CIC MONEY MARKET FUND Money Market Fund is one of the - TopicsExpress

CIC MONEY MARKET FUND Money Market Fund is one of the investment options under the CIC Unit Trust Scheme. The Primary objective of the fund is to obtain a reasonable level of return while preserving principal capital. Money Market fund invests in Treasury bills and Bank deposits. The investment gives you the following benefits: • Competitive rate of returns in excess of traditional banking products. • Monthly compounded interest. • No transaction charges. • Access to your funds plus all interest within 2-4 working days after your withdrawal request. • No penalties on withdrawal. • Flexibility: you can top up and withdraw your money any time. • Minimum amount of Kshs.5, 000. • Minimum top up of Kshs.1, 000. • No joining fee. • Monthly statements free. Kindly note that the current rate of 10.51% p.a . No need for opening a bank account: The funds are invested into our custody account held with The Co-operative Bank of Kenya. Get in touch to get started. Fantastic weekend Friends.

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