Money Market Fund
British-American Money Market Fund - Daily Yield 6.84%%; Effective Annual Yield 7.06% | British-American Bond Plus Fund - Daily Yield 6.87%; Effective Annual Yield 7.09% | British-American Equity Fund - BUY KSH 177.64; SELL KSH 183.82 | British-American Balanced Fund -BUY KSH 197.64; SELL KSH 203.92 |
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.
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:
You can download the application form here: Individual Application Form or Company Application Form
For more information on this product click here to download 'Money Market Fund' brochure kindly get in touch with us or visit any one of our branches.
Contact us today and start earning competitive returns.