Republic Money Market Fund

Price | 11-Dec

100.00

2017 Return *

▲1.09%

2016 Return *

▲0.98%

2015 Return *

▲0.85%

2014 Return *

▲0.92%

Currency

TTD

* Returns are bid-bid with the reinvestment of distributions (unannualized).

The fund's price is adjusted for the distributions reinvested on the Reinvestment Date.   Distributions are accrued according to the fund's Accrual Frequency.   Price data are forward-filled on weekends, holidays and other no-quote days.   Returns are not load-adjusted. Bid-to-Bid return is used where applicable.   The Growth of $10,000 (y-axis) is shown using a logarithmic scale.



Fund Description

The Republic Money Market Fund is a fixed income mutual fund domiciled in Trinidad and Tobago. The fund was launched in 1998 and manages an estimated $5.9 billion (TTD) in assets (as at 2015-12-31).

According to the fund's prospectus, its investment objective is "to seek a high total investment return by investing primarily in a diversified portfolio of debt securities of issuers domiciled in Trinidad and Tobago. Current income from interest will be an important (but not the only) consideration in the selection of portfolio securities. The Trust 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."

The fund is managed by Republic Financial Holdings Limited. The fund's trustee is Republic Finance and Merchant Bank Limited.



Stewardship

Trustee Republic Finance and Merchant Bank Limited
Manager Republic Financial Holdings Limited
Administrator NA
Sponsor Republic Financial Holdings Limited
Advisor Republic Financial Holdings Limited

Fund Details

Fund Status: Active
Asset Category: Fixed Income
Peer Group: Fixed Income Funds - TTD
Sub-Peer Group: TTD Money Market
Benchmark: None
Domicile: Trinidad and Tobago
Currency: Trinidad and Tobago Dollar
NAV Type: Fixed
Minimum Investment: 10,000.00
Minimum Add. Investment: 1,000.00
Distrib. Frequency: Quarterly
Distrib. Accrual Frequency: Daily
Fractional Units Allowed: Yes
Share Type: Open-End
Inception Date: April 1, 1998
Assets Under Mgmt: TTD $5,884,405,000.00 (Dec 31, 2015)