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Money Market Fund

Money Market Fund

British-American Money Market Fund - Daily Yield 9.08%; Effective Annual Yield 9.47% | British -American Bond Plus Fund - Daily Yield 6.29%; Effective Annual Yield 6.47% | British-American Equity Fund - BUY KSH 166.16; SELL KSH 171.53 | British-American Balanced Fund - BUY KSH 149.42; SELL KSH 154.62 |

 

A money market fund invests mainly in fixed income securities with short investment duration and high credit quality. These fund  aims to obtain a high level of current income than most bank deposits while protecting investor’s capital. It invests in money market securities with a maturity of less than 12 months allowing for a higher than average rate of return as well as immediate liquidity. The income that the fund earns is accrued daily and distributed to the unit holders net of fund costs.

 

With the Britam Money Market Fund, you are able to save towards your goals and earn extra returns that allow you to achieve your dream. The minimum Investment is Kshs. 1,000 while the minimum top up is Kshs.1,000.

 

Benefits 

 

  • Convenience - Sign up from your mobile phone by simply dialing *778#
  • Start with as low as Ksh. 1,000
  • Earn a rate of return of *10% p.a.
  • Top up anytime and anywhere from your mobile phone.
  • Enjoy flexible withdrawals within 48 hours straight to MPESA

 

The rate of return for the Britam Money Market Fund is earned on a daily basis.

 

The Britam money market fund is your ideal investment option for cash you intend to use to meet your short term goals. These may include:

 

  • School Fees
  • Deposit - Car/Mortgage /Land
  • Chama/Investment Funds
  • Family and Staff welfare funds - for weddings and burials etc.
  • Wedding 
  • Construction/Project funds
  • Holiday, etc.

 

For more information on this product click here to download the Money Market Fund brochure or visit one of our branches.

 

You can download the application form here:  Individual Application Form or Company Application Form or simply sign up by dialing *778#

 

Sign up today and start earning competitive returns! Call us on  0703 094 091  or  E-mail clientservicesbaam@britam.com in case of any queries. 

 

Britam Money Market Fund FAQ 

 

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