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.
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.