The Republic Money Market Fund is an open-ended mutual fund which allows you the opportunity to participate in the capital market in a simple, convenient and efficient manner.
What is the investment objective of this fund?
The investment objective of this fund is to seek a high total investment return for investors. We do this by investing primarily in a diversified portfolio of fixed income securities with a well defined investment strategy.
What is the fund's investment strategy?
The fund may invest in securities, including sovereign debt, of issuers in various countries. It invests to the extent that these 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.
Who should invest in this fund?
This fund is ideal for the short to medium term investor seeking higher net returns, without being exposed to significant risk.
Debt securities traditionally provide higher investment returns than traditional savings and fixed deposit accounts. The fund therefore provides you with an attractive alternative for accessing potential higher returns on your funds.
Republic Wealth Management Ltd. (established July 1, 2014 and formerly the asset management arm of the Trust and Asset Management Division [established 1938] of Republic Bank) manages the fund. Republic Wealth Management Ltd. has a knowledgeable investment team with over fifty years in investment management experience and manages billions in assets on behalf of individuals and institutional clients.
Republic Bank's extensive branch network makes it easy for you to access the Republic Money Market Fund.
You can redeem your units at anytime.
You may establish your account with a minimum initial investment of $10,000 and minimum subsequent investments of $1,000 at anytime convenient to you.
A percentage of your Fund balance can be used as collateral.
Income & Distribution
The trustee will make distributions out of the net realised income of the fund. Distribution of income will be made quarterly and reinvested automatically in additional units.
Quarterly statements are issued to unit holders.
Min. Subsequent Investment
How to Apply?
Simply contact any one of our Marketing Officers who will provide additional information and help you open your Republic Money Market Fund.
Interested investors can call 1-868-625-4411 extension 3064, 3316 or 3141 or send an email to firstname.lastname@example.org
Before visiting our branches, ensure you have:
Two (2) forms of Identification (e.g. National Identification Card, Passport or Driver's License)
Recent Utility Bill; Authorization Letter if Bill is not in your name
Required Deposit for opening
Important information concerning the investment goals, risks, charges and expenses is contained in the prospectus, copies of which are available from any branch of Republic Bank Limited or from our website and should be read carefully before investing. This investment is not insured or guaranteed by the Central Bank of Trinidad & Tobago, Republic Bank Limited, its parent company Republic Financial Holdings Limited, any affiliates or subsidiaries of the Republic Financial Group or any person or corporation. Performance is subject to variation and is likely to change over time. Past performance is not necessarily a guide to future performance.