Marriott Archives - Kevin Mills Financial Services

July 2021 – Monthly Newsletter

We’re hosting a Webinar…

Kevin Mills Financial Services will be hosting a webinar with Marriott Asset Managers on the 11^th of August 2021.

Date: 11^th August 2021

Time: 11H00 – 12H00

Marriott’s Chief Investment Officer, Duggan Matthews, will be discussing the impact of the recent unrest seen in the country as well as highlighting the benefits of Marriott’s International Investment Portfolio and why this is an attractive investment proposition for investors wishing to gain access to global companies with a focus on providing investors with a sustainable and growing future income.

Please contact the office on 041 373 0601 should you wish to attend the webinar or alternatively respond to Kevin, Greg or Leonie and a link to the meeting will be sent to you.

We look forward to hosting you for what is sure to be a very informative webinar!

April 2021 – Monthly Newsletter

Closing of ABSA Money Market Fund

Yesterday ABSA announced the closing of their ABSA Money Market Fund. ABSA have announced investors have 90 days in which to withdraw their funds, switch out of the ABSA Money Market Fund or after 90 days the funds will be transferred into an ABSA investment bank account.

Earlier this month we sent investors information on the Marriott High Income Fund as an alternative to fixed deposits and money market investments. The Marriott High Income Fund is a Multi-asset Income Fund that is currently yielding 6%. With interest rates currently at very depressed levels, this is an attractive investment return for investors seeking an income from their savings whilst not wanting to be exposed to higher levels of risk. To find out more about the Marriott High Income Fund please click the link.

For investors who wish to remain invested in Money Market funds we are also able to provide a variety of alternative Money Market funds where the yield varies between 4 – 4.5% per annum. To find out more information on how to invest please click here.

March 2021 – Monthly Newsletter

An alternative to cash and money market investments

Over the past year, the South African Reserve Bank (SARB) has cut interest rates by 3%. Investments in call accounts, fixed deposits and money market accounts are currently yielding between 3 – 4.5% per annum.

The Marriott High Income Fund is a low-risk unit trust fund that has a primary objective of providing investors with a high-income yield as well as protecting investor’s capital over the term of the investment.

Marriott High Income Fund has a proven track record of providing investors with a predictable high level of income. Marriott High Income Fund has consistently provided inflation-beating returns whilst protecting investor’s capital.

Entry yield of 6.08%
Suitable for investors looking for an alternative to cash
No fixed term on the investment, funds readily realisable

The Fund is actively managed and due to its flexible mandate, we believe the portfolio will continue to deliver inflation-beating returns whilst protecting capital over a 24 month period. For more information or to discuss how to invest in the Marriott High Income Fund please contact Kevin or Greg on 041 373 0601.

we believe the portfolio will continue to deliver inflation-beating returns whilst protecting capital over a 24 month period. For more information or to discuss how to invest in the Marriott High Income Fund please contact Kevin or Greg on 041 373 0601.

Financial Services Conduct Authority (FSCA) issues second crypto health warning for consumers

Last week the FSCA noted once again, the large number of investors who have reported financial losses from investing in Crypto assets. The FSCA again reminded consumers who wish to invest in any investment asset or product – specifically unregulated, risky ones such as cryptos – that if it sounds too good to be true, it usually is! Consumer caution is strongly advised to avoid painful or catastrophic financial losses. To read more of the FSCA’s warning please click on the link.