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UNIT Trusts
Pied Piper
#1 Posted : Monday, August 24, 2009 4:13:00 PM
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
Douvante
#2 Posted : Wednesday, August 26, 2009 5:17:00 AM
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.
Ericks
#3 Posted : Wednesday, August 26, 2009 6:40:00 AM
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.
jaheim
#4 Posted : Wednesday, August 26, 2009 10:00:00 AM
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
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