Mada AWAYD Money Market Fund (UAE)

SAVING MADE SIMPLER

The AWAYD fund is an open-ended public fund denominated in AED, domiciled in the UAE, and regulated by the UAE Capital Market Authority (CMA). This fund is built to provide efficient cash management solutions to a wide spectrum of investors, including both retail and institutional clients. The fund achieves this by strategically investing in high-quality short-term money market instruments and is actively managed. Our investment approach is comprehensive and conservative, exceeding the regulatory standards to ensure the highest levels of security and stability.

AED

NAV Price

As of 21-06-20261.1143

Click Here

Login/Register

Click Here To Download

Prospectus (English Version)

Click Here To Download

Prospectus (Arabic Version)

Click Here To Download

Fund Fact Sheet

Click Here To Download

KIID

 

Financial Statements

KEY FEATURES

CAPITAL PRESERVATION
Diversified holdings supported by macro research and designed for investment across the full market cycle.
RETURNS
An active, relative value approach focused on delivering a yield advantage compared to saving accounts by including GCC Sovereigns.
LIQUIDITY
Portfolio construction that recognizes the importance of liquidity by maintaining a substantial allocation in liquid assets to meet redemption requests.
DAILY REDEMPTION
The fund offers same day (T+0) redemption on investment units and thus shortening the cash-cycle and meeting investor's cash needs.
NO SUBSCRIPTION OR REDEMPTION COSTS
Investors can have access to this public fund without bearing costs on subscriptions or redemptions.

Mada - AWAYD FAQs

What is a money market fund?

A money market fund is a mutual fund that invests in low-risk, short-term debt securities such as Treasury bills, municipal debt, or corporate bonds. It provides a safe and stable investment option for funds you may need to access in the short term, like an emergency fund or a short-term financial goal.

Is AWAYD regulated in the UAE?

Yes, AWAYD is regulated in the UAE. The fund is marketed in the UAE and regulated by the Securities and Commodities Authority of the UAE (SCA).

How is AWAYD different from a regular savings account?

AWAYD differs from a regular savings account in several key ways:

Feature AWAYD Regular Savings Account
Type Money market investment fund Bank deposit account
Investment High-quality short-term money market instruments Not invested
Management Actively managed Not actively managed
Fees No subscription or redemption fees May have maintenance fees
Access Every business day (T+0) Immediate access

Key takeaway: AWAYD is an investment product (not a bank deposit) that offers potentially higher returns through active management, while regular savings accounts are deposit accounts with lower but guaranteed returns.