unseasoned will lose their money in stocks while seasoned get the modest 10% assuming a correction or crash.

co-incidentaly we are in a correction now. read @ecstasy post again and then read @mukiha n @mkonotupu's again. whose capital would have suffered less losses?

like I said at any one time at least 25% in bonds.
right now there are very few good undervalued stocks. most 'undervalued' have dark clouds over them.

The best money market fund in Kenya over the last 3 years based on published numbers by all Fund Managers has been the Amana Shilling Fund.

The issue of whether one should invest in stocks or bonds or money market depends on that person's risk profile, investment goals and investment horizon. There is no "one-size" fits all in portfolio construction.

All of us need some stocks in our portfolio, some fixed income and some money market - the question of proportions depends on risk profile, goals and time horizon.

C&P
Amana Shilling Fund

Investment Objective:

To preserve capital and provide investors with predictable investment income.

Investment strategy:

To ensure capital preservation, 100% of the Fund is invested in Treasury Bills & Bonds, Selected Corporate Bonds and Commercial Paper and High Yielding Bank Deposits.

Does anyone here know whether the GenCap yields given in the newspapers are net of tax?Also whether the guys charge a joining/admin fee?

@Runner,
Thanks for finding out.