The fund pays out income monthly. OLD MUTUAL AT A GLANCE Find out more about Old Mutual by downloading this informative summary. Mutual Fund/Unit Trust Scheme: Mutual Funds Offered: Minimum Initial Investment (KES) African Alliance *Kenya Shilling Fund Fixed Income Fund Equity Fund Managed Fund. This money market mutual fund holds the money you use to buy securities, as well as the proceeds whenever you sell. TRUSTEE. Download Old Mutual App. The fund invests in money market securities with a maturity of less than 36 months (securities that are usually only available to the wholesale or institutional investor). Box 11589, 00400, Nairobi, Kenya. For more information on this fund, please view the Fund Fact Sheet. The fund’s average maturity may not exceed 90 days. Fund research and information Get up to date information on funds, including a 12-month outlook from a selection of fund managers. While capital losses are unlikely, they can occur if, for example It is recommended that the funds be invested for at least 1 year. old-mutual-money-market-fund. Sanlam Money Market Fund 31st December 2020 Money Market Fund (MMF) aims to deliver a higher level of income compared to average banks’ fixed deposits. It is recommended that the interest be reinvested in to the fund so as to maximize return on investment through compounded growth. About Old Mutual Real Income Fund Old Mutual Real Income Fund is an open-end fund incorporated in South Africa. 25% of the fund's total assets are interest bearing while the remaining are spread out in equities and other investments. Why choose this fund? The fund invests in a range of money market instruments which include negotiable certificates of deposit , bankers’ acceptances, debentures, treasury bills and call accounts. Capital preservation is of primary importance and the fund offers immediate liquidity. 7 years ago How To Invest Using I-Invest By Old Mutual On Your Mobile Phone In Kenya. TAX REFERENCE NUMBER: 9007/027/60/1 ISIN CODES: Class A ZAE000020749 Class B1 ZAE000137642 Funds are also available via Old Mutual Wealth and MAX Investments. Free and open company data on Mauritius company Old Mutual US Dollar Money Market Fund (company number C127725), C/o SGG Fund Services … Recent Post by Page. TAX REFERENCE NUMBER: 9007/027/60/1 ISIN CODES: Class A ZAE000020749 Class B1 ZAE000137642 Funds are also available via Old Mutual Wealth and MAX Investments. Innovative, simple and affordable, the Old Mutual Money Account gives you two accounts in one innovative card: a fully transactional SWIPE Account and a SAVE Account to help you grow your savings. Visit Old Mutual Invest to learn more about the full range of investments available to you. 100,000 Britam Money Market Fund Income Fund Balanced Fund *Managed Retirement Fund *Bond Plus Equity Fund. The current rate for Sanlam Kenya Money Market Fund is 10.32% as at 1 November 2019. Each of the four has a separate role in how the money market fund works. The fund has never experienced a negative return over any calendar month since inception. The Old Mutual Balanced Fund distributes quarterly. UAP Old Mutual. Old Mutual is a member of the Association for Savings and Investment South Africa (ASISA). Returns on the Money Market Fund. For more information on this fund please view the Fund Fact Sheet. ... should a new favourite emerge or an old favourite sink, I will update this section of the post accordingly ... Would you recommend i investing in gov’t bonds or mutual fund if I have 2m which I need it after five years. Money market funds are mutual funds that investors typically use for relatively low-risk holdings in a portfolio. 100,000: Commercial Bank of Africa Money Market Fund Equity Fund Which is the best money market fund in Kenya? I have experience with cic and old mutual and judging from the daily yields as given in the daily papers old mutual would come in last..I would vouch for cic.. With the fund, you get to earn between 8-10%* in interest as you build your savings. The fund aims to provide both a growing income and some level of capital appreciation. ... Heritage Insurance Company Kenya Ltd. Insurance Company. Money market mutual funds are among the lowest-volatility types of investments. Unit Trust savings: Your SAVE account is a Unit Trust, so you don’t just earn a flat interest rate. Anyone with experience with either cic,britam or old mutual? Mutual Funds vs. Money Market Funds: An Overview . Helpline 0860 234 234 Fax +27 21 509 7100 Internet www.omut.co.za Email unittrusts@oldmutual.com The net annual yield of the Old Mutual money market fund is approximately 7% ( could be more). The fund may only invest in money market instruments with a maturity of less than 13 months. OLD MUTUAL NEDBANK NAMIBIA MONEY MARKET FUND MAY 2020.