About the Fund
This is a TT$ open-ended Mutual Fund best suited for those investors seeking high net returns and capital preservation along with easy access to short-term funds.
The objective of the Republic Money Market Fund is to seek a high total investment return for investors through a well defined investment strategy.
The fund may invest in securities, including sovereign debt, of issuers in various countries to the extent such securities provide a high income yield and/or are believed to be undervalued and offer the potential for capital appreciation. Total investment return is the aggregate of capital value changes and income.
Who Manages the Fund?
The Trust & Asset Management Division of Republic Bank Limited is the appointed Manager of the Money Market Fund. TRAM’s team of Investment Professionals has collectively over forty (40) years experience in the management of both individual and institutional clients’ assets.
Trust & Asset Management Division manages billions of dollars worth of assets on behalf of individual and institutional clients locally and regionally.
Who should invest in the Money Market Fund?
- Investors looking for higher net returns than traditional savings and deposit products.
- Anyone with excess cash looking for a safe, convenient, short term investment.
- Individuals who are approaching retirement or retired and want to build or preserve their nest egg.
- Individuals who want to save money while awaiting other investment opportunities
- Investors with low risk tolerance
Features of the Fund
PRICE OF UNITS: The price of one (1) unit in the Money Market Fund is TT$100.
INVESTMENTS REQUIRED: Minimum Initial Investment TT$10,000; Minimum subsequent additions TT$1,000
INCOME: Income is distributed quarterly and will ordinarily be reinvested automatically in additional Units.
LIQUIDITY: If it becomes necessary, you may redeem your investment at any time.
Benefits of the Fund
The Republic Money Market Fund is a no load fund which provides you, the investor, with several benefits:
RETURNS: Debt securities traditionally provide higher investment returns than fixed deposits etc. Your investment therefore, has the potential to earn higher returns of income than traditional accounts.
CAPITAL PRESERVATION: Ensure the safety of your investment while earning attractive interest income.
ACCESSIBILITY: Republic Bank's extensive branch network makes it easy for you to access your investment in the Republic Money Market Fund at any time.You can also use RepublicOnline to access your funds.
COLLATERAL: Credit facilities up to 100% of the market value of the Fund can be advanced.
DIVERSIFICATION: By selecting the best performing securities throughout the Caribbean region, your risk in the Fund is reduced and you benefit from a much more diversified portfolio.
PROFESSIONAL MANAGEMENT: Republic’s Trust & Asset Management Division is known for its reputable team of highly experienced investment professionals, who will be managing your investments for you.
How do you start?
Simply contact any one of our Marketing Officers who will provide additional information and help you open your Republic Money Market Fund. Additionally, interested investors can call 1-868-625-4411 or contact any of our branches located nationwide for further information; or send an email to : firstname.lastname@example.org...top