Madison Money Market Fund: Daily Yield: 9.02% Effective Annual Yield: 9.44%

The Fund is an excellent investment option that offers you the opportunity to earn competitive return as you save to meet your various financial needs. The Madison Money Market Fund invests in short term debt securities with maturities of less than 12 months. These include; Treasury bills, high quality corporate debt, fixed and call deposits.

It’s ideal for investors with:

  • Need for capital preservation.
  • Short term investment horizon E.g. Save for school fees, private projects, Business capital.
  • Need to set aside emergency fund.
  • High liquidity needs, that is, need easy and fast access to the funds invested
  • Cash flow management requirements
  • No entry or exit fee.
  • High liquidity i.e withdrawal with 2-3 working days
  • Competitive yields (currently at 9.62%* P.A). *this depicts the average yearly yield.
  • Monthly compounding of interest.
  • Flexible investment option
  • Initial investment amount of minimum Kes 5,000, No maximum limit. We also have an indicative return of 9.62% annually.
  • You can top up your investment with as little as Kes. 1,000 whenever you have additional cash to save.
  • We provide free monthly statements by the 4th day of every month.
  • System automation – all activities on your account are monitored and you receive a notification on all transactions.
  • Withdrawals are processed at T+2 working days allowing you to save and withdraw whenever you need your funds.
  • You don’t have to invest monthly or at a specified time but you invest based on your saving plans, objectives and availability of the funds.
  • You have unlimited access to your money without losing your investment and interest gains.
  • The interest is quoted net of management fee and published daily in the newspapers allowing ease of monitoring performance.
  • The funds are held in a Custodial account and the activities of this fund are overseen by Corporate Trustee.

It’s time! Get the cover you deserve

Related Products

Madison Wealth Management
statisticsArticlesFact Sheet
January 11, 2023

Money Market Fund Factsheet December 2022

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 will…
Fact Sheet
October 8, 2021

Equity Fund September 2021

The objective of the Madison Equity Fund is to achieve long-term capital growth through investing in a diversified portfolio of various asset classes in the local and international market with…
Fact Sheet
October 8, 2021

Money Market Fund September 2021

The investment objective of the Madison Money Market Fund will be to achieve capital preservation. The fund will invest in short-term money instruments in the local and international markets. The…
Fact Sheet
October 8, 2021

Monthly Economic Highlights – September 2021

Economic Update Kenya’s Covid-19 vax program picks up pace The Monetary Policy Committee (MPC) met on September 28, 2021, against a backdrop of the continuing global COVID-19 (coronavirus) pandemic, the…