|Prudential Money Market Fund|
|MANAGEMENT|| Fund Manager's Comment|
|Roshen Harry, B.Com., PGDA, CA(SA), CFA|
|Roshen Harry is a Portfolio Manager at Prudential Investment Managers, with 10 years experience. Having joined the group in May 2006, he is co-Portfolio Manager of Prudential s Enhanced Income Fund, High Interest Fund and Money Market Fund.|
|Sandile Malinga, BSc (Mathematical Statistics and Actuarial Science)|
|Sandile joined our fixed interest team in November 2013. He has joint portfolio management responsibility for our Prudential High Interest Fund, and provides analytical and econometric support to our fixed interest investment process. Sandile also has some fixed interest and derivative dealing responsibilities.|
|FUND OBJECTIVES AND FOCUS|
The fund aims to protect the capital of invetors in an absolute sense, whilst providing income in excess of short term bank deposit notes. Investor's capital remains highly liquid.
This fund is suitable for risk-averse individuals requiring a short term investment with protection from equity and bond market type volatility. Capital protection is more important to the individual than long term capital growth.
|Sector||South African-Interest Bearing-Money Market|
|Sector Rank: 26 out of 31 |
(lump sum over 3 years to 30 June 2015)
|Overall Rank: 254 out of 1038 |
(lump sum over 3 years to 31 July 2019)
|R1000 invested on 31 July 2016 was worth R 1236 at 31 July 2019|
( 7.31% annual compound return)
|R100 per month since 31 July 2016 was worth R 4015 at 31 July 2019|
( 6.99% annual return compounded monthly)
|Formation Date:||09 APR 2002
|Top Holdings on 31 July 2019|
|Share (Sector)||No.||Value||% of Fund|
|CASH (Cash on call)||0||91,190,660|| 6.96 %|
|MM-02MONTH (Money Market)||0||319,400,427|| 24.39 %|
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