Equity Fund

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Why Cytonn Money Market Fund?

We offer Capital Preservation

Ease of Transaction
of Funds

Interest is earned
daily

High interest returns on low-risk investment

Cytonn Equity Fund

An equity fund is a type of mutual fund or private investment fund that buys ownership in businesses most often in the form of publicly traded common stock.

The Cytonn Equity Fund is a product of Cytonn Asset Managers Limited (CAML), the regulated affiliate of Cytonn Investments Management Plc. The Cytonn Equity Fund is a moderate to high-risk fund that seeks to generate long-term capital growth and endeavors to maximize the total return to investors over the long term by investment in both listed and unlisted equity securities.

Features

Minimum investment: Kes. 1,000
Management fees: 2.5%
Minimum top up: Kes. 1,000
Targeted return: 14.1% p.a.

Download our application form here and start earning competitive returns.

Cytonn Money Market Fund

FEATURES

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.

Cytonn Money Market Fund (USD)

FEATURES

Initial Management Fee
NilAnnual Management fee.
NilMinimum initial investment USD 1,000
Minimum top up USD 1,000

Cytonn High Yield Fund

FEATURES

Minimum Initial investment – Kshs.100,000 (no maximum)
Minimum top up – Kshs.10,000
Initial lock in period – 3 months. After the lock in period, investors can come in and out of the Fund anytime
Ease of entry and withdrawal of funds

CMMF FAQs

What is the management fee for CMMF and at what point is the management fee charged?

The management fee for CMMF is currently at 2.0% Per Annum on the average Asset under Management of the Fund, and it accrues daily as such translating to a daily fee of 0.004%
How do I transfer money from my bank account to CMMF?
Via Direct Deposit:
1. Enter Cytonn’s Money Market Fund Account Number “1222 1595 46”
2. Enter the amount to deposit
3. Enter your client code under the narration or reason section.
You shall receive a business confirmation in 24 hrs.

Via Pesalink:

You can deposit to the CMMF account in your preferred bank channel: USSD, mobile app, ATM, internet, agent or branch)

Step 1: Select “Send to Account” on the Pesalink menu option

Step 2: Enter Cytonn’s Money Market Fund Account Number “1222 1595 46”

Step 3: Select KCB Bank from the provided list of banks

Step 4: Enter the amount to deposit

Step 5: Enter your client code under the narration or reason section.

Step 6: Go to your online account via web or mobile app, create a top-up of the same amount you did via pesalink and attach the proof of payment

You shall receive a business confirmation in 24 hrs.
Where does the fund manager invest the funds collected from Cytonn Money Market Fund?

The funds are invested in high-quality interest bearing assets such as the Fixed Income instruments and other short term money market instruments such as the fixed deposits
What is the withholding tax for Cytonn Money Market Fund and is the tax final? When is the tax submitted?

A withholding tax of 15% for both residents and non-residents is paid on the interest earned and is remitted by the 20^th day of each month. Yes, the tax is final since CMMF is a Collective Investment Scheme
What are the advantages of a Money Market Fund?
There are a number of advantages of investing in a Money Market Fund:
1. Professional Fund Management- as the fund is managed by investment experts
2. Diversification- With a relatively small investment, investment in a money market fund provides access to a broad spread of securities thus minimizes financial risk
- Potential for Higher returns- through pooling of funds and professional investment management, money market funds potentially provide superior returns than comparable products in the longer term
1. Flexibility- you are able to easily move funds between various other collective investment schemes like the Balanced and Equity Fund
2. Accessibility- the money market fund is liquid and easily accessible, meaning you can withdraw funds at short notice
3. Safety- the fund is regulated by the Capital Markets Authority and is also overseen by a dedicated trustee and custodian whose role is to ensure that the fund manager acts in the investors’ best interest and conforms to best practice

Talk to us
Kenya
P.O Box 20695 - 00200, Nairobi, Kenya

Customer Care
Cell +254(0) 709 101 200
WhatsApp +254(0) 748 070 000
Email: clientservices@cytonn.com

General Inquiries
Cell +254(0) 709 101 000
Tel +254(0) 20 3929 000

United States
+1 (240) 368-6217

- Our Digital Platforms

Kenya
6th Floor, The Chancery, Valley Road, Nairobi, Kenya

USA
Suite 1150, 1775 Eye Street NW, USA, Washington DC 20006, USA

Asset Managers
Money Market Fund
Pensions