Madison Money Market Fund: Daily Yield: 10.44% Effective Annual Yield: 11.00%
The Wealth Fund invests in high-yielding securities which attractive returns in a well-diversified portfolio of securities. It is specifically designed for high-net-worth investors and companies who want high yields with steady income streams.
- Initial minimum investment amount of KES 1,000,000
- Minimum top-up amount of KES 500,000
- Tenor – 6 months and 12 months renewable
- Withdrawals are processed in 6 working days
- Semi-annual distribution of interest
Indicative Rate: 12% 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.