Money Market Fund
The Cayman National Money Market Fund is designed to produce yields in the range of a one month fixed deposit yet provides daily liquidity. It is suitable for both local and foreign accounts seeking an exposure to the fixed deposit market or looking for higher yields than available through bank deposits while being exempt from any withholding or income tax.
Other Important Benefits:
100% No Load
All of your money goes to work immediately. There are no initial fees nor any redemption fees.
Automatic Reinvestment
Income derived from the investments within the fund are reinvested in the fund and reflected by an increase in the value of your investment.
Investment
The assets may be held through bank certificates of deposit, government and commercial paper, short term fixed income instruments and institutional money markets.
**Taxes
Investors should consult their personal financial advisors for specific tax advice regarding taxes that might be applicable to the acquisition, holding and disposition of shares of the fund in respect thereof under the law of the country of their citizenship, residence or domicile.
How to Invest in the Fund
To obtain a prospectus and application please contact Cayman National Securities Ltd.