Investment plans
Money Market Fund
A Money Market Fund (MMF) is a mutual fund that invests in short-term debt securities like Treasury bills, Fixed Deposit, and Commercial Paper. This fund is designed to provide investors with a relatively safe place to park their cash while earning a modest return that is typically higher than what a traditional savings account offers. You can invest in both USD & KSHS.
Product Features:
Higher Returns:- Investors can enjoy notably higher returns with a money market fund than you would with a regular savings account. Some MMFs give annual return of above 12% p.a. compared to banks that give 5% p.a. or less on fixed deposits.
Reinvest their interests:- MMFs also allow members to reinvest their interests to profit from compound interest.
Easy Accessibility:- one of the advantages of a MMF is that you can access your funds on average within 2 to 3 working days.
Low Risk & Secure Fund:- this fund is one of the safest investments and thereby a great avenue to park funds.
Transparency:- Fund managers provide regular updates on the fund’s performance with some offering applications.
Professional Management:- Money market funds are managed by experienced fund managers who actively monitor and adjust the fund’s portfolio to optimize returns while maintaining liquidity and minimizing risk.
Regulation:- The money market funds are regulated by Capital Markets Authority (C.M.A) ensuring investor protection and compliance with regulatory requirements.
Who can invest in the Money Market Fund?
- Any individual above 18 years or a legal entity with a KRA Pin can invest in the money market fund.
- Corporates,
- Sacco’s
- Churches,
- Self-help groups,
- Learning Institutions- Schools, colleges, Universities
- Churches
- Chamas
- Welfare Groups
- Professional Groups all can invest in the money market fund.
How to Invest in a Money Market Fund
Exotix Insurance Agency has partnered with leading Fund Managers in Kenya to ensure you invest with the best. Invest in a money market fund by contacting us on +254720570634/ +254721306386
Diaspora Services
Embarking on a mission to cater directly to the needs of the vibrant Kenyan diaspora, Diaspora Services emerges as a beacon of empowerment and opportunity. Bolstered by team members who have walked the same paths abroad, we intimately grasp the challenges and aspirations of our community. Now, Kenyans across the globe have a gateway to a diverse array of investment prospects back home. Your concerns, your dreams—we hear them loud and clear. And with investment solutions offered in both Kenya Shillings and US Dollars, we pave the way for seamless financial engagement, regardless of your location. Join us as we turn your aspirations into tangible realities, bridging continents with boundless potential.
What are the Benefits of Investing back in Kenya?
1. Platforms available to ease in remitting the funds
2. Competitive returns
3. Transparency of investments and easy access (via apps and live online access platforms)
4. Safe place to build passive income
5. Opportunity invest towards a goal- building a home, emergency fund, holiday,
6. Flexibility of top ups
Exotix Insurance Agency has partnered with the leading Fund Managers in Kenya to ensure your funds are invested safely and with the best returns. Invest in a USD/Kenya Shilling fund by contacting us via WhatsApp/sms/call on +254720570634/ +254721306386.