Silver for Guardian Acuity Money Market Fund

The Guardian Acuity Money Market Fund (GAAM) won a Silver award in the category of mutual funds at the CFA Awards recently.

This was the first time that the CFA Institute recognized the mutual funds sector for their performance.

"Guardian Acuity, given the fact that we are a part of two banks and a conglomerate, values our duty of care towards our investors" said Executive Director, GAAM, Ruvini Fernando.

"We ensure that our investment selection, decision-making, trading and reporting processes are objective, transparent and driven purely by what is good for our investors. We believe long term sustainable returns and good performance will only come about if we are disciplined in the way we manage our portfolios, ethical in our dealings with investors and put their interests first," he said.

The GAAM Money Market Fund has seen net inflows of Rs 761 million (not taking into account switches to and from its sister fund the Guardian Acuity Money Market Gilt Fund), from January to June 2016.