They honestly need to restrategize. Offload what needs to be offloaded if need be. Then again, what's their underlying assets? MMF, I'd they'd taken up short term investments they ought to have already offloaded the low income assets they have been holding. Competition is getting stiff. Small timers like Etica whose come into the mass market with better rates and low start up capital is fast gaining a seat at the table.
Hi, thank you for expressing your concerns regarding the performance of our Money Market Fund. We want to assure you that we are actively reviewing our investment strategies to enhance our performance and provide better value to our investors.
Am happy to hear kuna junior account ....but ..its too late for me since i deposited yesterday around 7k my son had accumulated since he was in class eight now in form two.....in cub account in kcb....but i can withdraw and open him an mmf account ...then i had no information
how different is MMF from the dollar fund in terms of earnings and underlying financial risk?
Very helpful. Thank you
Beautiful!!!👍
Good info, thank you 😊
very low interest rates..largely because CIC is invested in old bonds that are earning low coupons!
They honestly need to restrategize. Offload what needs to be offloaded if need be. Then again, what's their underlying assets? MMF, I'd they'd taken up short term investments they ought to have already offloaded the low income assets they have been holding. Competition is getting stiff. Small timers like Etica whose come into the mass market with better rates and low start up capital is fast gaining a seat at the table.
Kennedy knows his craft🧢
A unique presentation. It has been made simple.. missed information on average annual interest for USD MMF? Does it also have a 15% withholding tax?
interest from all mmfs, bamk saving accounts and fixed deposit are subjected to 15% withholding tax
I just registered online and when i try to login it say my account is not funded what might be the problem.
What is your current interest rate on MMF?
Can you deposit from the bank because the app doesn't have the option only mpesa option
The music at the back is louder than the needed sdvice😊
Hi @marykandia7194 , thank you for the feedback. This is well noted.
Music too loud pls next time lower it. Thanks though
How do you deposit if you have a mmf account
Your int rates are too low.Why?
Hi, thank you for expressing your concerns regarding the performance of our Money Market Fund. We want to assure you that we are actively reviewing our investment strategies to enhance our performance and provide better value to our investors.
Very helpful. What are the hidden charges?
Management fees
Why don't you allow us to download 😢
Unable to register the dollar fund, always getting server error
Hi, kindly share a screenshot of the error with your contact details via email callc@cic.co.ke or WhatsApp 0703099000 for further assistance.
Requirements:
Passport photo
Atm card/ statement
KRA
ID
Whats the point of the background music
Fund safety:
Custodian
Trustee
Regulator
Auditor
add onto that convenience i e ease of making a deposit and withdrawal.
Notice period.
Can you have a structured presentation..you are juggling all over...this not helpful at all...
Hi, thank you for the feedback. This is well noted.
Am happy to hear kuna junior account ....but ..its too late for me since i deposited yesterday around 7k my son had accumulated since he was in class eight now in form two.....in cub account in kcb....but i can withdraw and open him an mmf account ...then i had no information
Back ground musiuuc is loud can't hear
Hi, we appreciate the feedback. Thank you.