Money Market Fund
British-American Money Market Fund - Daily Yield 8.48%; Effective Annual Yield 8.82% | British-American Bond Plus Fund - Daily Yield 6.52%; Effective Annual Yield 6.72% | British-American Equity Fund - BUY KSH 149.05; SELL KSH 154.24 | British-American Balanced Fund -BUY KSH 1165.85; SELL KSH 171.22 |
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.
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:
For more information on this product click here to download the Money Market Fund brochure or visit one of our branches.
Sign up today and start earning competitive returns! Call us on 0703 094 091 or E-mail email@example.com in case of any queries.
Britam Money Market Fund FAQ
Terms and Conditions apply