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Ninety One Corporate Money Market Fund  |  South African-Interest Bearing-SA Money Market
1.0000    0.00    (0.00%)
NAV price (ZAR) Thu 28 Nov 2024 (change prev day)


 
Technical Details  
 

Formation Date (A)

12 Dec 2007

Fund Size (ZAR)

24 006 369 602

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A)

CMMA

ISIN (A)

ZAE000101051

Pricing

Daily

Number of unitholders

224

ASISA Category

SA-Interest Bearing-SA Money Market

Benchmark

STeFI Overnight Call

Income Distributions

-

Income Payment

-

Trustee

FirstRand Bank Ltd.

Management Company

Ninety One Fund Managers SA (RF) (Pty) Ltd.

Fund Management

Lisa MacLeod, Vivienne Taberer

Minimum Investment

R0

Minimum Top-Up

-

Minimum Monthly

no minimum

Risk Rating

Low

 
Fund Objective  
 
The Ninety One Corporate Money Market Fund is attractive to corporate investors seeking to maximize the yield on their surplus cash while enjoying the flexibility of a highly liquid investment. The fund is tailored to the most conservative investors with a primary objective of capital preservation and bank diversification whilst achieving returns in excess of call rates.
 
Management  
 
Lisa MacLeod (BSc (Hons) (Finance), CFA)
Lisa is a portfolio manager within the South African Rates team at Ninety One responsible for managing short duration strategies. Her portfolio management duties include running the Money Market unit trust and Money Fund (life portfolio). Prior to joining the firm, Lisa spent two years working in London gaining exposure to the fixed income area at SBC Warburg and later joined Deustche Morgan Grenfell. She obtained a Bachelor of Business Science (Honours) degree majoring in Finance and Economics from the University of Cape Town and is a CFA Charterholder.

Vivienne Taberer (B Com, LLB, SFA)
Vivienne is an investment specialist and portfolio manager in the Global Emerging Market Debt team at Ninety One where she is responsible for Latin American bond and currency markets. Prior to joining the firm in 2002, Vivienne worked at Standard Bank in London for seven years, initially specialising in South African fixed income before moving into sales and trading across the whole spectrum of emerging market debt. Prior to this, she worked at Mizuho International in London and First National Bank trading South African bonds, bond options, FRAs and swaps. Vivienne graduated from the University of the Witwatersrand with a Bachelor of Commerce degree and a Bachelor of Laws degree, and has completed the London School of Business Investment Management Programme.
 
Fees and Costs - Class A
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee0.15%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (30/09)0.18%
TER Performance Fee0.00%
Transaction Costs Ratio0.00%
Total TER0.18%
 
Distribution - Class A
DeclaredPayAmountClassCurrency
31 Oct 20241 Nov 20240.706AZARc
30 Sep 20241 Oct 20240.698AZARc
31 Aug 20242 Sep 20240.723AZARc
31 Jul 20241 Aug 20240.723AZARc
30 Jun 20241 Jul 20240.698AZARc
31 May 20243 Jun 20240.720AZARc
30 Apr 20241 May 20240.699AZARc
31 Mar 20241 Apr 20240.729AZARc
29 Feb 20241 Mar 20240.682AZARc
31 Jan 20241 Feb 20240.729AZARc
 
Statutory Data
 
Management CompanyNinety One Fund Managers SA (RF) (Pty) Ltd.
Registration Number1987/004390/07
DirectorsNoluthando Gosa, John C Green, Thabo Khojane
TrusteeFirstRand Bank Ltd.
AuditorsKPMG South Africa
Sponsors-
AdvisorsNinety One SA (Pty) Ltd.
Physical Address36 Hans Strijdom Avenue Foreshore Cape Town 8001
Postal AddressPO Box 1655 Cape Town 8000
Telephone0860-500-900
Tollfree-
Fax021-901-1000
Email[email protected]
Websitehttp://https://ninetyone.com/en/south-africa