Madison Money Market Fund Daily Yield: 10.40% Effective Annual Yield: 10.91% Madison Fixed Income Fund Daily Yield: 11.26% Effective Annual Yield: 11.57%

The Money Market Fund invests in money market securities to competitive yields and capital preservation in a well-diversified portfolio of securities. It is specifically designed for all investors who are big on steady income streams and high liquidity.

  • Initial minimum investment amount of Kes 5,000
  • Minimum top-up amount of Kes 1,000
  • No restriction on tenor
  • Withdrawals are processed in 3 working days
  • Monthly distribution of interest

Indicative Rate: 9.50 p.a.

statisticsArticlesMoney Market Fund
May 10, 2023

Monthly Economic Highlights April 2023

Economic Performance Kenya’s GDP growth is forecasted to grow to 5.3% in 2023 from 4.8% in 2022Interested in finding out more? Download the Economic Highlight here.
statisticsArticlesFact SheetMoney Market Fund
May 5, 2023

Madison Money Market Fund Factsheet April 2023

The investment objective is to achieve capital preservation by investing in short-term money market instruments such as Bank Deposits, Government Securities and Corporate Instruments. The average maturity of assets in…
statisticsArticlesFact SheetMoney Market Fund
April 17, 2023

Madison Money Market Fund Factsheet March 2023

The investment objective is to achieve capital preservation by investing in short-term money market instruments such as Bank Deposits, Government Securities and Corporate Instruments. The average maturity of assets in…
statisticsArticlesMoney Market Fund
March 10, 2023

Monthly Economic Highlights February 2023

Economic Performance The Stanbic Purchasing Manager’s Index (PMI) declined to 46.6 in February from 52.0 a month earlier. This was the first contraction in the private sector since August 2022.Interested…

Disclaimer: The Capital Markets Authority does not take responsibility for the financial soundness of the scheme or for the correctness of any statements made or opinions expressed in this regard. Past performance is not an indicator of future performance as the price of units may rise or fall. In certain specified circumstances, the right to redeem units may be suspended.

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