MoneyFund Tracker for Business

Instant access, money market-linked account

The Investec MoneyFund Tracker for Business, does all the hard work for you, by tracking the daily rates of an entire basket of qualifying money market funds, without the volatility of being exposed to one single money fund. Make sure your business always earns competitive returns, is not exposed to any fees and has the benefit of having immediate access to your funds.

R25 million

Maximum deposit

R100,000

Minimum initial deposit

Immediate

Access to your funds

How the product works
- You get a great money market-related interest rate that approximates the average of the top qualifying¹ money market funds’ published daily rates*
- Immediate access to your funds
Benefits
- There are no monthly fees to erode your account balance
- Enjoy the benefit of free online banking
- You will be assigned a dedicated relationship manager to manage your business cash account
- Capital guaranteed
- Additional deposits can be made at any time
Minimum & maximum deposit
- Minimum opening deposit of R100,000
- The maximum balance is R25 million per client. The aggregate balance of all your accounts which are linked to money market funds cannot exceed R100 million per client. All deposits in excess of this limit, excluding capitalisation of compound interest, are restricted

Contact us to learn more about a MoneyFund Tracker for Business account

Cash Investments

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View terms and conditions

Investec Corporate and Institutional Banking (referred herein as “Investec”) is a division of Investec Bank Limited registration number 1969/004763/06, which is a registered bank, an Authorised Financial Services Provider (11750) and a National Credit Provider (NCRCP 9). Investec is committed to the Code of Banking Practice as regulated by the Ombudsman for Banking Services. Copies of the Code and the Ombudsman's details are available on request or visit www.investec.com.

¹Qualification criteria for the funds from which the pricing of the Investec MoneyFund Tracker is derived:

-South African retail money market funds

-A fund size of R2 billion or more

-Less than 25% invested in corporate debt

Fund selection criteria are subject to change and the number of ranked funds may change from time to time. Investec accepts no responsibility for changes in the fund or fund rankings.

*Daily average of all the qualifying money funds less 25 bps