Money Market Fund:

 The fund aims to obtain a high level of current income while preserving investor's capital. The Fund will invest in money market securities (near cash holdings) with a maturity of less than 12 months which are usually available to the wholesale or institutional investors. Potential investments include: interest-bearing securities such as bank deposits, bank acceptances and other short-term money market instruments including short- dated treasury bills and commercial paper. The Fund is designed for investors who require a low risk investment which offers a high income yield, capital stability and immediate liquidity. The Fund is a good parking place or safe haven for investors who wish to switch from a higher risk portfolio to a low risk, high interest portfolio, especially during times of high stock market volatility. It is also ideal for investors who wish to make a lump sum investment and wish to reduce timing risk by regularly transferring amounts to other more aggressive portfolios. This is a low risk fund with zero initial charge.