INUKA Money Market Fund

A Money Market Fund is an investment scheme that focuses on short-term, low-risk investments such as money market instruments and highly liquid Treasury securities. The primary goal of a Money Market Fund, like the INUKA Money Market Fund, is to preserve capital while providing liquidity and a competitive return on investment. It is designed for investors looking for a stable and secure place to park their funds with the flexibility of easy access to their money.

The Net Asset Value (NAV) of the INUKA Money Market Fund is calculated daily after 4:00 PM Tanzania time. The NAV is determined by taking the total value of the fund’s assets and subtracting its liabilities. This calculation ensures that the NAV reflects the true market value of the fund’s assets on that particular day.

Investors can withdraw their investment from the INUKA Money Market Fund by submitting a repurchase request. Once the request is received, the Manager will process it within 3 business days, and the withdrawal amount will be credited directly to the investor's bank account or registered mobile number. The withdrawal process is designed to be straightforward and efficient, allowing investors to access their funds with ease.

The INUKA Money Market Fund does not charge any entry or exit fees. Investors can buy and redeem units at the prevailing NAV without incurring additional charges, making it a cost-effective investment option.