SA Unit Trust

Ninety One Corporate Money Market Fund

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Objective

Investment objective summary

  • The Fund aims to outperform STeFI overnight call rates over the interest rate cycle while maintaining a high degree of liquidity
      • The Fund invests in eligible money market instruments (currently instruments with a maturity of less than 13 months)
      • Any net revenue will accrue and be declared to unitholders on a daily basis and distributed on each distribution date
      • The Fund has no intention of investing its assets offshore
      • Investment may also be made in derivatives (limited to interest rate swaps only)

      Fund features

      • This is a conservatively-managed fund, with a maximum average duration of 90 days
      • Investments are only made in highly rated short-term money market instruments issued predominantly by South African banks
      • Investments are also made in foreign banks authorised to conduct business in South Africa that have sound credit ratings, government issued paper and parastatal paper
      • The fund does not invest in derivatives or foreign exchange exposures
      Lisa MacLeod
      Portfolio Manager
      Lisa is a portfolio manager within the South African Rates team at Ninety One responsible for...
      Team
      Portfolio Manager

      Performance & returns

      Literature & factsheets

      Portfolio & Holdings

      Date as of 28/02/2026
      Sum Of Local Assets
      100
      Cash / Money Market
      100

      Distributions & yields

      Specific fund risks

      Default

      There is a risk that the issuers of fixed income investments (e.g. bonds) may not be able to meet interest payments nor repay the money they have borrowed. The worse the credit quality of the issuer, the greater the risk of default and therefore investment loss.

      Interest rate

      The value of fixed income investments (e.g. bonds) tends to decrease when interest rates rise.

      Important information

      The information, views and opinions provided are general in nature, for informational purposes only, and should not be construed as advice.

      No action should be taken without appropriate professional guidance. We do not act as advisors or in a fiduciary capacity.

      While we strive for accuracy and timeliness, we make no guarantees as to completeness or correctness and are not obliged to update the information.

      This material does not constitute a full summary of the risks associated with any product, fund, service or strategy.

      Relevant risk disclosures are available in the applicable documents, which can be requested free of charge.

      For details on specific funds, please refer to the relevant fact sheets.

      For mandatory disclosures about this investment, further important information on indices, fund ratings, yields, targeted or projected performance returns, back tested results, model return results, hypothetical performance returns, the investment team, the investment process and specific portfolio names, please click here.