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130 GUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIESGUARDIAN MEDIA LIMITED AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 2024(Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated)(Continued)2024 2024 2023 2023Market value CostMarket value Cost$ $ $ $Investments at fair valuethrough profit and lossQuoted shares 3,951 658 4,511 65812. Investment securitiesThe fair value of quoted ordinary shares is determined by reference to published price quotations in an active trading market.2024 202313. Cash and short%u2013term deposits $ $Cash at bank and on hand 14,636 17,530Money market fund 14 1414,650 17,544Fixed deposits 61,122 60,280 75,772 77,824Money market fundThis represents a holding in the Unit Trust Corporation TT dollar Income Fund. The Fund earned interest at a rate of <2.29% during the year (2023: <1.19%).Fixed depositsAn amount of $61.1 million (2023: $60.3 million) was held in TT dollar denominated fixed deposits with maturities of 1 %u2013 5.5 years of which $28.9 million has a fixed interest rate of 3.5% for 1 year, $12.2 million has a fixed interest rate of 3.00% per annum for 3 years and $20 million has a fixed interest rate of 4.50% per annum for 5.5 years. The fixed deposits were invested with fellow subsidiaries (ANSA Merchant Bank Limited and ANSA Bank Limited) in the ANSA McAL Group of Companies.