C
Money Market Funds
CIC Money Market Fund
CIC Asset Management Ltd
A Kenyan-shilling money market fund for investors seeking a professionally managed, liquid short-term investment.
Information last reviewed: 13 Oct 2026
Overview
CIC says the fund invests in low-risk, liquid interest-earning instruments. Its stated objective and portfolio do not guarantee returns or prevent all investment risk.
How it works
Investors purchase units in a pooled portfolio managed according to the fund mandate. Interest is calculated daily and credited monthly according to CIC’s published description; check current fund documents for details.
Fees and charges
CIC lists no initial fee and an annual management fee of 2% per annum. Confirm whether any other charges or taxes apply under the current offer documents.
Risks and important considerations
A money market fund is an investment and not a bank deposit. Returns are variable and not guaranteed. Review the current information memorandum and risk disclosures before investing.
Eligibility and how to apply
CIC lists a minimum investment of KES 5,000 and minimum additional investment of KES 1,000. Confirm current onboarding requirements with CIC.
Frequently asked questions
Minimum initial investment: KES 5,000. Minimum additional investment: KES 1,000. Published annual management fee: 2%; initial fee: nil. Current yield is not shown because it changes. Source: https://ke.cicinsurancegroup.com/business-solutions/investment-solutions/ (reviewed 2026-10-13; reconfirm before publication).
MoneyVersations provides educational information, not a guarantee of returns or a substitute for individualized financial advice. Investment values and returns may fluctuate; insurance cover is subject to policy terms, exclusions and conditions.