How To Invest In Unit Trusts In Kenya

This is a collective investment scheme which has the capacity to accommodate and serve both foreigners and kenyans in the diaspora.

How to invest in unit trusts in kenya. There are also different types of unit trust funds you can invest in. They are a short term investment suitable for an investor who is averse to risk losing money. Management fees are charged to manage the fund usually ranging from 1 3 of the fund balance annually. 5 000 is the minimum investment for each cba unit trusts funds.

Investing in unit trusts in kenya is easier thanks to the many companies with the ability to offer best services. A unit trust is a separate independent legal trust set up to meet a stated investment objective. They re managed collectively by a fund manager. A service fee of 2 p.

Some unit trusts also charge an initial joining fee of between 0 5 and 5 of the invested amount. If you were looking to invest in unit trusts then this is your source of information. 5 000 is the minimum additional investment amount. Unit trusts in kenya.

How to invest money in kenya sh 50k 100k 200k 500k and 1 million. The unit trust employs professionals called fund managers to make the everyday decisions regarding investments in line with the specific objectives of that fund. Equity funds as the name suggests will provide access to the stock market. According to a study conducted by the university of nairobi between january 2008 and december 2011 money markets equity and balanced funds were categorised as the major groups that represented the extreme end of the investment spectrum.

Maybe investing in unit trusts was one of them. So it s best you understand the common types of unit trust funds available and how they complement your financial goals to know which to put your money in. Not all unit trusts are created equal each fund is complemented with different assets. There are different types of unit trusts that will then focus on investments in different areas.

Buying a piece of land is the best decision you can make when you have some small amount to spend. By venas november 1 2015 january 19 2016. Also certain aspects of unit trusts have been more predominant in kenya than others. The trust is then broken up into equal ranking units.

How the stock market works in kenya. It is a pool of savings by unit holders members this pool is invested by professional fund managers in selected shares cash and interest bearing instruments. So many people are successful in kenya because they made this decision. To maximize investment returns one has the option to reinvest into the fund.

It is not too late though you can still hit your financial goals. Join me as we learn more about unit trusts in kenya and how to invest in them. Registered unit trusts in kenya unit trusts in kenya are legally referred to as collective investment schemes.