Absa Unit Trust Funds
Absa Dollar Money Market Fund
Money market fund · Regulated by the CMA
A fund approved by the Capital Markets Authority. You buy units in it and a manager invests the money for you.
Hear when this changes
The details that matter for this kind of plan
- Approved by
- The Capital Markets Authority, inside Absa Unit Trust Funds
- Yearly charge
- 1% of your money
- Cost to invest
- Nothing to put money in
What does it cost you?
| Yearly charge on your moneythe fund | 1% a year |
|---|---|
| Taken off each payment you makethe money you pay in | Nothing |
What if you stop paying?
Nothing is owed. What you have already put in stays invested.
What if you need the money early?
The manager sets the notice and any charge for leaving. This fund does not publish either.
Who this suits
It could work for you if
You want a manager to invest for you and you have checked what this one charges.
Think twice if
You want the price first. Nothing about the charges or the rate is published here.
What they tell you
- What do they charge you every year?1% a year, taken from the fund.
- What is taken off the money you pay in?Nothing. They state there is no charge here.
- Do they say who regulates them?Yes — the CMA. That is who you complain to.
Talk to them
- Website: www.absainvestmentmanagement.co.za/wealth-and-investment-management/personal/investment-products/absa-unit-trusts
- If something goes wrong, the CMA is who supervises them.
Compared with the others
There are 24 other plans of this kind on the board. See all 25 side by side — what each one leaves you with, and which of them will not say.
What has changed here
- 28 August 2026
- Somebody read the company's own material only a regulator's listing → researched
- Yearly charge on your money is now 1% a year, and was not published before
- Taken off each payment you make is now 0%, and was not published before
We started keeping this record in August 2026. Anything that changed before then is not here. The whole board's record.
Where we got this
- Read on 2026-10-01
- Absa Kenya Asset Management: the unit trust funds and the fee on eachthe company itselfRead on 2026-08-28