Ndovu Wealth Limited has launched its Money Market Fund (MMF), dubbed ‘Ndovu Fund,’ to provide investors with diversified and affordable investment options.
The Fund, which received formal approval from the Capital Markets Authority (CMA) allows investors to make investments as low as Kes 500.
Ndlovu Fund is designed to provide investors with a flexible, stable, and relatively low-risk investment option that offers competitive returns. It is ideal for both first-time and seasoned investors.
According to Ndovu Wealth Limited Chief Executive Officer (CEO) Radhika Bhachu, the Fund will invest in a diversified portfolio of high-quality, short-term securities, Treasury Bills, Treasury Bonds, and high-quality rated commercial paper, allowing investors to earn attractive yields while maintaining liquidity.
“We are fostering a culture of saving and investing in Kenya. With this fund, we’re empowering Kenyans to take control of their financial future by offering a platform to start investing, diversify their portfolios, and meet their long-term goals—all while earning competitive returns.”
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The Ndovu platform provides a secure investment experience for our users. As we continue to make investment opportunities more accessible, our commitment remains to empower Kenyans to grow their wealth both locally and globally in a secure, convenient, and simple way.” she added.
The fund will be managed by a team of experienced professionals who will actively monitor market conditions and adjust the fund’s investment strategy accordingly.
