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Take Charge of Your Investment with Cytonn Money Market Fund

BY Soko Directory Team · May 10, 2019 07:05 am

Investment opportunities are never lacking, and Cytonn Investments is at the forefront to ensure you get good returns for every venture, which is why it offers you Cytonn Money Market Fund.

Typically, a money market fund (MMF) allows you to invest in short-term debt securities with high credit quality such as treasury bills and commercial paper.

If you are a conservative low-risk investor hellbent on stability and security for capital invested, then a money market fund is your choice.

Interest from the fund is calculated on a daily basis and credited to your account net of costs.

One of the key products that Cytonn offers is the Collective Investment Scheme or Unit Trust Funds.

SEE ALSO: Join the Sharp Investors’ Tour by Cytonn Real Estate

In this case, Cytonn Money Market Fund exemplifies one great opportunity that lets an investor take charge of his or her investment in today’s competitive economy.

It is a low risk fund that seeks to preserve your capital as you get above-average returns and it seeks to outperform the yield on all available money markets instruments like Treasury bills and fixed deposit by maintaining a healthy diversified portfolio.

So far, Cytonn MMF has had an average return of over 11 percent p.a. But why should you consider this investment opportunity?

Simple. We all know that the stock market is extremely volatile. Half the time, investors are not convinced on what to put their money in and in such a case, the money market becomes a terrific safe haven. Why? As stated above, money market funds have less risk than their stock and bond counterparts.

Far from that, liquidity is not an issue in an MMF. The money you invest in, say Cytonn MMF, goes to trading in securities that are in fairly high demand. What this means is that they tend to be more liquid; investors can buy and sell them with comparative ease.

READ ALSO: A Glimpse at Cytonn’s Market Outlook: How Things Look Now and in the Future

Enough said. Cytonn Money Market Fund has the following key features:

  • Minimum initial investment – 1,000 shillings
  • Top-ups – 1,000 shillings
  • Interest earned daily
  • Ease of entry and withdrawal of funds

Also,

  • No entry or exit fee is charged.
  • Interest earned is compounded on a daily basis.
  • Your capital will remain safe.
  • You will get competitive rates based on the market.
  • For first time investors, this would be the best starting point

RELATED: Banking Sector Set for More Consolidation Activities in 2019 – Cytonn

So, if you are looking for a perfect money market fund to park your money in, Cytonn MMF is the ideal opportunity. It is quite advantageous, especially if you need a short-term, relatively safe place to put your cash.

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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