NABO Africa Money Market Fund (MMF)

The NABO Africa Money Market Fund (MMF) is a collective investment scheme regulated by the Capital Markets Authority (CMA). It is designed to provide investors with a low-risk and liquid financial solution. Like other MMFs,it aims to maximise current income while preserving capital by investing primarily in a diversified portfolio of short-term debt securities and instruments.

The NABO Shilling MMF caters to investors seeking higher returns than traditional bank deposits while maintaining easy access to their cash.

The primary goal of the NABO MMF is to deliver optimal short-term returns by investing in a blend of:

• Government Securities: Low-risk sovereign debt instruments
• Corporate Short-Term Debt: High-quality commercial paper from reputable companies
• Certificates of Deposit and Fixed Deposits: Financial instruments with secure and predictable yields

Read Also: All you need to know about Etica Money Market Fund

NABO MMF Key Features 

• Minimum Investment Period: No lock-in period but fund manager recommends a minimum of 3 months for optimal return
• Liquidity: Funds take up to 3 working days to access
• Capital Preservation: Investments are structured to prioritize protecting investor capital
• Risk Profile: Low risk with the security of CMA oversight
• Investment Instruments: Diversified mix of low-risk short-term debt securities
• Minimum investment: The minimum investment is Ksh100,000.
• Minimum top up: Minimum top up is Ksh10,000.

Why Choose NABO MMF?

1. Higher Returns Compared to Bank Deposits:
The fund offers competitive returns, making it a better option than traditional savings accounts for investors seeking growth without compromising safety. Last year they had a net return of 15% and currently they are at 11.8%.

Read Also: All You Need to Know About Safaricom’s MMF: Ziidi

‍2. Liquidity and Flexibility:
Investors have the flexibility to withdraw their funds with a 24-48-hour processing period, ensuring cash is readily available when needed.

‍3. Focus on Capital Preservation:
NABO MMF prioritizes protecting your principal investment while aiming to grow it over time.

‍4. Professional Fund Management:
Managed by NABO Capital’s experienced investment professionals who make decisions based on market trends and risk analysis.

‍5. Regulated and Transparent:
The fund is required to operate under regulatory guidelines set by CMA to ensure investor safety and operational transparency.

‍Who is NABO MMF Best Suited For?This fund is ideal for:

• Investors Seeking Stability: Those looking for low-risk investment options.
• Short-Term Investors: Individuals who need flexible access to their funds.
• Corporate Clients: Companies looking to grow surplus funds while maintaining access to liquidity.

To get started go to the NABO website and click Invest Now, you'll be self onboarded.