Table of Contents
Etica money market fund minimum investment 1
What is the interest rate of the Etica money market fund?. 1
How long does withdrawing money from the Etica money market fund take?. 1
Etica money market fund calculator. 1
How to join Etica Money Market Fund. 1
: Why Etica Money Market Fund-Main Benefits. 1
Etica money market fund minimum investment
Kshs 100
What is the interest rate of the Etica money market fund?
17.8% p.a. as of March 2024.
How long does it take to withdraw money from the Etica money market fund?
Three business days
Etica money market fund calculator
The Etica money market fund calculator allows you to assess how much you will get from investing with them.
You enter the initial amount, the monthly top-up, interest rates, compounding frequency, and the duration of the investment.
How to join Etica Money Market Fund
How to open an account
- Through the Etica Mobile App (iOS and Android)
- Web Portal on the etica website
- Fill out a manual/physical application form
Why Etica Money Market Fund-Main Benefits
- Attractive returns while having high liquidity
- Flexibility as you can directly withdraw to Mpesa, bank, or pay bills directly
- A channel where clients can invest idle cash and easily access it when needed
- Investment safety as they are under the Capital Markets Authority
- Stability as the Fund invests in assets with low volatility. The principal is also protected
The minimal risk of the Etica Money Market Fund is one of its main advantages. Compared to longer-term investments, it is less susceptible to market and interest rate swings because it makes investments in short-term securities.
For investors who wish to protect their wealth while obtaining a moderate return, this makes it the perfect option.
The Etica Money Market Fund is a fantastic option for investors who are socially concerned because it is also made to adhere to the principles of sustainable and responsible investing.
In general, if you’re searching for a reliable, short-term investment that fits with your principles, the Etica Money Market Fund is a low-risk, socially conscious investing option that can be worthwhile to take into consideration.
But before making a choice, as with any investment, it’s crucial to conduct your research and give serious thought to your investment objectives and risk tolerance.
Asset Allocation
The fund prioritizes capital protection and employs a cautious investment approach. To reduce interest rate risk, it mostly invests in short-term assets having maturities of less than a year.
To reduce credit risk, the fund also makes investments in assets with a good credit rating.
The fund is a good choice for investors with a short investment horizon because its investing objective is to provide liquidity and principal stability.
The fund’s asset allocation is intended to produce a competitive return while offering a high degree of liquidity.
The fund makes investments in corporate bonds, government bonds, and commercial paper, among other securities.
To mitigate currency risk, the fund also makes investments in securities with different currency values. Risk Management
The Italian asset management firm Etica SGR, which focuses on socially conscious investing, is in charge of overseeing the Etica Money Market Fund.
To recognize and control risks related to the fund’s investments, Etica SGR has a strict risk management procedure in place.
Both the interest rate risk and the credit quality of the fund’s investments are continuously monitored as part of the risk management procedure for the fund.
To reduce concentration risk, the fund’s portfolio is likewise spread across a variety of industries and issuers.
In conclusion, investors looking for primary stability and liquidity may choose the Etica Money Market Fund as a cautious investing option.
The investment strategy of the fund is to minimize interest rate and credit risk in addition to producing a competitive return. The stringent risk management procedure at Etica SGR guarantees that the investments made by the fund are closely watched to reduce risk.
Fees and Expenses
When considering investing in the Etica Money Market Fund, it is important to understand the fees and expenses associated with the fund.
They charge 2% in management fees.
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