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SIM Corporate Money Market Fund  |  South African-Interest Bearing-SA Money Market
Reg Compliant
1.0000    0.00    (0.00%)
NAV price (ZAR) Mon 30 Jun 2025 (change prev day)


 
Technical Details  
 

Formation Date (A)

1 Apr 2021

Fund Size (ZAR)

14 727 472 320

Domicile

South Africa

Reporting Currency

ZAR

JSE Code (A)

APMMCA

ISIN (A)

ZAE000296380

Pricing

Daily

Number of unitholders

0

ASISA Category

SA-Interest Bearing-SA Money Market

Benchmark

STeFI Composite

Income Distributions

-

Income Payment

-

Trustee

0

Management Company

Sanlam Collective Investments

Fund Management

Juan Bekker, Rehana Rungasamy

Minimum Investment

R100 000

Minimum Top-Up

-

Minimum Monthly

R1 000

Risk Rating

Low

 
Fund Objective  
 
The investment objective of the Absa Prudential Money Market Fund is to provide a medium whereby investors can obtain undivided participation in a diversified portfolio of such money market instruments as defined by the law as it changes from time to time. The primary performance objective of the portfolio is to obtain as high level of current income as is consistent with capital preservations and liquidity. Capital gains will be of an incidental nature.
This portfolio will be managed in accordance with Regulation 28 of the South African Pension Funds Act and Regulations 29 and 30 of the Medical Schemes Act....Read more
 
Management  
 
Juan Bekker (SAIFM)
Juan joined ABAM in January 2008 and is responsible for the management of ABAM's largest fund, the ABSA Money Market Fund. He also manages the ABSA Income Fund along with other segregated fixed interest funds. Juan entered the asset management industry in 1989 when he joined Senbank Portfolio Management Services, in the fixed interest department. In 1994 he joined Liberty Asset Management where he was responsible for managing the Guard Bank Money Market Fund, along with segregated fixed interest funds. In 2001 Liberty Asset Management and Standard Bank Asset Managers merged to form Stanlib Asset Management, here he managed the Stanlib Institutional Money Market Fund, the Botswana Pula Money Market Fund, the Namibia Cash Plus Fund as well as segregated fixed interest funds.

Rehana Rungasamy (B Com, SAIFM)
Rehana joined Absa Asset Management in May 2008 as a Fixed Interest Rate Dealer, where she assumed responsibility for the money market and bond trading. Previously, she worked for Stanlib Asset Management where she fulfilled different roles, starting out as a Trade Processing Manager before joining their Fixed Interest Rate trading desk as a money market Dealer. Rehana holds a Bcom degree specializing in Accounting and Economics from UNISA.
 
Fees and Costs - Class A
 
Initial Fee0.00%
Advisor Initial Feen/a
Annual Management Fee0.46%
Performance Fee-
Advisor Annual Feen/a
Trailer Fee-
Exit Fee-
TER (31/03)0.60%
TER Performance Fee0.00%
Transaction Costs Ratio0.00%
Total TER0.60%
 
Distribution - Class A
DeclaredPayAmountClassCurrency
31 May 20252 Jun 20250.591AZARc
30 Apr 20251 May 20250.610AZARc
31 Mar 20251 Apr 20250.637AZARc
28 Feb 20253 Mar 20250.539AZARc
31 Jan 20253 Feb 20250.657AZARc
31 Dec 20241 Jan 20250.664AZARc
30 Nov 20242 Dec 20240.654AZARc
31 Oct 20241 Nov 20240.682AZARc
30 Sep 20241 Oct 20240.665AZARc
31 Aug 20242 Sep 20240.712AZARc
 
Statutory Data
 
Management CompanySanlam Collective Investments
Registration Number1967/002865/07
Directors-
Trustee-
AuditorsErnst & Young Inc. and KPMG Inc.
Sponsors-
Advisors-
Physical AddressSanlam Head Office 2 Strand Road Bellville 7530
Postal AddressPO Box 1 Sanlamhof 7532
Telephone021-947-9111
Tollfree-
Fax021-947-9111
Email-
Websitehttp://https://www.sanlam.co.za