5 Great Money Market Funds In Kenya 2021

2020 was a challenging year for many people. But if there was one lesson that a lot of us learnt was that we need to start investing or growing our investments.

One great investment that everyone should consider, is a money market fund.

Money market funds are low-risk investments. That means they are generally safe and you can easily access your money when you need it.

To help you get started, I created a list of five money market funds for you to consider.

Here are the criteria that I used to determine which fund will appear on the list:

• The initial deposit had to be low. This was important because it allows a majority of people to join.
• The funds had to have good returns. The returns had to be more than treasury bills and inflation. On the flip side, the returns should not be that much higher than the other funds. This is because the higher the returns, the higher the risk.
• They came highly recommended. This was from the research I did and recommendations from other investors.
• They had to be regulated by Capital Markets Authority

Final Note

As you can see, with a little as Ksh. 100, you can start investing. So go ahead and make the decision to start investing. Don’t let another year pass you by.