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NCBA Money Market Fund (KES)

NCBA Investment Bank

Money Market FundsKESReviewed Oct 2026

A Kenyan-shilling collective investment scheme investing in a diversified portfolio of interest-earning assets and money market instruments.

Minimum to startKES 1,000
Top up fromKES 1,000
Access to moneyNCBA’s February 2026 Key Investor Information Document says investors…
RiskModerately conservative (provider classification
CMA-approved fund. NCBA Money Market Fund (KES) is on the Capital Markets Authority's list of approved funds, part of NCBA Unit Trust Funds, managed by NCBA Investment Bank Limited. Check details
This week's rate · 6 Nov8.17% ▼ 0.156.94% after tax · ranked #30 of 37 · see history →

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).

💰 What your money earns

At 8.17% 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: 8.25% a year (from 8.17% to 8.32%).

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? NCBA Investment Bank's website ↗

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⚖️ Compare with other money market funds

ProductThis oneNCBA Money Market Fund (KES)NCBA Investment BankBritam Money Market FundBritam Asset Managers (Kenya) LimitedCIC Money Market FundCIC Asset Management LtdCytonn Money Market Fund (KES)Cytonn Asset Managers LimitedEtica Money Market Fund (KES)Etica Capital Ltd
This week's rate8.17%9.51%8.41%11.11%10.04%
Minimum to startKES 1,000KES 1,000KES 5,000KES 30,000KES 100
Access to moneyNCBA’s February 2026 Key Investor Information Document says investors can redeem on a T+1…No lock-in. Invest and withdraw any time through the Britam app, customer portal or USSD…CIC describes withdrawals as available at short notice. Confirm current cut-off times and…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…
RiskModerately conservative (provider classification; matching disabled p…Low riskLow risk (as described by the provider)Low risk (as described by provider; review current official risk disc…Money market fund; review the latest risk disclosures

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

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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.