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Money market funds (MMFs) specialise in short-term, low-risk debt securities, providing investors with a stable option to save their money and achieve modest returns. The Capital Markets Authority (CMA) in Kenya oversees the regulation of money market funds.
Stay informed with the latest Money Market Fund rates in Kenya for May 16th, 2024, provided by Moneyspace (Money.ke). Make educated financial decisions with our accurate data.
In Kenya today, assets in money market funds are at all-time highs after the Central Bank of Kenya (CBK) raised its base lending rate to 13%. That positively affected the value of investments and income from this type of mutual fund.
In Kenya, Money Market Funds (MMFs) have carved out a niche as a pragmatic and reliable investment choice, especially for those aiming to balance risk and return efficiently. Let's dive into the essentials of MMFs and examine why they have become a go-to financial tool for many Kenyans.
Explore the essentials of investing in Kenya's money market funds (MMFs) with our comprehensive guide covering benefits, risks, and top MMF options available.
Money Market Funds (MMFs) have become a preferred choice for many Kenyans seeking to grow their savings with minimal risk while enjoying higher returns than traditional savings accounts. With a growing number of Money Market Funds available in Kenya, choosing the right one can be overwhelming.
List of 42 Money Market Funds in Kenya, Licensed by Capital Markets Authority. Thursday, September 12, 2024 at 10:14 AM by Elijah Ntongai 4 min read. Money Market Funds (MMFs) have become a preferred alternative to traditional savings accounts, offering customers prompt access to their funds without the need to wait for a maturity date.