Wazua
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The OAK Special Fund by Faida Investments
Rank: Elder Joined: 7/22/2009 Posts: 7,570
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Hi Wazuans. Anyone who has invested in the OAK Special Fund to give us first hand testimonials. I know it was just started last year but if you have been in it for that one year you can give us a lot of insights. Also anyone who has invested in any other vehicles through Faida Investments kindly give us an analysis of them as a company etc. I have been watching Rina Hicks videos and she seems like a very solid person but looks can be deceiving. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 4/15/2008 Posts: 217
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Watch out for the interest distribution over the months, it's not a steady curve. Do it today! Tomorrow is promise to no-one.
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Rank: Elder Joined: 7/22/2009 Posts: 7,570
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mufasa wrote:Watch out for the interest distribution over the months, it's not a steady curve.
More info. Please... Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 4/15/2008 Posts: 217
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Monthly returns for the Oak Special Fund in 2024. Q1 - 15.4% Q2 - 6.7% Q3 - 3.1% Q4 - 4.6% Those who missed Q1, were not so happy Do it today! Tomorrow is promise to no-one.
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Rank: Elder Joined: 7/22/2009 Posts: 7,570
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mufasa wrote:Monthly returns for the Oak Special Fund in 2024.
Q1 - 15.4%
Q2 - 6.7%
Q3 - 3.1%
Q4 - 4.6%
Those who missed Q1, were not so happy And I am guessing this is not annualized (it is the actual gains in your investment) bring the actual annual returns for the entire year to 29.9%. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 7/22/2009 Posts: 7,570
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If the calculate the gains quarterly, do they compound them? For example if I had invested x iat the beginning of the first quarter, is my gain for second quarter a) (x + 15.4% × x) × 6.7% Or b) x × 6.7% (bringing my total gains for the two quarters to x × 15% + x × 6.7% meaning my interest did not earn an interest) Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 6/20/2007 Posts: 2,049 Location: Lagos, Nigeria
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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. .
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Rank: Elder Joined: 7/22/2009 Posts: 7,570
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young wrote: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.
Thanks for your insights @Young. One question though, was the 28% net earnings (After the 6% commission)? Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 7/22/2009 Posts: 7,570
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Which other countries do you invest in @Young. I might need to talk to you behind the tent. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 5/31/2011 Posts: 253
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young wrote: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.
I've also been with Faida since 2005 and as Young says their customer Service is good. I joined Oak late last year and so far so good. They are really giving Mansa a run for their money. The only diffence is their exposure to Sovereign bonds is a bit higher than MansaX You lose money chasing women, but you never lose women chasing money - NAS
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Rank: Member Joined: 9/26/2006 Posts: 441 Location: CENTRAL PROVINCE
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Kenyan Oracle wrote:young wrote: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.
I've also been with Faida since 2005 and as Young says their customer Service is good. I joined Oak late last year and so far so good. They are really giving Mansa a run for their money. The only diffence is their exposure to Sovereign bonds is a bit higher than MansaX Best approach would be to spread your investment in a 33% Oak to 67% Mansa X if interested in a special fund. Mansa X is 6 yrs old versus Oak 1.5yrs. Mansa X Ksh Fund has AUM at 65bn versus Oak 6bn. As at 2025 H1, Oak was doing about 9.5% versus Mansa X 10.9% nett (after management fees has been deducted at 5% and 6% respectively). Mansa X compounding is quarterly while Oak is monthly. Lock in period for both is 6 months and minimum entry for Mansa X is 250K versus 500K for Oak, with minimum top ups of 100k versus 50k respectively. They both look like decent investments for passive income. Investing 5M in each would roughly generate 80K per month from Oak and 250-260K on average per quarter from Mansa X. Happy Hunting
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Rank: Elder Joined: 6/20/2007 Posts: 2,049 Location: Lagos, Nigeria
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stocksmaster wrote:Kenyan Oracle wrote:young wrote: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.
I've also been with Faida since 2005 and as Young says their customer Service is good. I joined Oak late last year and so far so good. They are really giving Mansa a run for their money. The only diffence is their exposure to Sovereign bonds is a bit higher than MansaX Best approach would be to spread your investment in a 33% Oak to 67% Mansa X if interested in a special fund. Mansa X is 6 yrs old versus Oak 1.5yrs. Mansa X Ksh Fund has AUM at 65bn versus Oak 6bn. As at 2025 H1, Oak was doing about 9.5% versus Mansa X 10.9% nett (after management fees has been deducted at 5% and 6% respectively). Mansa X compounding is quarterly while Oak is monthly. Lock in period for both is 6 months and minimum entry for Mansa X is 250K versus 500K for Oak, with minimum top ups of 100k versus 50k respectively. They both look like decent investments for passive income. Investing 5M in each would roughly generate 80K per month from Oak and 250-260K on average per quarter from Mansa X. Happy Hunting There is no point "spreading your investment" on the same asset class....special funds. It is wise to evaluate and choose the most suitable to your needs after due diligence. You will be better off in rather diversifying into other asset classes like stocks, fixed income innstruments, real estate etc . In my own case , my exposure to Oak special fund is 18% of my stocks portfolio. What I did to fund my Oak special account was to transfer funds internally from my Faida brokerage account to oak special fund account because as a retiree of 8 years now (since 2017) , I had no external money to fund my Oak special fund account. 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. .
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Rank: Elder Joined: 7/22/2009 Posts: 7,570
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young wrote:stocksmaster wrote:Kenyan Oracle wrote:young wrote: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.
I've also been with Faida since 2005 and as Young says their customer Service is good. I joined Oak late last year and so far so good. They are really giving Mansa a run for their money. The only diffence is their exposure to Sovereign bonds is a bit higher than MansaX Best approach would be to spread your investment in a 33% Oak to 67% Mansa X if interested in a special fund. Mansa X is 6 yrs old versus Oak 1.5yrs. Mansa X Ksh Fund has AUM at 65bn versus Oak 6bn. As at 2025 H1, Oak was doing about 9.5% versus Mansa X 10.9% nett (after management fees has been deducted at 5% and 6% respectively). Mansa X compounding is quarterly while Oak is monthly. Lock in period for both is 6 months and minimum entry for Mansa X is 250K versus 500K for Oak, with minimum top ups of 100k versus 50k respectively. They both look like decent investments for passive income. Investing 5M in each would roughly generate 80K per month from Oak and 250-260K on average per quarter from Mansa X. Happy Hunting There is no point "spreading your investment" on the same asset class....special funds. It is wise to evaluate and choose the most suitable to your needs after due diligence. You will be better off in rather diversifying into other asset classes like stocks, fixed income innstruments, real estate etc . In my own case , my exposure to Oak special fund is 18% of my stocks portfolio. What I did to fund my Oak special account was to transfer funds internally from my Faida brokerage account to oak special fund account because as a retiree of 8 years now (since 2017) , I had no external money to fund my Oak special fund account. @Young you mean you are not young?  On a light note. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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The OAK Special Fund by Faida Investments
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