What is a Money Market Fund?
The Manager attains the Fund’s Investment Objective principally by investing In Fixed Income Securities Investments that consist principally of fixed-income securities with a maturity of less than 36 months.
Regular Interest: Earn interest on your investment, calculated daily and allocated to your account monthly.
Investment Flexibility: Easily switch your investment between different funds offered by our company to adapt to your changing goals.
Fast and Easy Access: Enjoy quick and convenient withdrawals with options like M-Pesa and EFT.
Zero Entry Fees: Invest without any initial charges, making it easier to get started.
Ongoing Support: Receive monthly financial statements and access to valuable investment advice from our team.
Automated Investing: Set up a Cash Flow Plan to automate regular transfers from your money market fund to your designated account or other investments within our company.
Investment as Collateral: Utilize your money market fund account as security for a loan (subject to approval).
Multiple Access Points: Conveniently manage your account through USSD, web platform, and mobile app.
Low-Risk Investment: The money market fund invests in short-term securities, minimizing exposure to market fluctuations and interest rate risk.
Diversified Portfolio: Your investment is channeled into a well-diversified portfolio of low-risk assets, including:
- Corporate and Treasury Bonds issued by reputable institutions
- Fixed Deposits with a short maturity period
- Treasury Bills issued by the Kenyan government
Investment Flexibility: There is no fixed investment term, allowing for easy access to your funds when needed.
Multiple Contribution Methods: Invest conveniently through direct debit, M-Pesa, cheques, or standing orders.
Free Withdrawal: Enjoy one free withdrawal per month. Additional withdrawals may incur fees.
