Wazua
»
Investor
»
Stocks
»
UNIT Trusts
Rank: Member Joined: 3/21/2009 Posts: 1
|
I am trying to get into buying of Unit trusts through an asset investment company. I have checked out British American and Old mutual and they are kinda expensive to start over Kshs 250 K. I also looked at Zimele Inv which only requires a minimum of Kshs 5K but i dont know how good they are. Can somebody reccommend me to good company that they have a good xperience so far. Am interested in money market and balance fund Unit trust
|
|
|
Rank: Member Joined: 5/14/2008 Posts: 55
|
Zimele money market fund is okay. their annual rate is 8.5%
Everything happens for a reason.
|
|
|
Rank: Member Joined: 7/29/2008 Posts: 170
|
The best performing money market fund in the country currently would probably be ICEA money market fund,i hear they have a financial geek who does wonders with that their growth fund (equivalent to balanced fund) portfolios. their MMF mostly do 9% and above...
their minimum is 100k
Its just me whatever choice you make in life make sure that you can live with it.
|
|
|
Rank: Member Joined: 10/11/2008 Posts: 134
|
With unit trusts whether 9% or 8.5% growth,does kenya charge with holding tax on what you've gain on the investment? cause i understand there's no capital gains tax
Jay
|
|
|
Wazua
»
Investor
»
Stocks
»
UNIT Trusts
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.