USD MONEY MARKET FUND
What is USD MONEY MARKET FUND?
The investment objective of the Fund is to provide a medium whereby investors can obtain undivided participation in a diversified US Dollar denominated portfolio of money market instruments and other short-term securities. The primary performance objective is to obtain as high a level of current income as is consistent with capital preservation and liquidity. The primary objective in selecting securities for the portfolio is to achieve: • a high degree of liquidity to meet inherent liquidity needs timeously; • stable income with minimal potential for capital loss
Who should invest?
The Fund uses high quality short-term Debt and Money Market Securities, deposits with credit institutions and Reverse Repurchase Agreements to enhance returns. Treasury bills and bonds; Fixed and Floating rate deposits; Call account deposits; corporate bonds; commercial paper etc.
Quick facts
Who should consider investing in this fund? Individual investors looking to preserve their USD capital, while also benefitting from the superior interest rates being offered by the Fund. The applications of the Fund are vast and all encompassing, investors can use the Fund for purposes such as; • An Emergency Fund. • International Travel/Payments: Saving for international trips, tuition, or managing USD-based expenditures. • Business Cash Management: Export/import businesses and SMEs use them to protect cash flows from local currency fluctuation. • Currency Hedging: An ideal vehicle for individuals or businesses looking for exposure to the US Dollar etc.
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.