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Wealth Management

What is the Wealth Management Product?

The wealth management product is aimed at achieving high-income return generated through investments in fixed income securities whilst ensuring risk is minimized or controlled. To achieve these two objectives, the Fund Manager invests client funds in security classes such as:

1. Listed Treasury Bonds & Bills

2. Listed Corporate Bonds

3. Structured Notes

4. Commercial Papers

5. Other fixed income securities

What are the features of the product?

Name

Wealth Management

Minimum Amount

Kshs. 1Mn

Minimum Top-up

Kshs. 500,000

Investment tenors

3,6, 12 months, above 1 year

Benefits

Principal Protection Strategy

Enhanced return

Effective cash-flow management

Underlying

Fixed Income securities

Management Fees

1%

Custody Fees

0.10%

Hurdle Rate

11 - 12% *

*NB: Hurdle rate is dependent on investment duration and may vary depending on market volatility. Figure is Gross of Tax.

 

What are the requirements?

Corporate entity

1. Founding Documents

i. Companies – Certificate of Incorporation or

ii. Partnership – Partnership Agreement or

iii. Other Legal entities - Constitution or other founding documents, and

iv. Memorandum and Articles of Association

2. Other documents

i. Resolution/Mandate authorizing the investment - A document demonstrating that the entity and/or its officers are duly authorized to enter into this Agreement

ii. Copy of PIN (Tax) Certificate

iii. Copy of Tax exemption certificate (where applicable)

3. Documents from each authorized representative

i. Copy of ID or passport

ii. Passport Size Color photograph (N/A for Standard Chartered Bank Custody Account)

Individual Application (Natural persons)

1. Copy of ID or Passport

2. Copy of Utility Bill (not more than 3 months old) or a Proof of Address letter

3. Copy of tax exemption certificate (where applicable)

4. Passport size color photograph (N/A for Standard Chartered Bank Custody Account)

 

For any queries, contact us on:

Tel: 0703 094 091 
Whatsapp Line: 0796962837.
Email: clientservicesbaam@britam.com
 
To apply for this service click here to download the Wealth Management Application Forms- Individual  | Corporate Deed of Adherence

Terms and conditions apply.