CIC Money Market Fund

CIC Asset Management Ltd

Money Market FundsKESReviewed Oct 2026

A Kenyan-shilling money market fund for investors seeking a professionally managed, liquid short-term investment.

Minimum to startKES 5,000
Top up fromKES 1,000
Access to moneyCIC describes withdrawals as available at short notice
RiskLow risk (as described by the provider)
CMA-approved fund. CIC Money Market Fund is on the Capital Markets Authority's list of approved funds, part of CIC Unit Trust Scheme, managed by CIC Asset Managers Limited. Check details
This week's rate · 6 Nov8.41% ● 0.007.15% after tax · ranked #25 of 37 · see history →

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).

💰 What your money earns

At 8.41% 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.

Each day
Each month
In a year

Yield, week by week

  1. 2 Nov
  2. 6 Nov

Average over these 2 weeks: 8.41% a year (from 8.41% to 8.41%).

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.

Want help with this product?

Prefer to go direct? CIC Asset Management Ltd's website ↗

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⚖️ Compare with other money market funds

ProductThis oneCIC Money Market FundCIC Asset Management LtdBritam Money Market FundBritam Asset Managers (Kenya) LimitedCytonn Money Market Fund (KES)Cytonn Asset Managers LimitedEtica Money Market Fund (KES)Etica Capital LtdKuza Money Market Fund (KES)Kuza Asset Management Limited
This week's rate8.41%9.51%11.11%10.04%10.18%
Minimum to startKES 5,000KES 1,000KES 30,000KES 100KES 1,000
Access to moneyCIC describes withdrawals as available at short notice. Confirm current cut-off times and…No lock-in. Invest and withdraw any time through the Britam app, customer portal or USSD…The current Cytonn Asset Managers page states withdrawals are paid within two working day…The provider states there is no lock-in period. Confirm the current redemption processing…Kuza’s published FAQ states a two-week lock-in period before withdrawals are allowed. Pla…
RiskLow risk (as described by the provider)Low riskLow risk (as described by provider; review current official risk disc…Money market fund; review the latest risk disclosuresLow (as described by provider)

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: 13 Oct 2026

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.