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Top 25 Money Market Funds In Kenya Right Now

BY Soko Directory Team · November 11, 2024 09:11 am

KEY POINTS

The yields on the Cytonn Money Market Fund closed the week at 18.1%, remaining unchanged from the previous week, while the average yields on the Top 5 Money Market Funds decreased by 15.8 bps to close the week at 17.2%, from 17.4% recorded the previous week.

In the money markets, 3-month bank placements ended the week at 16.6%, and the yields on the government papers were on a downward trajectory.

The yields on the 364-day and 91-day papers decreased by 52.1 bps and 51.6 bps to 14.4% and 13.4% respectively from 15.0% and 14.0% recorded the previous week.

The yields on the Cytonn Money Market Fund closed the week at 18.1%, remaining unchanged from the previous week, while the average yields on the Top 5 Money Market Funds decreased by 15.8 bps to close the week at 17.2%, from 17.4% recorded the previous week.

Read Also: The Path To Financial Independence: Tapping Into SACCOs And Money Market Funds

Here is the full list with their effective annual rates:

MMF

  1. Cytonn Money MARKET Fund – 18.1%
  2. Lofty-Corban Money Market Fund – 17.8%
  3. Etica Money Market Fund – 17.2%
  4. Arvocap Money Market Fund – 16.6%
  5. Kuza Money Market Fund – 16.5%
  6. Jubilee Money Market Fund – 15.5%
  7. Ndovu Money Market Fund – 15.5%
  8. Nabo Money Market Fund – 15.4%
  9. Mali Money Market Fund – 15.2%
  10. Genghis Money Market Fund – 15.2%
  11. GenAfrica Money Market Fund – 15.2%
  12. KCB Money Market Fund – 15.2%
  13. Faulu Money Market Fund – 15.2%
  14. Mayfair Money Market Fund – 14.9%
  15. Sanlam Money Market Fund – 14.9%
  16. Apollo Money Market Fund – 14.9%
  17. Madison Money Market Fund – 14.9%
  18. Enwealth Money Market Fund – 14.6%
  19. Co-op Money Market Fund – 14.4%
  20. Ansa Shilling Money Market Fund – 14.3%
  21. Orient Kasha Money Market Fund – 14.3%
  22. Old Mutual Money Market Fund – 13.9%
  23. Dry Associated Money Market Fund – 13.9%
  24. CIC Money Market Fund – 13.5%
  25. ICEA Lion Money Market Fund – 13.3%

Read Also: How Kenyans Can Create Wealth Baskets Via Money Market Funds

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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