Top 25 Money Market Funds In Kenya Right Now

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.

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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%

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