SA Unit Trust


Latest NAV Price - March 23, 2023


Dealing currency


NAV daily change %

ZAR 8.72 B

Fund size - March 23, 2023


Investment objective summary

The Fund aims to provide a return in excess of the returns typically provided by money market funds

The Fund will also seek to maintain a high degree of liquidity (ability to convert investments to cash easily) and capital preservation. However, this is not guaranteed

The Fund invests primarily in short term money market instruments (tradable securities where money can be invested for short periods) but will have the opportunity to buy longer dated fixed income securities (contracts to repay borrowed money which typically pay interest at fixed times) should the market conditions permit

Aims to provide a low exposure to risk

Other investments may include the units of other funds (including foreign funds) and derivatives (financial contracts whose value is linked to the price of an underlying asset) and those eligible securities not listed on a recognised stock exchange


Fund features

Designed for investments of six months and longer, and includes only investment-grade credit

Seeks to provide lower volatility than traditional income and bond funds, but higher volatility than money market funds

The Fund is a short term money fund and while it aims to preserve capital, this is not guaranteed