Marriott Fund Research Tool


Technical Details

Formation Date (B1)	1 Nov 2007
Fund Size (ZAR)	27 525 470 748
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (B1)	ASMMB1
ISIN (B1)	ZAE000105714
Pricing	Daily
Number of unitholders	237
ASISA Category	SA-Interest Bearing-SA Money Market
Benchmark	STeFI 3 month index
Income Distributions	-
Income Payment	-
Trustee	Standard Bank of South Africa
Management Company	Ashburton Management Company (RF) (Pty) Ltd.
Fund Management	Ashburton Asset Management (Pty) Ltd
Minimum Investment	R5 000
Minimum Top-Up	2000
Minimum Monthly	R500
Risk Rating	Low


Technical Details

Formation Date (B1)	1 Nov 2007
Fund Size (ZAR)	27 525 470 748
Domicile	South Africa
Reporting Currency	ZAR
JSE Code (B1)	ASMMB1
ISIN (B1)	ZAE000105714
Pricing	Daily
Number of unitholders	237
ASISA Category	SA-Interest Bearing-SA Money Market
Benchmark	STeFI 3 month index
Income Distributions	-
Income Payment	-
Trustee	Standard Bank of South Africa
Management Company	Ashburton Management Company (RF) (Pty) Ltd.
Fund Management	Ashburton Asset Management (Pty) Ltd
Minimum Investment	R5 000
Minimum Top-Up	2000
Minimum Monthly	R500
Risk Rating	Low

Fund Objective

The fund is suitable for investors requiring a competitive interest rate, with regular income distributions, capital preservation and liquidity in the short term.

The fund seeks to maximise interest income, preserve capital and provide immediate liquidity for investors. It will invest in a diversified portfolio of money market instruments issued only by the big retail and investment banks, the RSA Government and AAA-rated international banks in South African Rand. The maximum term of instruments included will be limited to 13 months and the weighted average duration will not exceed three months....Read more

Fund Objective

The fund is suitable for investors requiring a competitive interest rate, with regular income distributions, capital preservation and liquidity in the short term.

The fund seeks to maximise interest income, preserve capital and provide immediate liquidity for investors. It will invest in a diversified portfolio of money market instruments issued only by the big retail and investment banks, the RSA Government and AAA-rated international banks in South African Rand. The maximum term of instruments included will be limited to 13 months and the weighted average duration will not exceed three months....Read more


Management

Ashburton Asset Management (Pty) Ltd


Management

Ashburton Asset Management (Pty) Ltd


Fees and Costs - Class B1

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.345%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (30/09)	0.36%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.00%
Total TER	0.36%


Fees and Costs - Class B1

Initial Fee	0.00%
Advisor Initial Fee	n/a
Annual Management Fee	0.345%
Performance Fee	-
Advisor Annual Fee	n/a
Trailer Fee	-
Exit Fee	-
TER (30/09)	0.36%
TER Performance Fee	0.00%
Transaction Costs Ratio	0.00%
Total TER	0.36%


Statutory Data

Management Company	Ashburton Management Company (RF) (Pty) Ltd.
Registration Number	1996/002547/07
Directors	GL Carter, B C Grobler, C Low (Company Secretary), V Nedeljkovic, M Ramplin (Chairman), S Yates (Independent director)
Trustee	Standard Bank of South Africa
Auditors	PWC and Deloitte
Sponsors	-
Advisors	Ashburton Fund Managers (Pty) Ltd.
Physical Address	4 Merchant Place, 1 Fredman Drive Sandton Johannesburg 2196
Postal Address	PO Box 653780 Benmore 2010
Telephone	011-282-8800
Tollfree	-
Fax	011-384-3939
Email	ashburtonquery@investoradmin.co.za
Website	http://www.ashburtoninvestments.com


Statutory Data

Management Company	Ashburton Management Company (RF) (Pty) Ltd.
Registration Number	1996/002547/07
Directors	GL Carter, B C Grobler, C Low (Company Secretary), V Nedeljkovic, M Ramplin (Chairman), S Yates (Independent director)
Trustee	Standard Bank of South Africa
Auditors	PWC and Deloitte
Sponsors	-
Advisors	Ashburton Fund Managers (Pty) Ltd.
Physical Address	4 Merchant Place, 1 Fredman Drive Sandton Johannesburg 2196
Postal Address	PO Box 653780 Benmore 2010
Telephone	011-282-8800
Tollfree	-
Fax	011-384-3939
Email	ashburtonquery@investoradmin.co.za
Website	http://www.ashburtoninvestments.com

Your Email Address
Recipient's Email Address
Message for Recipient	Attached is a PDF from Marriott.