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The investment objective of the STANLIB Corporate Money Market Fund is to provide a medium whereby institutional investors can obtain undivided participation in a well-diversified portfolio of such money market instruments as defined from time to time. The portfolio will focus predominantly on the major South African Registered Banking institutions and Foreign Banking institutions authorised to conduct business in South Africa, and which have appropriately sound credit ratings. South African registered institutions to be included in this portfolio must have at least a national short-term credit rating that is defined as “highest credit quality” (Fitch: F1). Instruments rated by other credit rating institutions, as approved by the Act from time to time, may be included provided that such rating is at least equivalent to an F1 rating by Fitch.
Name | Title | Since | Until |
---|---|---|---|
Ansie van Rensburg | Head | 2003 | Now |
Biography | Ansie holds a BCom (Hons) in Economics. She served her articles with Theron van der Poel. She later joined Volkskas Merchant Bank as a management trainee and later as a money market trader. She was involved in the founding of CM Interbank, a money broking operation during 1987. Later, she was appointed as an alternate director in charge of the funding operation of the NDH Bank Ltd when CMI was sold to NDH Bank Ltd. She joined SCMB Asset Management in 1991 and is a member of the investment strategy team, specifically responsible for the investment of funds in the fixed interest and money markets. She is currently the Deputy Head of Fixed Interest and Head of the Cash Management proposition at STANLIB Asset Management. |
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