Balanced funds combine equities and fixed income, aiming for growth and stability. They are ideal for conservative investors. In 2025, strong bond rallies, moderate equity recoveries, lower interest rates, and effective diversification supported returns. Top performers were Nabo Africa Balanced Fund (38.40% average, 32.64% net), Old Mutual Balanced Fund (30.80% average, 26.18% net), and Enwealth…
We make financial planning a Lifestyle The beginning of the year brings a sense of anticipation and renewed purpose for investors and fund managers alike. As individuals set their financial objectives for the coming months, fund managers are also preparing to share updates on how their funds performed in the previous year. This period serves…
Performance Review of Kenyan Money Market Funds, Dollar MMFs, Fixed Income Funds & Special Funds Money Market Funds (MMFs) continued to show a gradual decline in yields for the 11th consecutive month, reflecting easing inflation, stable macroeconomic conditions, and lower returns on short-term instruments like Treasury Bills (T-Bills). Despite this environment, a number of fund…
MARKET WRAP-UP REPORT – Oct 2024 Money Market Fund rates continued on a decline streak, with the overall average daily effective rate falling to 14.21% compared to September’s return of 14.48% p.a. The decline is due to a drop in Treasury Bill (T-bill) returns, as money market funds (MMFs) rely heavily on T-bills for their…