Money Market Fund
Money Market Fund
Fund Performance
2017 June 0.94% 0.79% 11.48%
3 Months 2.82% 2.40% 11.30%
YTD 2017 5.76% 4.47% 11.62%
Since Inception Cum. 66.91% 54.15% 12.52%
Fund Facts
An open ended Unit Trust, the GUARDIAN ACUITY MONEY MARKET FUND will invest in a portfolio of fixed income instruments consisting of government securities, commercial paper, corporate debentures, asset backed securities and other fixed income securities.
Aim of the fund
To structure the portfolio with an emphasis on corporate debt, thus enhancing the yield.
Investment Objective
To provide an annual income by investing in a portfolio of fixed income securities with a lower level of risk
To invest in government securities and further enhance the yield by investing in a selection of listed or investment grade corporate debt
Proposed fixed income strategy of the fund
The managing company will identify and make investments in fixed income securities so as to maximise the yield by exposing the fund to a lower level of risk
The fund will maintain a minimum level of liquidity in order to meet redemptions and gain sufficient interest income to be able to pay out a suitable annual dividend
The fund will primarily seek interest income but will also take advantage of capital gain opportunities when available
The ability of the Fund to achieve its investment objectives will depend on the interest rate environment and the performance of the economy. The dividend paid and Unit price of the Fund can increase as well as decrease depending on interest rate fluctuations in the market.

The Fund is subject to interest rate risk, liquidity risk and default risk.

Interest Rate Risk - Changes to interest rates will cause the market values of the instruments in the portfolio to fluctuate which will have a direct bearing on the Unit price of the Fund.

Liquidity Risk - Liquidity risk is the ease at which an instrument can be sold without a significant change in value. The Fund will have a limited exposure to liquidity risk as a result of a higher exposure to more liquid government securities.

Default Risk - Default risk arises from the inability of the debt issuer to meet timely principal and interest payments.
   Guardian Acuity
 Money Market Fund
 Investment Objective Provide an Annual Income
 Minimum Subscription Rs. 1,000
 Fund Structure Open ended - Daily Valuation
 Switching Allowed
 Dividend Annual
The fee structure is given below:
Management Fee 0.60%
Trustee Fee 0.15%
Front Load 0%
Exit Fee 0%

How Our Strategy Works

The Securities and Exchange Commission has granted the license to Guardian Acuity Asset Management to operate:

"Guardian Acuity Money Market Fund" and "Guardian Acuity Equity Fund" in terms of Section 31 C of the SEC Act No.36 of 1987 as amended.
Trustee and Custodian:
Authorized Distributor:

HNB is the ditributor for this product and is not liable for repayment of the investments.