Old Mutual Money Market Fund
MANAGEMENT Fund Manager's Comment
Michael van Rensburg, BCom
Michael started his career on the Money Market desk of the Department of Post and Telecommunications. As a Money Market Manager his primary functions were the daily management of cash flows and the investment of surplus funds. He was also responsible for the start-up of the Commercial Paper Bill program and the successful implementation of the counterparty credit limits. After three years on the Money Market desk he moved to the Capital Market as a market maker for Telkom long-term debt. He subsequently joined ABSA where he worked as a market maker for their Treasury Division. Prior to joining Old Mutual Asset Managers, Michael worked for Sanlam Asset Managers as head of Fixed Income Trading. Michael currently heads up Old Mutual Asset Manager's Fixed Income Trading desk. In addition, he also manages the Old Mutual Money Market Fund, the Namibia Money Fund as well as a number of aggressive bond funds.
FUND OBJECTIVES AND FOCUS

The fund aims to deliver a regular income and to outperform bank deposits over time, while preserving capital. The fund invests in money market securities with a maturity of less than 12 months. The fund's average maturity may not exceed 90 days.


Click here to Download CSV
WEBGRAPH
RANKING
SectorSouth African-Interest Bearing-Money Market
SizeR13,441,602,912
Sector Rank: 9 out of 27
(lump sum over 3 years to 31 July 2017)
Overall Rank: 287 out of 818
(lump sum over 3 years to 31 July 2017)
R1000 invested on 31 July 2014 was worth R 1225 at 31 July 2017
( 7.01% annual compound return)
R100 per month since 31 July 2014 was worth R 4028 at 31 July 2017
( 7.18% annual return compounded monthly)
TECHNICAL OVERVIEW
Formation Date:26 AUG 1998 Holdings:81
Original Price:0 Pricing:Forward
Top Holdings on 31 July 2017
Share (Sector)No.Value% of Fund
TFS135 (Bond)013,046,598 0.10 %
CASH (Cash on call)02,031,743,553 15.12 %
MM-02MONTH (Money Market)02,268,412,570 16.88 %
TOTAL R4,313,202,72132.1%

Send e-mail to
© 2018 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.