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A Money Market Fund is a type of a Unit Trust. A Money Market Fund is a low-risk investment with an element of guaranteed return. These investments mainly include interest-bearing assets like fixed deposits, treasury bills, short-term bonds and so on. The Money Market Fund is suitable for you as a saver or investor if you are seeking liquidity (the ability to access your funds easily), monthly income in the form of interest added onto your original deposit (capital) and subsequent deposits, or if you are looking to preserve your capital. As with any Unit Trust, you can access your funds at any time.
A Money Market Fund is considered the least risky fund, of all unit trusts, because you never lose your invested capital. However, you should note that the interest rate (yield) varies day to day depending on market performance.
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A Money Market Fund is considered the least risky fund, of all unit trusts, because you never lose your invested capital. However, you should note that the interest rate (yield) varies day to day depending on market performance.
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This fund invests primarily in listed companies on the Nairobi Securities Exchange (NSE). It is suitable for savers and investors seeking long-term capital growth.
Risk Level: High.
The interest to be earned is subject to market forces, so there are no guarantees on return because the fund value varies day to day, based on market performance. An investor may therefore reap great rewards or suffer loss depending on when they cash in.
This fund invests primarily in listed companies on the Nairobi Securities Exchange (NSE) as well as investment instruments that allow you to gain interest on your investment such as in fixed deposits and bonds. Suitable for investors seeking a balanced portfolio between liquidity (the ability to access your funds easily) and growing your capital.
Risk Level: Medium
This is a less risky fund than the Equity and Bond Fund because your capital is invested in both secure and interest earning investments that vary subject to market forces. As such, with this fund, the probability of loss of your capital is reduced.
This fund invests primarily in interest bearing assets like fixed deposits and short-term bonds. Suitable for investors seeking liquidity (the ability to access your funds easily), monthly income in the form of interest added onto your capital as well as preservation of your capital.
Risk Level: Low
It is considered the least risky fund because you never lose your invested capital however, interest varies from day to day depending on market performance.
This fund invests primarily in a diversified portfolio of treasury and corporate bonds. Suitable for investors seeking to put their money in a diversified portfolio of bonds that offer regular or periodical income.
Risk levels: Medium-High.
This is because the interest to be earned is subject to market forces, so there are no guarantees on return due to the fact that the fund value varies day to day, based on market performance. An investor may therefore reap great rewards or suffer loss depending on when they cash in.
You can set up the Unit Trust Fund account of your choice for as little as KES 500 and up with whatever amount you wish to save or invest at any time. You can set this up at your convenience by visiting our DigiTrust Page that allows you to plan for, set up, deposit and withdraw your funds at the click of a button.
Unit Trusts take advantage of the pooled funds to give individual investors access to a variety of investment instruments. The economies of scale offer the opportunity for investment in diverse portfolios which you would otherwise not be able to enjoy as an individual. Further, the diversified range of assets reduces the risk you would face if you directly invested in only one asset class.
They are created by what is called a deed, which constitutes a contractual agreement that governs the relationship between you, the investor, the investment/fund manager, the trustees and Capital Markets Authority, who supervise and ensure the integrity of the investment plan for Unit Trusts. As a result, the investors rights are protected.
The fact that your investment is pooled with others, gives you access to investments that would otherwise be unaffordable or inaccessible to you as an individual investor.
Your funds are managed by a team of qualified and experienced professionals who advise and guide you throughout your investment journey based on your goals, risk profile and your current financial position.
There are no fixed periods per se so you can access your money whenever you need it in part or as a whole, with no penalties. For amounts less than KES 10,000 via mobile money, you can access your funds under 24 hours, whilst those above KES 10,000 can be sent to your bank account within 3 working days.
You can save for your different goals using one platform via our DigiTrust portal and track all your progress under one dashboard.
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