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.

For me it's a risk appetite thing, the more you risk sometimes the worst you fail or the better you gain. I've done both Zimele and GenCap on Money Markets but as much as you can't lose your capital in the funds, the returns are meagre in respect of the investment amounts.

Zimele are more honest,they invest your money almost instantly but provide a lower interest. Gencap take a few days before investing your funds which can even be 3-days after they receive your funds but offer the best market rates.

@icecube
Please see as below,

Genghis Capital Limited
NAIROBI
Tel: +254202774760 +254202774761
E-Mail: info@gencapunittrust.com
Fax: +254202246334
4TH FLOOR, PWC TOWERS, WESTLANDS
Website: www.gencapunittrust.com

They also have a town branch which is a collection point, Prudential Assurance Building 6th floor, Wabera Street.

&

Amana Capital Limited,

Saachi Plaza Block C, Suite C5, 2nd Floor, Argwings Kodhek Road, Kilimani

Nairobi 00100 Kenya

[t] +254 20 235 1738/41/42 [m] +254 721 700 076

[@] www.amanacapital.co.ke

I went to Gencap on Prudential Assurance Building 6th floor, Wabera Street and I was told they invest any amount from as little as 500 bob to any maximu. Their money market fund is from 3 months and their average interest has been in the region of 11%. Do all money market funds invest for 3 months or there are others who can invest for 1 month?

Is the 11 pc before WTH,its likely before which means net return is 9.35 pc?Also can you request for the interest before the 3 months?

For MMF investments,interest is accrued daily(weekends and public holidays inclusive).For the yields given in the newspapers,some quote net yields i,e after WHT e,g CIC(where I have invested) whereas some quote before WHT...