The value of Solidium's all holdings (equity holdings and
money market investments) was EUR 8,193 million on 30 June 2019 (EUR 6,995 million on 31 December 2018 and EUR 9,093 million on 30 June 2018).
Generally,
money market investments are less risky than equities because there is little chance that one could lose her money in a fixed deposit or treasury bill.
It operates on an open-architecture product platform and has strong research capabilities, especially in emerging market research, to help its clients make the right decisions for fixed income, equities and
money market investments as well as portfolio management, trust and insurance services.
Such funds are invested in diversified portfolios of Shariah-compliant fixed-income and
money market investments and is duly supervised by a Shariah Advisor.
The fund would be invested in a diversified portfolios of Shariah Compliant fixed income and
money market Investments, duly supervised by Shariah Advisor.
Investments increased $5.5 billion due primarily to the purchase of
money market investments needed to manage the Bank's liquidity position.
Despite reduction in rates, banks are not actively advertising their products and still find comfort in risk-free
money market investments yielding a return of 9.8 percent approx.
I thought I did not have to because I understand the (income) from the
money market investments was subject to final tax, Tuason replied.
In the current environment, with rates on
money market investments uniformly low, Epstein argued that few companies will abandon prime funds despite the challenge of a floating NAV.
Total assets grew by 12.9% to N$22.8bn which was mainly due to the growth in loans and advances and investments in financial assets such as government stock, treasury bills and
money market investments", said Jaco Esterhuyse.
* Certain
money market investments and participating interest-earning investment contracts.
