GRYPHON MONEY MARKET FUND
FUND PROFILE
The Gryphon Money Market Fund generates a high level of monthly interest income, while preserving capital. It invests in money market instruments such as government and public-sector securities, treasury bills, debentures and bank deposits. These instruments have a maturity not exceeding 12 months. To ensure that liquidity is available, and the capital is preserved, the average maturity may not exceed 90 days.
WHO SHOULD INVEST IN THIS FUND
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Investors seeking to maximise interest income without putting their capital at risk
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Investors with an appetite for bank deposits or equivalents
INVESTMENT TERM
RISK
The Gryphon Money Market Fund is a low-risk investment product.
KEY FEATURES
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Designed for investors who seek low-risk investment that generates optimal interest income while preserving capital investment
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Invests in only vanilla investments with a short-term credit rating of A1/F1 or better
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The portfolio manager may borrow up to 10% of the market value of the portfolio in order to bridge insufficient liquidity


FUND DETAILS
Portfolio Managers: Abri Du Plessis & Sunette Swart
Benchmark: Short-term Fixed Interest Index (STEFI)
Fees (Incl. VAT):
Initial fee: 0%
Annual Management Fee Fund A: 0.29%
Annual Management Fee Fund C: 0.17%
Minimum lump sum | R2,000
Minimum debit order | R200 p.m.