Cic money market fund top up
Web1. Cytonn Money Market Fund. The Cytonn Money Market Fund enjoys an effective annual rate of 11.0%, and it has been so over the past 12 months. That makes Cytonn … WebOct 14, 2024 · For instance, say one wants to invest in Britam’s money market fund. One has to dial *778#and top up their account with the Mpesa pay bill. However, it is essential to note that Britam charges a management fee of 2.5% in its unit trust, whether invested under a balanced fund or money market fund. Old Mutual Kenya Unit trust
Cic money market fund top up
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WebJul 13, 2024 · Go to your M-PESA menu and select the PayBill option. Enter the PayBill number 600118. For the Account Number enter your CIC Member Number followed by …
WebJun 23, 2024 · Terms of The CIC Money Market Fund. Below are a few things to note before joining the CIC Money Market Fund: As an investor, you need to pay up a … WebApr 4, 2024 · We identified eight funds with seven-day yields of 3.7% or more, reasonable expense ratios of under 0.5% and minimum investment requirements of $10,000 or less. When researching money market …
WebMar 22, 2024 · Washington, DC; March 23, 2024 —Total money market fund assets 1 increased by $117.41 billion to $5.13 trillion for the week ended Wednesday, March 22, the Investment Company Institute reported today. Among taxable money market funds, government funds 2 increased by $131.84 billion and prime funds decreased by $10.83 … WebDescription The CIC Money Market fund is a low risk fund which invests in diversified near cash, interest bearing instruments in the Kenyan market. ... The minimum investment amount is kshs.5, 000 and minimum top ups of kshs.1, 000. ... Price of units can go up as well as down as a result of changes in the value of the underlying investments ...
WebOct 30, 2024 · Like a money market mutual fund, stable value funds aim to always maintain a net asset value (NAV) of $1.00 per share. It’s this so-called insurance wrapper that enables stable value funds to deliver the higher yields of short-term bonds with the same low-risk of a money market mutual fund.
WebNov 5, 2024 · CIC Money Market Fund. The CIC Money Market fund is a low-risk fund which invests in diversified near cash, interest-bearing instruments in the Kenyan market. ... Clients can also top up your account anytime using your MPesa account. Read also: Mutual funds in Kenya. 6. CBA Group Money Market Fund in Kenya file folder box clearWebFeb 1, 2024 · Madison Asset Money Market Fund. This is a perfect savings account for those looking to grow their savings or keep their cash for a short time. At the end of the month, the interest earned will be credited then re-invested while your capital remains safe. You will be required to pay an initial investment of Ksh. 50,000. grocery stores in roberta georgiaWebThe CIC Money Market fund is a low risk fund which invests in diversified near cash holdings, high quality interest bearing investments and fixed deposits in the Kenyan market. grocery stores in riverdaleWebJun 23, 2024 · Below are a few things to note before joining the CIC Money Market Fund: As an investor, you need to pay up a minimum principal amount of Ksh5,000. For monthly top-ups, a minimum of Ksh1000. No fees are charged to invest in the fund. Investors can access their investments on a short notice of two to four working days. file folder boxes decorativeWebFeb 20, 2024 · CIC saving plan starts from a minimum of kes 5000 at any frequency and earn an interest of 9.05% p.a on all deposits. The minimum top up is kes 1000 per … grocery stores in ridgecrest caWebSep 7, 2024 · The minimum top up to the CIC money market fund is Kshs 1,000. Please note there is no requirement to top up your account. You can also top up with any … grocery stores in ripley tnWebOct 19, 2024 · CIC Money Market Fund is a low-risk investment with tons of benefits. CIC is the best option if you are looking forward to getting a high asset value investment. The … grocery stores in ridgecrest