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Week Ending August 10, 2007
Weak investor sentiment persisted on the equities market as CEOs have hinted, in recent AGMs, that corporate earnings will be significantly depressed. The money market opened firmer with rates ranging above 400% for 7-14 days after the market opened $9 billion in deficit.
Weak investor sentiment persisted on the equities market as CEOs have hinted, in recent AGMs, that corporate earnings will be significantly depressed. The money market opened firmer with rates ranging above 400% for 7-14 days after the market opened $9 billion in deficit.
Your Private & Institutional fund managers
FIXED DEPOSIT RATES | ||
TENOR | RATE ON USD DEPOSITS | |
7 DAYS | 0.00% | |
14 DAYS | 0.00% | |
30 DAYS | 15.00% | |
60 DAYS | 7.00% | |
91 DAYS | 6.00% | |
NB. Rates quoted may vary depending on amount invested.
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THE MBCA MONEY MARKET FUND This fund is best suited to those investors whose main objectives are capital preservation, liquidity, and generation of a steady income stream. The security of the MBCA Money Market Fund comes at a cost, however, which is reduced growth and capital appreciation of investments made over time. The MBCA Money Market Fund is a Net Fund which means that gains derived from this Fund are net of tax |
