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www .zimele .co .ke. Zimele Asset Management Company, also Zimele (from Zulu, independent), is a Kenyan investment company licensed by the Retirement Benefits Authority (RBA) and the Kenyan Capital Markets Authority (CMA). [ 2][ 3][ 4] The company offers financial products and services such as unit trusts, pension funds, fund management ...
A money market fund (also called a money market mutual fund) is an open-end mutual fund that invests in short-term debt securities such as US Treasury bills and commercial paper. [1] Money market funds are managed with the goal of maintaining a highly stable asset value through liquid investments, while paying income to investors in the form of ...
African Alliance Kenya Investment Bank. Afrika Investment Bank. ApexAfrica Capital. CBA Capital. Discount Securities (Under Statutory management) Dyer & Blair Investment Bank. Equity Investment Bank. Faida Investment Bank. Hakuna Ventures.
There are a few different types of money market funds based on the security the fund invests in. Prime funds invest in floating-rate debt and commercial paper issued by companies, U.S. government ...
Money market funds’ net assets reached $6.4 trillion in 2023, with investors pouring a record $1.2 trillion into the funds during the year, according to the U.S. Treasury Department’s Office ...
Advantages of money market accounts often include high yields, liquidity and federal insurance for your funds. They may come with the ability to pay bills, write checks and make debit card purchases.
The money market is a component of the economy that provides short-term funds. The money market deals in short-term loans, generally for a period of a year or less. As short-term securities became a commodity, the money market became a component of the financial market for assets involved in short-term borrowing, lending, buying and selling with original maturities of one year or less.
The Capital Markets Authority of Kenya (CMA) is a government financial regulatory entity responsible for supervising, licensing and monitoring the activities of the capital markets within the Republic of Kenya, market intermediaries, including the stock exchange, and the central depository and settlement system and all other persons licensed under the Capital Markets Act of Kenya.