GRYPHON MONEY MARKET FUND
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
The Gryphon Money Market Fund is a low-risk investment product.
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
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.