For investors looking for high current income in KES, Dry Associates offers the Dry Associates Money Market Fund (KES).
The Dry Associates Money Market Fund (KES) aims to provide safety and income over the short to medium term by investing in a diversified portfolio of fixed income securities with the maturities being typically less than 18 months. The fund composition includes bank deposits, Kenyan treasury bills and (short-dated) treasury bonds, commercial paper and other near cash equivalents with defined maximal asset allocations.
Further, the fund is structured for investment of money for an indefinite time; with interest income being paid out monthly, quarterly, semi-annually or annually as selected by the investor. Investors will find that the return of the Dry Associates Money Market Fund (KES) is certainly competitive in the market place. You can rely on our experienced Investment Committee to ensure an optimal asset mix to maximize this fund’s yield. The fund is valued on a daily basis and the yield is available in the Daily Nation and Business Daily.
Please find attached here our Dry Associates Money Market Fund (KES) Fact Sheet
We look forward to hearing from you and discussing the suitability of the Dry Associates Money Market Fund (KES) with your specific circumstances. Please do not hesitate to contact our team at Dry Associates for further information.
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