Gryphon Money Market Fund

The Gryphon Money Market Fund generates a high level of monthly interest income, while preserving capital. It invests in money market instruments such as government and public-sector securities, treasury bills, debentures and bank deposits. These instruments have a maturity not exceeding 12 months. To ensure that liquidity is available, and the capital is preserved, the average maturity may not exceed 90 days.

  • Investors seeking to maximise interest income without putting their capital at risk
  • Investors with an appetite for bank deposits or equivalents

Portfolio Managers: Abri Du Plessis & Sunette Swart
Benchmark: Short-term Fixed Interest Index (STEFI)
Fees (Incl. VAT):

​Initial fee: 0%
Annual Management Fee Fund A: 0.29%
Annual Management Fee Fund C: 0.17%

Minimum lump sum | R2,000
Minimum debit order | R200 p.m.

  • Designed for investors who seek low-risk investment that generates optimal interest income while preserving capital investment
  • Invests in only vanilla investments with a short-term credit rating of A1/F1 or better
  • The portfolio manager may borrow up to 10% of the market value of the portfolio in order to bridge insufficient liquidity

Why invest?

Rainy days, exotic holidays, fancy cars, fairy-tale weddings – for most of us, these things are not going to happen unless we make it happen. To do any of this, we need to have money saved to pay for it – debt quickly turns into a dream-stealer we need to avoid.

Different types of funds

  • Cash funds give you the most predictable return,
    but probably won’t surprise you on the upside.
  • Multi asset funds move your assets between classes
    on your behalf – much like a shock absorber.
  • Index trackers follow the markets, they’re cheap
    as chips and can be just as satisfying.

Which fund?

Understanding how comfortable you are with risk can lead you in the right direction.

Ask yourself:

  • How long can I leave the money without touching it?
  • How much can I afford to save every month?
  • Could I add lump sums now and again?
  • How twitchy will I get if my value goes down?

Tools ‘n things

Playing around with the numbers can help you understand our funds a little better and can go a long way in helping you make your investment decisions. You know what they say: “The best way to learn is to do”.

Now what?

You’ve made the commitment to save and decided on a fund – the hard part is over! Now for the paperwork. Don’t despair – it’s easier than getting a driver’s licence, and we are here to walk you through the process, from the beginning until the very end.

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