Over 15 years experience. Worked at Sanlam, Futuregrowth, Decillion, PSG Asset Management and South Easter Fund Management.
Michele van der Berg, RPE
Michele has worked at Cadiz for 16 years. She has completed her RPE.
FUND OBJECTIVES AND FOCUS
The fund aims to deliver high levels of income in excess of returns available through fixed term deposits and call accounts offered banks, while providing investors with capital protection and the stability of monthly returns and liquidity.
FUND INVESTS IN:
The fund invests in a range of South African money market instruments. These assets include bankers' acceptances, debentures, negotiable certificates of deposit, treasury bills and call accounts. The fund may only invest in money market instruments with a maturity of less than one year and its average duration may not exceed 90 days, with its weighted average legal maturity (life) may not exceed 120 days. The Fund's returns are further enhanced by the inclusion of selected, highly rated, corporate paper
*Investors seeking a low risk fund to diversify their portfolio.
*Those wishing to "park" their savings for a short period of time as an alternative to a bank deposit.
*Those seeking capital protection but not capital growth.
*Investors who have a one month or longer investment time horizon. Ideally the fund is not suited for lengthy investment terms as it has no exposure to growth assets.