Kenyan Money Market Fund Comparator
Your guide to making informed investment decisions. Compare top MMFs in Kenya by returns, fees, and more.
Performance Snapshot: Top MMFs by Net Return
This chart visualizes the net annual returns of the top-performing funds. Hover over a bar for more details. The chart will update as you sort the table below.
Interactive Comparison Table
Click on column headers to sort the data. Click on any fund’s row to see more details.
Fund Name | Net Return (%) | Daily Avg. (%) | Min. Investment (KES) | Fund Manager |
---|
Understanding Your Investment
A Money Market Fund is a type of Collective Investment Scheme (CIS) that invests in low-risk, short-term debt instruments. These typically include government Treasury Bills, high-quality corporate bonds, and fixed deposits. The primary goals of an MMF are to preserve capital while generating a higher return than a standard savings account. They are known for their high liquidity, meaning you can typically access your money relatively quickly. In Kenya, MMFs are regulated by the Capital Markets Authority (CMA).
While MMFs are considered low-risk, they are not entirely risk-free. It’s important to be aware of the following:
- Interest Rate Risk: If overall market interest rates rise, the value of the existing, lower-rate bonds held by the fund may decrease.
- Inflation Risk: There’s a risk that the returns from the MMF may not keep pace with the rate of inflation, meaning your money’s purchasing power could decrease over time.
- Credit Risk: This is the risk that a corporation or entity that issued a bond held by the fund could default on its payments. MMFs mitigate this by investing in high-quality, investment-grade securities.
- Liquidity Risk: In rare, extreme market conditions, a fund might face challenges in selling its assets quickly to meet a high volume of withdrawal requests.
Past performance is not indicative of future results.
The information provided by this tool is for general informational purposes only. All information is provided in good faith, however, we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information. Your use of this tool and your reliance on any information is solely at your own risk. You should always conduct your own research and consult with the official fund manager before making any investment decisions. All data is sourced from publicly available information as of June 2024.
Net Return
Daily Avg. Return
Min. Investment
Min. Top-up
Cost Structure
Liquidity & Withdrawals
Investment Mandate
This fund primarily invests in low-risk, short-term interest-bearing securities including government treasury bills, fixed deposits, and high-quality corporate commercial papers, with a core objective of capital preservation.
Disclaimer: Past performance is not a guarantee of future results. Please verify all information with the official fund manager.