M
Money Market Funds
Madison Money Market Fund
Madison Investment Managers
A Kenyan-shilling money market fund presented by Madison for short-term savings goals and cash management.
Information last reviewed: 13 Oct 2026
Overview
Madison describes the fund as investing in high-quality, short-duration fixed-income securities and lists emergency savings, school fees, short-term goals and cash-flow management among possible uses.
How it works
Investors buy units in a pooled portfolio. Madison says interest is compounded monthly. Consult the current information memorandum for valuation, dealing and redemption details.
Fees and charges
Madison states there are no entry or exit fees. Confirm the current fee schedule, taxes and whether any other charges apply.
Risks and important considerations
A money market fund is an investment, not a bank deposit. Returns are variable and not guaranteed. Madison notes its displayed yields are net of management fees and gross of withholding tax; no yield is reproduced here.
Eligibility and how to apply
Madison lists a minimum initial investment of KES 5,000 and minimum top-up of KES 1,000. Confirm current account-opening conditions with Madison.
Frequently asked questions
Minimum initial investment: KES 5,000; minimum top-up: KES 1,000. Provider states no entry/exit fee, no tenor restrictions and T+1 working-day withdrawal processing. Current yield is not shown. Source: https://www.madison.co.ke/investmentmanagers/madison-money-market-fund/ (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.