Marriott Money Market Fund   

Fund Objective

The Marriott Money Market Fund has its primary objective to maximise interest income while preserving capital and providing immediate liquidity through investments in high quality money market instruments denominated in South African Rands. The fund is a money market investment with competitive yields, low management fees and maximum security of capital. Although the mandate does not prescribe it, the portfolio is managed in conformity with prudential investment guidelines.

How to access this Fund?

Speak to your Financial Advisor about investing with Marriott

Key Features

Currency ZAR
Fund Classification South African – Interest Bearing – Money Market
Inception Date 1 February 2008
Unit Class A
Minimum Initial Investment R500
Minimum Additional Investment R300
Minimum Debit Order R300
Distribution Declaration Dates Last working day of the month
Distribution Payment Dates First working day of the month
Risk Category Conservative
(risk category)

Fund Limits and Constraints

The fund only invests in instruments with a maturity of less than one year and with a minimum national short-term rating of F1. It has a defensive asset allocation and the average maturity of the underlying assets will not exceed 90 days. Credit exposure to issuers is subject to local Collective Investment Scheme (Unit Trust) regulation.

Fees and Charges (excluding VAT)

Advisor Initial Fee 0%
Advisor Annual Fee maximum 0.5%
Marriott Initial Fee 0%
Marriott Annual Management Fee maximum 0.25% Class A
maximum 0.5% Class B

For more details on the fees and charges, please refer to the Terms and Conditions and the Factsheet.