Saving Towards Education
Children are a precious gift. Every parent wants the very best for their children, including securing a brighter future through access to good education.
With the cost of education rising each year, saving for a child’s future requires financial planning and discipline. It is important to consider the long term and begin investing as early as possible.
With Prowess, you have a choice of investment products that allows you to generate long-term wealth while creating intergenerational impact. As an Investor you have the discretion to decide how to invest, the time horizon of your investment and when to access your money depending on your needs and plans.
Prowess Money Market 27Four Fund
For investors who are looking to save for a specific short-term goal, desire to achieve capital preservation, want to maximize interest income and are looking for high liquidity.
A money market fund that invests in a mix of short-term and high-quality issuers with high and stable earnings. The fund offers diversification by investing in fixed income securities that are designed to generate competitive returns that are higher than the Short-Term Fixed Interest Composite Index (STEFI) benchmark. This fund seeks to preserve capital and offers high liquidity as it can be converted to cash with ease when required. The fund offers regular interest income.
Fund Fact Sheets
- Prowess Money Market 27Four Fund – May 2023
- Prowess Money Market 27Four Fund – June 2023
- Prowess Money Market 27Four Fund – July 2023
R500 monthly debit order or a lump sum of R5000