Momentum Money Market Fund
MANAGEMENT Fund Manager's Comment
Graham Gough, B Compt,
Graham obtained a Bachelor of Accounting Science from UNISA. He holds the Junior and Ordinary South African Futures Exchange certificates. After completing his articles with Alex Aiken and Carter he joined the United Building Society (now part of the Absa Group) where he was involved in Asset Management, Treasury Management, Treasury Funding and Investment. He is currently a Senior Portfolio Manager with responsibility for Fixed Interest Portfolios managed by Abvest Associates.

FUND OBJECTIVES AND FOCUS

Momentum Money Market Fund is designed to meet specific investor needs in the market for short term interest-bearing investments. The fund offers competitive income returns, while at the same time minimising capital risk. The fund's objective is to outperform the income yield available on money market call accounts.


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WEBGRAPH
RANKING
SectorDomestic-Fixed Interest-Money Market
SizeR893,988,803
Sector Rank: out of 0
(lump sum over years to 30 SEP 2005)
Overall Rank: out of 0
(lump sum over years to 30 SEP 2005)
R1000 invested on was worth R at
(% annual compound return)
R100 per month since 31 July 2003 was worth R 3981 at 31 July 2006
( 6.45% annual return compounded monthly)
TECHNICAL OVERVIEW
Formation Date:01 JUN 1997 Holdings:17
Original Price:100 Pricing:Forward
Top Holdings on 30 SEP 2005
Share (Sector)No.Value% of Fund
CASH (Cash on call)0180,876 0.02 %
MM-02MONTH (Money Market)0438,807,927 49.08 %
TOTAL R438,988,80349.1%

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