MONEY MARKET FUND
What is MONEY MARKET FUND?
The Vunani Botswana Money Market Fund is a unit trust (collective investment scheme) that aims to maximise income while preserving capital in the short term and to ensure liquidity of funds invested. It invests in a wide range of highly marketable short-term debt securities, which include short-term government securities like treasury bills, corporate financial instruments such as bankers’ acceptances, negotiable certificates of deposit (NCDs}, commercial paper and other debt securities. There is currently a great demand for alternative cash products in Botswana, and this fund is ideally positioned for investors who are looking for investment returns that are stronger than local bank deposits with the convenience of a call account
Who should invest?
The fund caters for corporates, institutions and private investors who have cash available to invest over the medium-term, who require the flexibility to withdraw funds at relatively short notice. This fund is suitable for: Investors who require a wholesale interest rate on cash. Short-term investors requiring a ‘parking bay’ for their cash. Investors who require low-risk, secure investments with yields in excess of traditional banking products.
Quick facts
Why invest in the Blacklinefiduciary Services Botswana Money market Fund? In the past, investors have relied on savings accounts as a saving vehicle for a home purchase, children’s education, retirement or for emergencies. Investors now have the opportunity to utilise the VUNANI Botswana Money Market Fund for all their savings needs, at higher yields on cash deposits than traditional savings accounts and term deposits. The economies of scale achieved through pooling of investments enables the fund manager to purchase higher yielding instruments that individual clients and medium sized corporates and institutions would not normally have access to through traditional savings and normal bank deposits. The fund also gives investors direct access to the expertise and experience of one of Africa’s leading money market investment teams.
Investment information, fees, prices and returns displayed on this page should be reviewed and approved before publication. Indicative returns are not guarantees of future performance.