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Search a fund manager, unit trust or fund (like a money market fund) to see if the Capital Markets Authority has licensed or approved it, and whether members have reported it.

Covers fund managers, unit trusts (collective investment schemes) and their funds, from CMA's lists. Banks, Saccos, lenders and insurers are not covered yet.

Results for “Dry Associates Limited (Trading as Dry Associates Investment Bank)”

Dry Associates Limited (Trading as Dry Associates Investment Bank)
✅ Licensed by CMA

Stockbroker / investment bank · Licence 114 · dryassociates.com/about/ · checked 5 Nov 2026

Approved schemes and funds (10)

Dry Associates Unit Trust Funds

Dry Associates Money Market Fund (KES)Money market fund

Dry Associates Money Market Fund (USD)Money market fund (USD)

Dry Associates SME Impact Debt FundFixed income fund

Dry Associates Special High Yield Fund (KES)Special / alternative fund

Dry Associates Unit Trust Scheme

Dry Associates Euro Special Fixed Income FundSpecial / alternative fund

Dry Associates Money Market Fund (Kenya Shillings)Money market fund

Dry Associates Money Market Fund (US Dollars)Money market fund (USD)

Dry Associates Small and Medium Enterprise Impact Debt FundFixed income fund

Dry Associates Special High Yield Fund (formerly Dry Associates Balanced Fund KES)Special / alternative fund

Dry Associates Sterling Special Fixed Income FundSpecial / alternative fund

Special and alternative funds are usually meant for experienced investors and often need larger amounts.

Always confirm on the regulator's own website before you invest: licences change. Being licensed means a company is supervised; it does not guarantee returns.

🚩 Red-flag check

Tick everything that applies to the offer you're looking at.

Promises a fixed, guaranteed high return (for example "10% a month" or "double your money") Pays early members with money from new members, or rewards you mainly for recruiting others Asks you to send money to a personal M-Pesa number, Till or Paybill not in the company's own name Pushes you to decide quickly: "only today", "limited slots", "don't tell anyone" Cannot show a licence, or the name is not on the regulator's list Contacted you first on WhatsApp, Telegram or social media, often through a friend or group admin Is vague about what the money is invested in, or says it is "forex", "crypto" or "trading bots" with no detail Makes it hard to withdraw, or asks for a "fee" or "tax" before you can get your money

No red flags ticked yet.

Check the official register

Fund managers, unit trusts and their funds are licensed and approved by the Capital Markets Authority (CMA). Its website lists every licensee and publishes warnings about unlicensed schemes.

CMA · List of licenseesFund managers, investment banks and stockbrokers, and approved unit trust schemes and funds CMA · Capital Markets AuthorityInvestor alerts and warnings about unlicensed schemes

Not checking a fund? This page doesn't cover these yet, so go to the regulator: banks, microfinance and mobile lenders (CBK), Saccos (SASRA), insurers (IRA) and pension schemes (RBA).

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