The Allan Gray Money Market fund is a conservative fund that invests in local money market instruments. This fund strives to comply with retirement fund regulations. The fund aims to provide a constant level of growth by preserving capital.
Want a conservative growth that is almost guaranteed.
Want liquidity in their investment
Benchmark
The Allan Gray Money Market fund aims to outperform the Short Term Fixed Interest (STeFI) Composite Index, by Alexander Forbes.
Strategy of Allan Gray Money Market Fund
The Allan Gray Money Market fund invests into the following money market instruments: South Africa (12.4%), Eskom (1%), Government (13.4%), Corporate (23.6%), Banks (63.2%).