Mandate Universe22 Feb 2018
" Money market instruments with a maturity of less than thirteen months, the average duration of the underlying assets may not exceed 90 days and a weighted average legal maturity of 120 days. The RMI Specialist Managers Money Market Fund may from time to time invest in listed and unlisted financial instruments in accordance with the provisions of the Act and the Regulations thereto, as amended from time to time, in order to achieve the portfolio's investment objective. The portfolio will be managed in compliance with prudential investment guidelines applicable to retirement funds in South Africa to the extent allowed by the Act.
Mandate Limits22 Feb 2018
Exposure limits as per the ASISA fund classification structure applicable to South African - Interest Bearing - Money Market portfolios. Money market instruments with a maturity of less than thirteen months, the average duration of the The portfolio will be managed in compliance with prudential investment guidelines applicable to retirement funds in South Africa to the extent allowed by the Act.
Management Company Switched - Official Announcement21 Feb 2018
The fund switched Management Company from Sanlam Collective Investments (RF) (Pty) Ltd. to Granate Asset Management (Pty) Ltd on 21 Feb 2018