The best money market fund for a beginner in Kenya in 2026 depends on two things: how much you have to start with and what you are trying to achieve. If you have KES 100 to KES 10,000, Etica, Lofty-Corban, Kuza, Sanlam and CIC MMFs are the strongest starting point. If you have KES 100,000…
The Short Answer: Etica Money Market Fund is a low risk, CMA regulated investment that has consistently ranked among Kenya’s top performing money market funds. It is not without risk as no investment is, but for most retail investors seeking capital preservation with competitive returns, the risk profile is well within acceptable bounds. This article…
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…
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.
There you have it, ladies – the 5 must-have investment moves to help you achieve financial empowerment and security. From building a solid financial foundation to diversifying your investments, protecting your assets, and planning for retirement, these strategies will set you up for long-term success.
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.
Understanding the different stages of wealth accumulation—accumulation, building, protection, and distribution—allows you to optimize your financial strategy for where you are in life. Matching investments and money moves to your phase leads to meeting wealth-building objectives.
By carefully considering these factors, you can make an informed decision about whether a money market fund aligns with your investment objectives and risk tolerance. Additionally, consulting with a financial advisor can provide personalized guidance based on your financial situation and goals.
Understanding the specific “money season” one is in helps prevent being overwhelmed by emotions, be they feelings of abundance or lack. Each individual’s financial path is unique, and acknowledging and embracing one’s journey is key to navigating the complexities of personal finance with resilience and wisdom.
While the season is filled with cheer, it can also be a time of overspending. Fear not, though, fellow merrymakers! With a little planning and some smart strategies, you can navigate the festive season with both joy and financial peace of mind.