WebOct 14, 2024 · The CIC Money Market Fund (MMF) is a low risk investment tool for those that want to save their money while earning interest. Compared to the traditional saving accounts offered by banks, MMFs such as the one offered by CIC have two clear advantages: they tend to offer better interest rates and two, one can access their money … WebWealth Fund Buy 1.00 Sell 1.00 Date 11/04/2024 Dollar Fund Buy 1.00 Sell 1.00 Date 11/04/2024 Balanced Fund Buy 6.41 Sell 6.56 Date 11/04/2024 ...
Cytonn Money Market Fund
WebNov 1, 2024 · Madison MMF raised one position compared to last month, recording an average daily rate of 8.925% and an average annual rate of 9.335%. 5. CIC Money … WebGoing forward, the Money Market Fund yield should improve as the fund invests contributions and fund maturities in higher yielding assets given the rise in interest rates. Classification Risk profile Benchmark Inception Date Minimum investment Portfolio size Last two distributions Income dist. frequency Income price dates Valuation time of fund dates of early modern period
Best Money Market Funds in Kenya - Nasonga
WebCytonn Money Market Fund (USD) is a product of Cytonn Asset Managers Limited (CAML), the regulated affiliate of Cytonn Investments Management Plc. CMMF (USD) invests in high-quality interest-bearing investments, fixed deposits, and near cash holdings in the Kenyan market. This is an ideal investment option for investors who wish to invest ... WebNov 10, 2024 · The interest rate is compounded annually and customers are provided with online statements, so you can access the status of your account at your own convenience. 3. Sanlam Money Market Fund. Performance: 9.6%. Min. Investment: 2,500. Min. Top-up: 1,000. The Sanlam MMF is a low-risk fund with a minimum initial requirement of KES … WebApr 7, 2024 · CIC Money Market Fund has undoubtedly been a haven. With consistent interest payouts, CIC is amongst Kenya’s best money market funds. How to Join CIC Money Market Fund. The CIC Money Market Fund is a unit trust product offered by the CIC Group PLC and is regulated by the Capital Markets Authority (CMA). It provides a low-risk … dates of eaa airventure 2022