Money Market funds are a low-risk alternative to Savings Accounts or Call Accounts.

Business Reserves - better rates of interest than a call account
Personal Savings - separate yet accessible savings
Gratuity or Severance Savings - capital growth, but low-risk

Botswana’s Money Market Funds invest in bank deposits, bonds and other secure debt instruments. They use their institutional buying power to give investors a better interest yield - typically around 4% more than a bank savings account.

Savers and investors have liquidity and access to capital - there isn’t normally any notice period for withdrawals.

Single Investment Starting at P10,000

Regular Savings : P1,000 pm +

How to decide whether a money market fund is right for you?

Money Market funds can give net yields of 7% in Pula, when a bank savings account might only offer you 23%.

The risk in Money Market investments is low, as each fund invests in the deposits of several different banks, with some bonds to enhance their yield, and different durations.

All retail investors in the Money Market fund receive the same growth rate. Institutions may be able to negotiate a slightly higher rate.

How to choose which Money Market Fund is Best?

The factors to consider are:

Ease of opening - how straightforward is it to open the facility?
Customer Service - do the team at the manager care about helping you?
Transparency - ideally, look for regular monthly statements and an online login.
Interest Rate - the best Botswana money market funds interest rates can vary - keep an eye on the funds to track the best yield.

Speak to a financial planner at SCI Wealth for expert, independent advice on all the market options.

SCI Wealth are licensed investment advisers, working on your side to help you choose between, and invest in any of Botswana’s Money Market Funds

Starting with a free Discovery Session, you can find out more about investing, and plan your financial future.