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Money Market Funds
NCBA Money Market Fund (KES)
NCBA Investment Bank
A Kenyan-shilling collective investment scheme investing in a diversified portfolio of interest-earning assets and money market instruments.
Information last reviewed: 13 Oct 2026
Overview
NCBA describes a diversified portfolio of interest-earning assets including bank deposits, Treasury bills and bonds, commercial paper and corporate bonds. Its document states that the average weighted life of fund assets is less than 18 months.
How it works
Investors buy units in a pooled portfolio. NCBA says returns are calculated daily and units are priced daily. Consult the latest key investor information document for the full valuation and dealing process.
Fees and charges
The February 2026 key investor document lists fund management fees of 1.0% per annum, custodial fees of 0.135%, trustee fees of 0.10%, and 0% initial and redemption fees. Check the latest document for taxes and other expenses.
Risks and important considerations
NCBA’s February 2026 document classifies the fund as moderately conservative and identifies counterparty, concentration, liquidity, default, market/price and yield-volatility risks. Returns are variable and not guaranteed; this is not a bank deposit.
Eligibility and how to apply
The February 2026 key investor document states a minimum investment and top-up of KES 1,000. Confirm current onboarding and eligibility requirements with NCBA.
Frequently asked questions
Minimum investment/top-up: KES 1,000. NCBA’s February 2026 key investor document lists T+1 redemption, 1.0% p.a. management fee, 0.135% custodial fee, 0.10% trustee fee, and 0% initial/redemption fees. Risk classification shown as “moderately conservative”; no current yield is reproduced. Source: https://investment-bank.ncbagroup.com/wp-content/uploads/2026/02/NCBA-KES-MONEY-MARKET-FUND.pdf (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.