Money Market Investing Guidelines

Always use the following guideline when choosing a Money Market Fund in Kenya.
1. Check if the company is under Nairobi Securities Exchange.
2. Ensure the fund manager is regulated by CMA.
3. Check if the Fund Manager’s assets under management are above Kshs. 1 Billion
4. Verify that the Custodian and Trustee Banks are well known banks for security of your funds.
5. Determine how long it takes to access funds when withdrawing; it should be 2 - 3 days.
6. Check their past interest rates to determine stability.
7. Check the minimum investment amount. This can range from KES 100 to 5000.
8. Confirm that the MMF allows unlimited withdrawals without Added charges or restrictions within a certain period.
9. Confirm Fund Management Fees are 2% and below.
10. Research the company’s board of directors’ legal history for any lawsuits.
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[@SamOoro-v6e]

Very Educative video.. Thank you so much..

[@martinkaranja4878]

👍🏿

[@SamOoro-v6e]

I am interested but I want to pass through you my Teacher please advise

[@JacintaNjoki-jv1ye]

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