April 2024 Market Wrap-up Report
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April 2024 Market Wrap-up Report

There was a notable decrease in Treasury Bills yields in April. Treasury Bills are often considered a benchmark for short-term interest rates and the decline may serve as a signal that interest rates are on a downward trajectory. A decrease in T-Bill yields will likely lead to lower returns for money market funds, which typically invest in low-risk, short-term securities like Treasury Bills.

March 2024 Market Wrap-up Report

March 2024 Market Wrap-up Report

In March, the Kenyan shilling has experienced a consistent uptrend, appreciating by 16 percent against the US dollar since the beginning of 2024. This surge in value comes on the heels of the issuance of a $1.5 billion (Sh198.0 billion) Eurobond. The proceeds from this issuance were utilized to partially repurchase the June 2024 $2 billion (Sh264.1 billion) maturity, along with funding the significant oversubscription of the inaugural infrastructure bond issued earlier this year.

Different Stages of Wealth Accumulation: How to Match Investments to Each Phase, Part 2

Different Stages of Wealth Accumulation: How to Match Investments to Each Phase, Part 2

We’ll never forget the sense of pride we felt when one of our earliest clients, a teacher who had been diligently following our investment plan for decades, told us she was ready to retire comfortably at age 55! All those years of disciplined saving and investing had paid off, and we were able to shift her portfolio to a more conservative stance focused on income generation and capital preservation.