📘Overview
The minimum is KES 1,000,000, with top-ups from KES 100,000. KCB Bank is the trustee, the Co-operative Bank of Kenya holds the fund's money as custodian, and PwC audits it.
⚙️How it works
Withdrawals are paid 2 to 4 working days after you ask.
💳Fees and charges
• Management fee: 2% a year.
• Withholding tax of 15% applies to interest.
⚠️Risks and important considerations
✅Eligibility and how to apply
❓Frequently asked questions
KES 1,000,000 to start and KES 100,000 for top-ups.
How fast can I withdraw?
Within 2 to 4 working days.
How often is income paid?
Monthly.
Who keeps the money safe?
KCB Bank is the trustee, the Co-operative Bank of Kenya is the custodian and PwC is the auditor.
💰 What your money earns
At 10.36% a year, this week's yield (6 Nov 2026) · see how it has moved. Interest builds up every day, so you can see what each day and month adds.
Yield, week by week
- 2 Nov
- 6 Nov
Average over these 2 weeks: 10.40% a year (from 10.36% to 10.44%).
Before the 15% withholding tax on interest, which the fund deducts for you. The yield changes every day, so treat this as a guide, not a promise.
🏛️ Who looks after your money
Your money sits with the custodian, not with CIC Asset Management Ltd, and the trustee watches over the manager on your behalf.
- Trustee
- KCB Bank KenyaChecks the manager follows the rules, on your behalf
- Custodian
- The Co-operative Bank of KenyaHolds the fund's money and investments, separate from the manager
- Auditor
- PwCChecks the fund's accounts every year
- Withdrawals
- Paid 2 to 4 working days after you ask.
- Lock-in
- None
- Interest
- Monthly
From: CIC factsheet, Jul 2026.
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⚖️ Compare with other fixed income funds
| Product | This oneCIC Fixed Income FundCIC Asset Management Ltd | Britam Bond Plus FundBritam Asset Managers (Kenya) Ltd | Etica Fixed Income Fund (KES)Etica Capital Ltd | Kuza Fixed Income Fund (KES)Kuza Asset Management Ltd | Madison Fixed Income FundMadison Investment Managers Ltd |
|---|---|---|---|---|---|
| This week's rate | 10.36% | Not on our weekly list | 12.11% | 11.30% | 11.35% |
| Minimum to start | KES 1,000,000 | KES 1,000 | KES 100 | KES 1,000 | KES 5,000 |
| Access to money | No lock-in. Withdrawals are paid 2 to 4 working days after you ask. | No access for the first 14 days; after that, withdrawals reach M-Pesa or your bank within… | No lock-in. Withdrawals are instant to M-Pesa, and reach a bank account within 2 working… | 3-month lock-in on each investment; after that you can withdraw on any business day. Best… | Money is invested for 3-month terms that renew automatically. Withdrawals are paid the ne… |
| Risk | Low | Low to medium | Low risk | Low to medium | Conservative |
Rates change weekly and past returns don't guarantee future returns. Check each fund's latest documents before you invest. See all weekly rates →
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Information last reviewed: 12 Nov 2026