Argon Enhanced Money Market Fund

The fund aims to deliver returns that are significantly higher than pure money market funds as well as call deposits while maintaining a high degree of liquidity and capital preservation. The fund invests in call deposits, money market instruments and short-term debt with a maturity of up to 2 years.

 Product Objective

Outperfom pure money market funds over a rolling 12-month period

Benchmark

Short-term Fixed Interest Rate Index (STeFI) 

Risk Definition

Absolute Risk

Risk Budget/Profile

  • Low risk. Seeks to generate alpha at minimum credit, term and interest rate risk.
  • Minimise alpha volatility on a monthly basis

Time Horizon

1 year

Investment Universe

South African cash and money market instruments and short dated bonds

Investment Strategy

  • Constrained active duration
  • Credit