SPONSORED: Investing in Money Market Funds

This has seen a shift from fixed deposit and savings accounts to investment vehicles that bring in higher returns over a set period.

Investing is now seen as the smart way to put money to work, build wealth and navigate the volatile economic climate.

Money Market Funds are particularly a popular investment tool in Kenya, according to the most recent data issued by the Capital Markets Authority (CMA), which found that most Kenyans invest the majority of their earnings in money market funds.

Money Market Funds are mutual funds that invest in short-term highly liquid securities like cash equivalents, Treasury Bills and government securities.

They have higher returns on investment compared to a traditional savings account. They are intended to provide financial stability and liquidity, especially during harsh economic conditions.

They offer benefits such as higher average returns compared to the inflation rates, high liquidity, low affordable investment amounts and are very low risk compared to other investment vehicles.

Orient Asset Managers is a fund manager offering a wide range of investment services carefully tailored to help individuals create wealth through a broad range of asset classes such as the Kasha Money Market Fund.

The Kasha Money Market Fund is a unit trust product offering tailored towards meeting your current and short-term investment needs.

It provides you with a safe avenue for investing in a secure and highly liquid, cash-equivalent assets using smaller investment amounts. The fund primarily invests the investable amounts in bank deposits.

Through the Kasha Money Market Fund, you are assured of competitive returns of up to 14 per cent per annum on your investment and easy access to your funds in case of an emergency.

It is highly affordable and allows you to invest from as low as Ksh.1,000 with no upfront fees required.

Get in touch with Orient Asset Managers and start your investment journey or you can dial the USSD code *273# on your mobile phone and start investing.