Your Money, Your Future: Why Unit Trusts Are Better Than Bills and Bonds- Isaac Njuguna
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- Опубликовано: 15 сен 2024
- Guest: Isaac Njuguna- CEO, Zimele Asset Management.
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Such a great conversation here.
This is needed.
Glad to see Zimele finally taking on to social media. They had been at the top for ages and were the favourite of many Kenyans. But they got lazy at the top with a laisser faire attitude towards customers. For instance they changed from money market fund to fixed income fund and didn't bother to fully educate their customers on the what or the why of this move.
The unit trust are basically the bonds brokers that's why there interest cannot outrun the bonds if it does then they are offf to scam you.
A flamboyant explanation.
Wonderful.
Very informative, Thank you
But MMF also normaly invest in bonds
Very true always try and leave within a bugdet that you can manage, this is one way of managing money.
Why should I give you my money to invest in govt paper and take your cut. Why can’t I just go directly.
Firstly, you might not be having the minimum amount that the Govt requires you to put into the bond. Therefore they help in pooling the funds and buying the bonds for you and many others. Secondly again by pooling the various resources, they can diversify the investments destinations. Some into Treasury bonds and bills, stocks, off shore markets, etc.
@@georgeodhiambo598 I can start by investing in MMF and once the amount is more by a bond
Very true money can make someone leave a comfortable live or a bad life.
Where will the unit trusts be investing then money when the government slows down internal borrowing?
The government won't slow down internal borrowing in a recession that we currently have. Besides these unit trusts can invest in commercial paper and fixed deposits.
@@jekokello2039 Kenya is not in a recession. We haven't had one in a long while...since 2002
@@kimanzimwenga9365 The Govt will not slow down on internal borrowings. The budgetary deficit is still huge and sources from external borrowing are slackening. Terms from those sources are too painful for Kenya to bear. The Govt will continue to borrow locally. Secondly, if eventually, the Govt loses appetite for local borrowings, then yields on the same products will fall and funds will start flowing towards other competing investment destinations like stocks. Then the fall in yields from Treasury bills and bonds will release more funds at lower interest rates into the economy leading to more activity in the sector.
❤From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family.
Venturing into crypto as a newbie was very difficult due to lack of experience which resulted in loosing funds......... But Charlotte bate, restored hope shes a good woman
Her name rings a bell; I've encountered it multiple times, usually associated with stories of her trading achievements. She deserves a lot of credit.
She is active on the
TE LE GRAM
Charlottebate17
That's her username
Sure! She interacts on what's Apk using the digit below👇
Very well explained the issues and the procedures of treasury bills and treasury bonds.
Unit trust is a high risk investment and its easy to loose money unless the investing compared insure it,
Are deposits with Unit fund managers insured in case of collapse of the fund manager firm? For example, in case of collapse of Zimele.
It's better to invest in UAE national bonds and Singapore savings bonds and also Diversification of portfolio Globally with Standard Chartered or HSBC
Hii ndio gani bryanotieno7106?
May they are better in other things but the 2 countries are now way near kenya bonds in interest . In Singapore u deposit dollars and the rate is 2.6%on average whereas in uae is dirhams and the previous rate was4.2%. If u do your calculations on interest Kenya is the best place to invest... Lets take advantage kenyans.
@@bollboy3553 Exactly 💯. Let's keep the money home so our president can stop parading around China, begging for some Yuan 😮😅
this are the personnel we need to have in power , however people will prefer to elect their own people
You guys failed to ask true valid questions... money market fund returns of 9-11% minus 15% withholding tax, minus inflation rate is the true return on investment. Government risk of default via debt distress exchange?? What's the true cost of capital?
Diversify Globally with Standard Chartered Bank or HSBC
TradFi's 2% management fees are ridiculous
For risk, if the Government crashes then all other financial institutions go into distress and crash. Unless you diversify offshore. However, those investments may require large investments.
Not forgetting the management fee
I have not tried overseas investment, how can I start...@@bryanotieno7106
Superb explanation
Kind of the same thing.Both are investment vehicles.
The expense ratio, charges by the fund management is very high compared to other products. It eats in a significant amount of your interest over the time of your investment. You can simply do a comparison with direct investments to Bonds, ETFs and Indexed Funds.
Good subject, iam learning 😢
When the deal is so good, there is no harm to think twice. Kenya, we are used to this investment. Gakuyo was one with any amount. 😢
Well explained
Where did Eric go?
He is on leave😅 but he’ll be back.
while converting this video avoid this format its so interlacing its like avchd format
In Ghana, investors were deducted 15% of their investment when the government defaulted. What is the likelihood of the Govt of Kenya defaulting and people losing funds in MMF, tbills and bonds?
15% tax is deducted as of today in all these. The only exception is on the infrastructure bond, which has always been tax-free in Kenya.
@@steo9285 You missed the point. The Ghanaian case as I heard was that of deduction of 15% of the VALUE of investment. That was their way of handling their cash crunch situation. What you are referring is a TAX deduction on EARNINGS from the bond investment. Very different issues.
@georgeodhiambo598 Things have to be extremely bad for it to come to that for one. plus, there is a big difference between domestic debt to the government, and the international one they get from the likes of IMF etc. The Consequences are different if they default.
@@steo9285 things s are already extremely bad, with unfinished projects yet billions of cash have been pain to the contractors
Why does unit trust reduce the principal amount invested unlike the money market?
What's the difference between unit trusts and mmf?
Mmf is a unit trust
There was a heist recently at Equity Bank. Are they custodians?. What happens to money lost to thieves?
Insurance
@@teresahatim6665 insurance pays no loss to customer
Money management is important or vital.
.. stacking USD stablecoins at 5% is the best unit trust that's at your fingertips
Put where to get 5 percent?
Where is eric
When 70%of revenue going to debt and borrowing from peter to pay paul is not sustainable.
Hmm snake oil