All money-market funds beat their cash index

Survey 30 Aug, 2024

Thirty-eight funds surveyed have beaten their benchmarks over one-, three- and five-year terms, according to the financial services firm.

By Jaco Visser

All money-market funds beat their cash index – Alexforbes (2)

Twitter Facebook Linkedin WhatsApp >print comments

The STANLIB Money Market fund was among the winners of the recent Alexforbes fund manager survey, racking up an annual return of 9.7% and beating its index.

It came first in the category 18 money-market funds with a maximum duration of 90 days, returning most over one, three and five years.Its annualised returns over the latter two were 7.7% and 7.05%, respectively as at the end of July (see table below).

To continue reading, register for a free Citywire account

By clicking Register you agree to our .
Our privacy policy is available to read at any time here.

To read this article please sign in

Don't have an account?

Twitter Facebook Linkedin WhatsApp >print comments

Related Portfolio Managers

Eulali Gouws

16/54 in Equity - Global Growth (Performance over 3 years)

Average total return:

31.03%

Related News

Alexforbes: The best and worst of SA’s inflation-beater funds Alexforbes Investments remains SA’s predominant fund selector Alexforbes survey: Faith in growth assets paid off in 2023

Show and add comments

Please sign in or register to comment. It is free to register and only takes a minute or two.

People moves 30 Aug, 2024 Story By Eleanor Becker

Sasfin’s former head of advice looks to position PPS Wealth Advisory as graduate professionals’ go-to financial services provider.

Global Equities 30 Aug, 2024

RUAN JOOSTE, CITYWIRE SOUTH AFRICA

Editor’s Picks

Etfs 19 Aug, 2024

ETFSA launches the JSE’s first listed actively managed balanced fund

Fund Selection 23 Aug, 2024

SA’s largest umbrella retirement fund expects two-pots to drive membership growth

Regulation 22 Aug, 2024

VBS-linked adviser still a key individual of FSP

Asset Allocation 22 Aug, 2024

Gold above $2,500: Here’s the argument for it to go higher

Alternative Investments 22 Aug, 2024

Why the global sukuk market almost trebled over past eight years

Alternative Investments 20 Aug, 2024

Podcast: SA private equity fundraising activity surges to a 13-year high

Get the latest news in your inbox

By clicking Sign up you agree to our .
Our privacy policy is available to read at any time here.

Fund selection

Pension Funds 26 Aug, 2024 Story By Jaco Visser, Ruan Jooste

Why was this pension fund principal officer paid seven times the industry average?

Former MEPF PO Margaret le Grange’s pay saw a compounded annual growth rate of 17.04% in her salary, despite assets growing at a rate of just 7.44%.

Alternative Investments 22 Aug, 2024

Why the global sukuk market almost trebled over past eight years

Etfs 19 Aug, 2024

ETFSA launches the JSE’s first listed actively managed balanced fund

Fund Selection 16 Aug, 2024

Asset allocation or manager selection: It is not one versus the other

Manager Selection 12 Aug, 2024

Top allocator: We're spending less time on manager selection

Fund Selection 05 Aug, 2024

Why does this fund selector use passive equity and active fixed income?

Fund Launch 01 Aug, 2024

Momentum launches its new best-of-breed unit trust range

Discretionary fund management

Awards 27 Aug, 2024 Story By Citywire South Africa

Deadline approaching for Citywire South Africa’s Top 50 Adviser

Submit your application by 20 September for an opportunity to set yourself apart.

Awards 26 Aug, 2024

Last chance to enter Citywire South Africa’s DFM Awards

Awards 13 Aug, 2024

Deadline to enter Citywire SA’s third annual DFM Awards approaches

Fund Launch 01 Aug, 2024

Momentum launches its new best-of-breed unit trust range

Awards 24 Jul, 2024

Entries for Citywire SA's third annual DFM awards are officially open!

Discretionary Portfolio Management 08 Jul, 2024

‘Awful’ platform technology causes MPS headache

Discretionary Portfolio Management 05 Jul, 2024

Insiders reveal MPS rebalancing errors and ‘unnecessary costs’

Fund manager views

Global Equities 30 Aug, 2024 Story By Justin Brown

How did this R29bn strategy switch from Raging Bull winner to major underperformance?

Since its inception in January 2009, the Contrarius fund has outperformed its benchmark and peer group but has faced some challenges recently.

Elections 30 Aug, 2024

Both US presidential candidates have a ‘spending problem’

Surveys 29 Aug, 2024

Poll: Which EM will offer the best investment opportunities?

Fund manager views 29 Aug, 2024

How this R19.3bn fund dodges bad stocks

Fund manager views 29 Aug, 2024

Which issues are making SA PMs especially fearful?

Equity 28 Aug, 2024

Aylett PM: You can see a scenario where the stars align for SA equity

Global Equities 28 Aug, 2024

China’s A-share market: What is driving demand for income-generating investments?

Industry insights

Market insight 30 Aug, 2024 Story By Ruan Jooste

JSE: Market conditions and regulations take their toll

Fund managers say high regulatory costs and the challenging economic environment are driving delistings and hindering new IPOs.

Survey 30 Aug, 2024

All money-market funds beat their cash index – Alexforbes

Launch 28 Aug, 2024

Denker launches AMC focused on developed market mid- and small-cap stocks

Retirement industry 28 Aug, 2024

Local councillors pension fund looks for trustees after emerging from curatorship

Global Equities 28 Aug, 2024

China’s A-share market: What is driving demand for income-generating investments?

Etfs 27 Aug, 2024

27four lists second AMETF that uses machine learning, style momentum

Pension Funds 26 Aug, 2024

Why was this pension fund principal officer paid seven times the industry average?

Publications

Special Dec, 2022

Allocating into a world of ‘megathreats’

Special Sep, 2022

Diversity in Asset Management

Special Apr, 2022

South Africa Equities

Discover all publications

All money-market funds beat their cash index – Alexforbes (2024)