.
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