Money Market Mutual Fund


Money Market Mutual Fund

The AXA Mansard Money Market Mutual Fund’s investment objective is to achieve a high level of income from a diversified portfolio of money market instruments. The Fund is an open-ended fund that aims to provide stable income in conjunction with capital preservation and liquidity.

It is designed for investors with low risk appetite looking to maximize interest income in short-tenored securities. It provides competitive returns for investors whilst preserving capital by investing in a diversified portfolio of money market securities.

Other features of the AXA Mansard Money Market Mutual Fund include

•    Initial holding period of 30 days
•    Competitive return on investments
•    A minimum startup of N 2, 000.00 and no limits on subsequent additions
•    Optimize returns on free cash flow
•    Contributions can be made at the investors convenience and investment amounts can vary
•    Safety of funds
•    Provide easy access to your funds (24 -48 hrs liquidation time)
•    Permits liquidation without penalties
•    No withholding taxes
•    Statement of accounts to be rendered on a monthly basis or upon request
•    Quarterly Investment Manager’s Review and Performance Report
•    Quarterly interest/dividend payment