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

  • Investors seeking to maximise interest income without putting their capital at risk

  • Investors with an appetite for bank deposits or equivalents 

 

 

INVESTMENT TERM

 

 

 

 

 

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RISK

The Gryphon Money Market Fund is a low-risk investment product.

 

 

 

 

 

 

 

KEY FEATURES

  • Designed for investors who seek low-risk investment that generates optimal interest income while preserving capital investment

  • Invests in only vanilla investments with a short-term credit rating of A1/F1 or better

  • 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 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.

 

T. +27 21 915 5100

F. +27 21 915 5111

E. invest@gryphon.com

www.gryphon.com

 

1st Floor, Bonitas Office Park East, Southgate,

Tyger Waterfront, Carl Cronje Drive,

Tyger Valley, Bellville, 7530

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An authorized financial services provider: FSP No. 581