Suitable for Investors:
Masaru Money Market Fund is suitable for investors:• Low Risk Profile
• Seeking capital stability
• Seeking high liquidity
• Seeking interest income
• Focusing on short term to medium term investment horizon
Features
Minimum Initial Investment: KES 100,000Minimum Top up: KES 10,000
Distribution Frequency: Monthly
Investment Currencies: KES
Management Fee: 2.0%
Onboarding:Self service:
• Masaru Website
• Masaru Telegram Bot
• Masaru Whatsapp Channel
• Masaru USSD Channel
Top Up means: M-pesa, Airtel Money, T-Kash
Initial Investment Charges: Nil
Investment Groups:
Individual
Investment Groups
Corporate Investments
Group Investments
Redemption: 2 Days’ Notice
Benchmark: Average return of 91 day T-bill plus 1%
Risk Profile: Conservative
Trustee: Cooperative Bank Kenya
Custodian: Stanbic Bank Kenya
Fund Manager: Alpha Asset Managers Kenya
Investment Committee: Chaired by – Mr. Jude Anyiko, CFA
Portfolio Allocation
Securities AllocationGovernment T-bills and Bonds: 15-30%
Commercial Papers/Private Debt: 15-25%
Fixed Deposits: 30-40%
Cash and Call: 15-25%