By investing in the Money Fund, you receive a market related
interest rate based on the average of the best four South African
money market funds on a daily basis.
Investec Private Bank researches the market
to ensure that you attract the highest possible
average rate on a daily basis.
The Money Fund
5.90%
The funds highlighted in blue below constitute the universe of funds in determining the money fund rate. The qualifying criteria are:
  • A fund size of R1 billion or more
  • Less than 25% invested in Corporate Debt
* The gross rates as quoted are effective, indicative and correct as at 24 April 2014, rates and number of ranked funds are subject to change from time to time and MoneyMarket.co.za accepts no responsibility for changes in rates, fund size or fund rankings. MoneyMarket.co.za may levy an administration fee of up to 0.25% incl. vat, which will result in a reduction in yield. Past performance is not necessarily a guide to future performances.
All Money Market Funds
RankFundRate
1 Cadiz Money Market Fund 6.08%
2 Allan Gray Money Market Fund 5.94%
3 Momentum Money Market 5.84%
4 Gryphon Money Market Fund 5.76%
5 Community Growth Money Market Fund 5.74%
6 Coronation Money Market 5.71%
7 Glacier Money Market Fund 5.67%
8 SIM Money Market Fund 5.65%
9 Standard Bank Money Market Fund 5.65%
10 Investec Money Market Fund 5.63%
11 PSG Money Market Fund 5.63%
12 Old Mutual Money Market Fund 5.62%
13 Nedgroup Investments Money Market Fund (R) 5.62%
14 Prudential Money Market Fund 5.57%
15 Oasis Money Market Fund 5.55%
16 Symmetry Money Market Fund 5.53%
17 ABSA Money Market Fund 5.42%
18 Marriott Money Market Fund 5.26%
Interested in this information?
Contact: MoneyMarket.co.za
Telephone: 041 374 0010
Email: rates@moneymarket.co.za
Downloads
FAIS Disclosure Download
Money Market Fund Information Download
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