The CIC money market fund interest rate in August 2022 is effective annual yield of 9.0%. Fee structure Annual Management Fee 2.5% p a I/We fully understand the fund's features and we are ready to invest in the Amount Sign Date Page 4 Britam Money Market Fund The unit trusts act as the professional fund manager while separate entities, mostly banks, are the custodians of the funds. CIC Insurance Head office Location: CIC Plaza, Mara Road, Upper Hill, Nairobi. CIC Asset Management Ltd June - 11 Low Kenya Commercial Bank Co-op Custodial Services PWC Nil 2.0% 8.86% Monthly Key Features Market Commentary Asset Allocation December 2021 CIC Asset Management Ltd - CICAM CIC MONEY MARKET FUND Fact Sheet Fixed Deposits 59.14% Treasury Bills 33.75% CBK Treasury Bonds 5.60% Corporate Bonds 0.09% Cash & Net . Option 1: Deposit Funds using CIC's M-PESA Pay Bill. How To Join Cic Money Market Fund April 21, 2022 by Ekundayo with no comment Investment Posts The first step is to go to the Cic Money Market Fund website and click on the "Join Now" button. Investment horizon. Sanlam Money Market Fund 3. This is a type of unit trust fund that invests in low-risk investments with an element of stable returns such as fixed deposit accounts, treasury bills or in a commercial bond. You can find the latest CIC Money Market Fund interest rates in the section below as well as through the Money Market Kenya Bot. Money market solutions *or equivalent value Share Print Further information Factsheet Cash management Factsheet 32-day call deposit Name * E-mail * Telephone * The CIC money market fund rate today is 8.69% (Daily yield). Location: Reinsurance Plaza, Mezzanine Floor Aga Khan Walk, Nairobi. This will help you to either liquidate part of it or the entire amount. Sanlam Money Market Fund. if your member number is 12345 you'll enter 12345M. Step by step guidance on how to join CIC Money Market Fund (with 10 insider tips) below:https://nashthuo.com/cic-money-market-fund/Read a comprehensive guide. CIC Home | CIC Kenya Home | CIC Kenya | CIC Insurance Kenya CIC Money Market Fund. 3. Indicate the investment details Give a copy of the KRA pin certificate This gives it a market share of 41.05%, an increase of 6.08% from KSh 40.524 Billion in Q3, 2020. Select the Pay Bill option. Your Risk score:24 your Prefered Fund is: Money Market Fund. To get in touch with CIC Money Market Fund, you can call them using their official contact ( 0703099120 ). ICEA Money Market Fund. A money market fund invests mainly in fixed income securities with short investment duration and high credit quality. Compounding Ease of investment Ease of top ups Ease of withdrawal Ready access to information The fund was launched in 2011 and has been in existence since then. Talk to us; Kenya; P.O Box 20695 - 00200, Nairobi, Kenya; Customer Care; Cell +254(0) 709 101 200; WhatsApp +254(0) 748 070 000; Email: clientservices@cytonn.com General Inquiries The list continues to grow as more investors realize the benefits of investing in such a fund. Currencies. List of CIC Insurance Branches In Kenya and Contacts 1. CIC Insurance Buruburu branch Follow the bot commands to get the forms and other information on the CIC Money Market Fund. Britam Money Market Fund For the Account Number enter your CIC Member Number followed by an M e.g. These are just some of the money market funds in Kenya. Consistent returns are great for your financial planning efforts and taking advantage of the power of compound interest. Features of CIC Money Market Fund A minimum investment amount of Ksh 5,000 while the minimum additional amount is Ksh 1,000 High liquidity while you can withdraw funds within a short notice without penalty fees No initial fees You can access your money within 2 to 4 working days Conditions. Zimele Money Market Fund 4. This fund is more aggressive than the money market fund and its objective is to attain an enhanced level of return. Dollar Fund Buy || 1.00 Sell || 1.00 Date 28/10/2022 Wealth Fund Buy || 1.00 Sell || 1.00 Date 28/10/2022 Balanced Fund Buy || 7.49 Sell || 7.66 Date 28/10/2022 . CIC Wealth Fund is a low to moderate risk fund which invests in diversified near cash holdings, fixed deposits and high yielding interest bearing instruments in the Kenyan market. Send a message with the word " secret " to activate the bot. Investing with money market funds in Kenya is growing in popularity as more people focus to diversify and tap into Archives. Select Enter business no. Financial Wellness and setting up an emergency fund with CIC Money Market Fund CMMF invests in high-quality interest-bearing investments, fixed deposits, and near cash holdings in the Kenyan market. October 2022; September 2022; August 2022; July 2022 . Contacts: (+254) 703 099 120 (020) 282 3000. 1-12 months. Other funds include: British American (10.7%), NCBA (10.4%), ICEA Lion (9.4%), Old Mutual (5.9%). Step by step guide on how to join CIC Money Market Fund, the best money market fund in Kenya by AUM [with a free CIC Money Market Fund Calculator Bot] Read More No.1 Guide to CIC Money Market Fund [with 10 insider tips] You can also access your funds any time, usually, within 3 working days. Britam Money Market Fund. Products. The industry's overall assets under management grew to KSh 88.1 Billion from KSh 76.5 Billion in Q1 2020. We confirm that the money used for the investment in the CIC Unit Trust Scheme are not arising out of the proceeds of any money laundering or other illicit activities. The fund was launched in 2011 and has been in existence since then. CIC Insurance CBD branch. 2. CIC has a team of investment managers who are competent to deliver the best advantage for investors. The value of units moves in accordance with the performance of the unit trust . CIC money market fund leads the top 5 funds according to Assets Under Management with a 45.3% market share up from 44% recorded in Q1 2020. Name and contact of your wealth advisor(if you have any) . Financial Wellness and setting up an emergency fund with CIC Money Market Fund The fund pays you back without any service charge. Save my contact as Nash Thuo for it to work. Investment risk level - Medium to higher risk. The average annual CIC money market fund interest rate 2021 was 9.3%. CHF, EUR, USD; GBP additional currencies on request. How to get the CIC Money Market Forms via WhatsApp or Telegram Chat with me via this WhatsApp link or this Telegram link. 3. Money market solutions. It offers a low-risk method of investing one's money in diverse portfolios involving short-term money market instruments. When you invest in a CIC Unit Trusts, the number of units you are allocated is calculated by dividing the amount you invest by the offer price at the time. Contact: +254 703 099 500. 4. Cytonn Money Market Fund (CMMF) is your ideal investment plan if you look to save up to meet goals soon. NCBA Money Market Fund. The company targets Fixed and Call deposits, Treasury Bil. CIC Money Market Fund The CIC Money Market Fund is one of the best-performing MMFs in Kenya. CIC Money Market Fund The CIC Money Market Fund is one of the best-performing MMFs in Kenya. Recommended investment horizon - Long term. Benefits of The CIC Money Market Fund 1.Professional investment management. Bank . From CHF 50 000* interest on request. 2.Liquidity As an investor, you have the rights to withdraw your funds on short notice at any given period. As an example, if the offer price for each unit is Kshs 10, an investment of Kshs 250,000 will buy 25,000 units. and enter the paybill number 600118. How To Join UAP OLD Mutual Money Market Fund Individual Application An individual applicant has to fulfil the following to join the money market fund: Name, ID or passport number and email address of the applicant. Our in-house money market service ensures that you are served quickly and effectively. You need to fill out the form with your name and email address. The CIC MMF account MPESA Pay bill is 600118 2. Alternatively, you can send an SMS to 22471 or write an email to callc@cic.co.ke You can visit their Contact Us page to access the phone contacts, emails, and physical locations with specific addresses of your nearest branch. Security Britam Money Market Fund is a low risk and high liquidity investment platform. INVESTMENT PERSONAL FINANCE Money Market Fund in Kenya. CIC Insurance Kenya Branches: CIC Insurance Kenya Contacts: CIC Insurance Kenya Braches Location: CIC Head Office or CIC Insurance Group Limited: Phone: +254 703 099120 Email: infor@CIC.co.ke Website: https://cic.co.ke/ CIC Plaza II, Mara Road, Upper Hill: CIC Insurance -Kisii Branch: Phone: 0725 987 183 Email: kisii@CIC.co.ke: Kisii County . CIC Unit Trust emerged as the leading firm with assets worth KSh 42.988 Billion under management as of December 31st, 2021, according to a report by Capital Markets Authority (CMA) Q1, 2021. customers certified bank details and signatures. The fund may have a maximum of 10% exposure to offshore investments. So, what is a Money Market Fund? This means that you will not lose your money invested, and it will grow its interest over time. Cytonn Money Market Fund. Apr 8, 2022 Robert Kariuki. Dollar Fund Buy || 1.00 Sell || 1.00 Date 28/10/2022 Wealth Fund Buy || 1.00 Sell || 1.00 Date 28/10/2022 Balanced Fund Buy || 7.49 Sell || 7.66 Date 28/10/2022 . CIC Money Market Fund interest rates are about 8%. Go to your M-PESA menu and select the Lipa na M-PESA option. Contacts; Tag: CIC money market fund. Let us look at some of Kenya's Best Money Market Funds in 2022. After clicking, you will be taken to a form. We offer you comprehensive and innovative solutions to optimise the return on excess liquidity. Conclusion How To Contact CIC Money Market Fund Customer Care Contact CIC Customer service through: +254 20 282 3000 +254 703 099 120 WhatsApp +254 722 204 572 Advertisements Business Tips Financial Tips Investment Money Previous Post Next Post Time deposit. Cytonn Money Market Fund. Step by step guidance on how to join CIC Money Market Fund (with 10 insider tips) below:https://nashthuo.com/cic-money-market-fund/Read a comprehensive guide.