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| Fairtree Money Market Fund Fact Sheet MDD |
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Fairtree Money Market Fund Fact Sheet MDD
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The main investment objective of this Stefi index benchmark money market fund is to maximise current income while preserving capital .
The fund will invest in quality money market instruments with maturity of less than 13 months.
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| Fund Sector |
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| SA – Interest Bearing – Money Market |
| Fund Maximum Annual Fee * |
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0.23%-N
Y or N indicate if performance fee levied or not. Advisor fee excluded. |
| Distribution Periods |
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| Monthly |
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| Launch Date |
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| Mar 2019 |
7 years ago |
| Fund Benchmark |
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| Alex Forbes Stefi Co |
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| Fairtree Money Market Fund Unit Prices |
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The first ever listing of S&P 500 ETF on the JSE was from CoreShares.
Mvunonala Investments in 2017 was embroid in a scandal that involve the dissappearing of huge monies in Bophelo Beneficiary Fund. It never recover from that scandal.
In 2020, Cannon Asset Management, was bought by Seriti Capital Partners, after the transaction its s retail unit trusts dissappeared from retail.
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| Distributions Info (in cents) |
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| Asset Allocation Analysis |
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| Prescient |
| Management Company |
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| Fairtree |
| Asset Management |
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| Our unit trusts prices captured in and around the end of each month and are rounded off to the nearest full 1 cent. |
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