Hi All,
This is my take on Faida Investment Bank(FIB) and then Oak special fund.
I have been a client (non resident foreign) of FIB since 2004 (21 years ago.
I find their customer service extremely good and the performance of my assigned dealers has been very good.
Based on this precedence , I am about to sign in for Oak Special fund powered by FIB.
The initial start of Oak has been salutary and periodic updates to clients had been spot on.
In their 1st year their delivered about 28% in ksh terms above the projected 20%.
The strong point for Oak is exposure to investors funds overseas to other instruments like forex,gold,oil, US indices in addition to traditional local investment vehicle.
Again the way they charge the 6%
commission is rather POLE POLE not a big one off deduction from clients fund, so makes it interesting and almost negligible. This indeed is innovative and a win win for investors and Oak special fund.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .