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Sep 8, 2023 · Money market returns have beaten inflation by only 0.91%; South African equities have beaten inflation by 4,06%; and Global equities have outperformed inflation by 9.66%.
- What Is A Money Market Fund?
- Cash in Investing
- Differences Between Money Markets
- Types of Money Market Funds
- Top 10 Money Market Funds in South Africa
In South Africa a money market fund is a type of a mutual fund that invests in short-term debt securities such as cash, cash equivalent securities, and high-credit-rating. Money market funds are managed and run with the aim of sustaining a highly stable asset value through highly liquid investments, while paying dividends to investors. In South Afr...
The term “cash” is used rather loosely. Sometimes itrefers to cold hard cash in your wallet and other times it refers to money in your checking or savings account. But when it comes to investing, cash describes an entire asset class. But what exactly is cash in the investing world? Cash typically describes funds held in money market accounts, which...
There are generally two types of money markets: accounts and funds. Banks and credit unions offer money market accounts and the investing world offers mutual funds. In this article we will focus on money market mutual funds.
There are many types of money market funds, but they're generally divided into two types: taxable and non-taxable.
27Four Money Market Fund – A1Cadiz BCI Money Market Fund – APrescient Money Market Fund – A2Ninety One Money Market Fund – APeople also ask
What are the best money market funds in South Africa?
How do money market funds work in South Africa?
Are money market funds safe?
Are money markets a risky investment?
Long-term returns show that the fund is a strong performer and one of the best money market funds in South Africa. For benchmark performance, the Allan Gray Money Market Fund charges a management fee of 0.25%. The fund’s total investment fee is 0.29%, which includes a 0.04% VAT charge.
Standard money market funds: Typically designed for a 3-month+ investment horizon, these funds take slightly more duration and credit risk than their short-term counterparts, offering the potential for return uplift.
Mar 30, 2022 · However, the real returns offered by money market investments simply cannot beat inflation at current levels of 5.70% whilst the interest rate in South Africa is a meagre 4.25%. An...
Apr 5, 2019 · Data by the Association for Savings and Investments South Africa (Asisa) released in February mirrors this sentiment, showing that that income funds posted real returns of 4% in 2018, and in the last three years, they have performed well, with higher real returns than low-equity cautious funds.
Money market funds have far lower risks of losses than equity investments, but losses do occur from time to time. Unfortuanately, most money market funds aren't credit rated, so it's difficult to get a handle on exactly how much risk is being taken.