Money Market Fund- Capital Preservation and Income

This is an investment that yields income on a monthly basis. This investment is mainly in Treasury Bills and Bankers Acceptances. Interest is calculated on a daily basis and paid at the end of every month. The Customer therefore has an option of either re-investing interest or having it paid to you through your bank account. The minimum required rate balance required is $100 000. For pensioners the limit is set at $50 000. These minima are reviewed quarterly. Balances below minimum attract ledger fees.

Target Market
Short Term investors
Those who want flexibility in accessing their funds.
Pensioners who know want guarantees on their capital
The risk averse
Customers looking for a high interest-earning haven whilst they consider their next investment move.
Customers who are weary of tax returns as returns are taxed at source, no need to worry about tax returns.
Customers who look for transparent charges on investment income by the fund manager
Customers who want to protect their capital because the OM brand is a proven bridge of stability