Money Market Fund – USD


The fund seeks to maximize current income by investing primarily in a diversified portfolio of short term debt securities and instruments whilst aiming to preserve capital and maintaining a high degree of liquidity

We recommended a minimum investment horizon of 5 years for your capital to experience maximum return impact

Growth of hypothetical USD $1,000 investment from inception

Invests in a mix of sovereign and corporate short term debt securities as well as certificates of deposit, fixed and call deposits across sub-Saharan Africa

Seeks to maintain an average weighted maturity of approximately 12 M

Minimums

Units Class Minimum Initial Subscription Amount Minimum Subsequent Subscription Amount Minimum Holding Amount
A > usd 1,000,000 usd 10,000 usd 1,000,000
b USD 500,001 – 1,000,000 usd 10,000 usd 500,000
c USD 250,001 – 500,000 usd 5,000 usd 250,000
d USD 10,000 – 250,000 usd 1,000 usd 10,000

Fees and Expenses

Units Class Initial Charge Annual Management and Advisory Fee Redemption Charge
Nabo Capital US Dollar Money Market A Nil 0.90% Nil
Nabo Capital US Dollar Money Market B Nil 1.00% Nil
Nabo Capital US Dollar Money Market C Nil 1.10% Nil
Nabo Capital US Dollar Money Market D Nil 1.20% Nil

Performance Fees:

Nil

Applicable Units Classes Performance Fee Performance Fee Hurdle Rate
All 15% 15%