Prime Money Market Fund B | Investment & Savings

The Hollard Prime Dynamic Income Fund B
The Hollard Prime Equity Fund B
The Hollard Prime Money Market Fund B

The Hollard Prime Money Market Fund B

About the fund:

The primary investment objective of the fund is to maximise interest income, preserve the fund’s capital and provide immediate liquidity by investing in money market instruments with a maturity of less than 13 months.

This fund is suitable for investors who:

Seek exposure to a stable, unitary-priced, income providing investment vehicle
Are not comfortable with price fluctuations
Are averse to the risk of capital loss
Typically have an investment horizon of one year or more
Wish to use the Fund as a short-term interest-bearing ‘building block’, or a phasing-in vehicle, in a diversified multi-asset class portfolio

Overview:

Benchmark	ASISA Sector	Risk	Launch Date	Income Distribution	Regulation 28
ASISA Sector Median	SA Interest-Bearing - Money Market	Conservative	23 January 2014	Monthly	Yes

Exposure Limits:

In SA	Ex SA	In Africa	Fixed Interest	Property	Equity
≥55%	≤45%	≤10%	≤13 months individual residual maturity, ≤120 days weighted legal maturity, ≤90 days weighted modified duration	No Property	No equity or preference shares

Factsheets:

Latest Factsheet

March 2024 Factsheet

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Year:

Month:

Prices:

Latest Price

100

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Date Range:

Yields:

Effective yield:

6.45%

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Date Range:

Investor Report

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The Hollard Prime Money Market Fund B

Disclaimer

Money Market Fund Yields:

Cents per unit refers to the interest calculated daily and paid out monthly in respect of each unit. Each monthly distribution is based on the actual interest accrued during the relevant month.
Effective yield is the annual rate at which an investment grows in value, when interest is compounded over a year and credited to the capital amount. This is the yield normally published in the newspaper.
Calculation of effective yield is the accrual in cents per unit for the previous seven days, converted into an average annual nominal yield and divided by the compounding factor to obtain a periodic effective rate (Association of Savings and Investment SA). This figure is then converted to an annual effective rate.

The Hollard Prime co-named funds (as defined in BN 778 of 2011) are registered under the Prime Collective Investment Scheme, managed by Prime Collective Investment Schemes Management Company (RF) (Pty) Ltd (“Prime CIS”) (Registration No. 2005/017098/07), a registered Collective Investment Schemes Management Company in terms of the Collective Investment Schemes Control Act 45 of 2002, supervised by the Financial Sector Conduct Authority (‘FSCA’). Hollard Investment Managers (Pty) Ltd is the FSCA approved and appointed investment manager of the co-named CIS funds.

The Hollard Prime Property Fund B
The Hollard Prime Strategic Assertive Fund of Funds B
The Hollard Prime Strategic Balanced Fund of Funds B
The Hollard Prime Strategic Defensive Fund of Funds B
The Hollard Prime Yield-Plus Fund B
The Hollard Focused Global Equity Fund C