Fund Summary
The 10X Money Market Fund is suitable for investors seeking income and capital preservation. It invests in a balanced and diversified mix of short-term interest-bearing money market investments and short-term bonds. The fund is Regulation 28 compliant and may be used in retirement annuities, pension funds, providend funds, and preservation funds requirement a low-risk investment fund.
Benefits to Investors
Income
Aims to pays consistent level of income by investing in short-term interest-bearing money market investments and short-term bonds
Capital Stability
Stability on capital invested, through investing predominantly in fixed income and market market instruments
Unit Trust Details
| Current price / NAV | R 1.00 |
| Fund size | R 1 742 130 840.63 |
General Fund Details
| Classification | South African - Interest Bearing - Money Market |
| Benchmark | STEFI Composite Index |
| Distribution dates | January, February, March, April, May, June, July, August, September, October, November, December |
| Asset manager | 10X Investments (Pty) Ltd |
| Trustee | FirstRand Bank Limited |
| Auditor | PricewaterhouseCoopers Incorporated |
| Risk profile | Conservative (2/5) |