The CIC Money Market is a low-risk fund that invest in a diversified portfolio of short-term interest-earning instruments.
We will walk with you on your journey of wealth creation, and help you reach your personal and financial goals.
Why Money Market
The principal investments are Call and Fixed deposits with financial institutions regulated by the Central Bank of Kenya, Treasury bills, Government securities, and credit rated or publicly approved Commercial papers with a maximum weighted average tenure of 13 months. It offers capital preservations and interest income credited monthly.
FOR INVESTORS WHO :
- Capital preservation.
- A high degree of stability.
- A short term parking bay for surplus fund particularly in times of market volatility.
Key Features
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1 year return: Jan 2023 – Dec 2023 – 9.97%
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3 years return: Jan 2020 – Dec 2023 – 9.19%
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5 years return: Jan 2018 – Dec 2023 – 9.22%
Disclaimer: Past performance is not an indicator of future performance as investment returns may rise or fall. In certain specified circumstances, the right to redeem units may be suspended. in giving this approval, the Authority does not take responsibility for the financial soundness of the scheme or for the correctness of any statements made or opinions expressed in this regard. CIC Asset Management Ltd is regulated by Capital Markets Authority.
BENEFITS
- Liquidity: The client is able to withdraw their funds at short notice.
- Flexibility: The client is able to switch or transfer funds to another fund that he/she may have with CICAM.
- Security: The fund invests in low risk and liquid instruments.
- Competitive Returns: Interest is calculated daily and credited at the end of each month. As an institutional investor, the fund benefits from placing deposits in large sums and as such is able to negotiate for competitive rates.
- Professional fund management: prospective investors benefit from the expertise of our seasoned professionals.
Trustee: KCB Bank Kenya Limited.
Custodian: The Co-operative Bank of Kenya Limited.
Auditors: PwC Kenya.
Why Equity Fund
The CIC Equity fund invests in a diversified shares portfolio. Principal investments are shares listed in the Nairobi Securities Exchange(NSE) with a minimum allocation of 60%. A portion of the portfolio is in cash and cash equivalents to meet the liquidity needs of the fund.
The fund is ideal for clients with long-term investment horizons with little regard to the inherent short-term price movements of shares. The funds offer semiannual dividend income and capital growth.
FOR INVESTORS WHO :
Key Features
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1 year return:Jan 2023 – Dec 2023 – (13.66%)
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3 years return: Jan 2020 – Dec 2023 – (3.84%)
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5 years return:Jan 2018 – Dec 2023 – (2.23%)
Disclaimer: Past performance is not an indicator of future performance as investment returns may rise or fall. In certain specified circumstances, the right to redeem units may be suspended. in giving this approval, the Authority does not take responsibility for the financial soundness of the scheme or for the correctness of any statements made or opinions expressed in this regard. CIC Asset Management Ltd is regulated by Capital Markets Authority.
BENEFITS
- Liquidity: The client is able to withdraw their funds at short notice with no penalty fees.
- Flexibility: The client is able to switch or transfer funds to another fund that he/she may have with CICAM.
- Security: The fund invests in a diversified portfolio of Shares.
- Competitive Returns: Historical performance that is above set benchmarks and low transactional costs.
- Professional fund management: Prospective investors benefit from the expertise of our seasoned Investment managers.
Trustee: KCB Bank Kenya Limited.
Custodian: The Co-operative Bank of Kenya Limited.
Auditors: PwC Kenya
Why Fixed Income Fund
The CIC Fixed Principal investments are; bonds issued by the Kenyan government and investment-grade corporate bonds with more than 60% allocation. Income is a medium to low-risk fund that invests in a diversified bonds portfolio.
A portion of the portfolio is invested in cash and cash equivalents to meet the liquidity needs of the fund. The fund offers semiannual dividends and conservative capital movements.
FOR INVESTORS WHO :
- To invest over the medium to long-term.
- Fixed streams of income.
- Seek a reasonable return from a well-diversified portfolio of bonds.
Key Features
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- 1 year return: Jan 2023 – Dec 2023 – 7.95%
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3 years return: Jan 2020 – Dec 2023 – 9.50%
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5 years return: Jan 2018 – Dec 2023 – 10.77%.
Disclaimer: Past performance is not an indicator of future performance as investment returns may rise or fall. In certain specified circumstances, the right to redeem units may be suspended. in giving this approval, the Authority does not take responsibility for the financial soundness of the scheme or for the correctness of any statements made or opinions expressed in this regard. CIC Asset Management Ltd is regulated by Capital Markets Authority.
BENEFITS
- Liquidity: the client is able to withdraw their funds at short notice.
- Flexibility: the client is able to switch or transfer funds to another fund that he/she may have with CICAM.
- Security: the fund invests in government and investment grade corporate bonds.
- Competitive Returns: historical performance that is above set benchmarks and low transactional costs.
- Professional fund management: prospective investors benefit from the expertise of our seasoned Investment Managers.
Trustee: KCB Bank Kenya Limited.
Custodian: The Co-operative Bank of Kenya Limited.
Auditors: PwC Kenya.
Why Balanced Fund
The objective of this fund is to provide medium return to the investor with a medium or an average outlook to risk.
It is ideal for investors looking for a mixture of safety, income and capital appreciation while proving the investors with a fund that combines growth and income objectives by investing in the stocks of listed companies for growth and in interest bearing instruments for income. Such a diversification mitigates the effects of market down turns in the stock market without major value fluctuations.
FOR INVESTORS WHO :
- Seeking to invest in a balanced portfolio offering exposure to all sectors of the market (including offshore), but with a lower risk profile than pure equity funds.
- Willing to accept some medium risk exposure
- Want to beat inflation
- Typically ready to invest over the medium to long-term.
- Hold large cash balances but need extra returns at moderate risk.
- Seek to benefit from a well-diversified portfolio of market instruments.
Key Features
- 1 year return: Jan 2023 – Dec 2023 – 0.00%
- 3 years return: Jan 2020 – Dec 2023 – 3.80%
- 5 years return: Jan 2018 – Dec 2023 – 4.88%.
Disclaimer: Past performance is not an indicator of future performance as investment returns may rise or fall. In certain specified circumstances, the right to redeem units may be suspended. in giving this approval, the Authority does not take responsibility for the financial soundness of the scheme or for the correctness of any statements made or opinions expressed in this regard. CIC Asset Management Ltd is regulated by Capital Markets Authority.
BENEFITS
Returns consist of dividends, capital gains, interest portion and miscellaneous income from offshore investments. Distributions are done quarterly. We recommend reinvestment of the distributions into the funds in order to benefit from compounded growth.
- Liquidity: The client is able to withdraw their funds at short notice with no penalty fees.
- Flexibility: The client is able to switch or transfer funds to another fund that he/she may have with CICAM.
- Security: The fund invests in a diversified short term interest earning instruments.
- Competitive Returns: Enhances level of return within a robust risk management framework.
- Professional fund management: prospective investors benefit from the expertise of our seasoned investment managers.
Trustee: KCB Bank Kenya Limited.
Custodian: The Co-operative Bank of Kenya Limited.
Auditors: PwC Kenya.
Why Umbrella Fund
The objective of this fund is to provide medium return to the investor with a medium or an average outlook to risk.
It is ideal for investors looking for a mixture of safety, income and capital appreciation while proving the investors with a fund that combines growth and income objectives by investing in the stocks of listed companies for growth and in interest bearing instruments for income. Such a diversification mitigates the effects of market down turns in the stock market without major value fluctuations.
FOR INVESTORS WHO :
- Seeking to invest in a balanced portfolio offering exposure to all sectors of the market (including offshore), but with a lower risk profile than pure equity funds.
- Willing to accept some medium risk exposure
- Want to beat inflation
- Typically ready to invest over the medium to long-term.
- Hold large cash balances but need extra returns at moderate risk.
- Seek to benefit from a well-diversified portfolio of market instruments.
Key Features
Fund Manager: CIC Asset Management Ltd
Launch Date: May – 18
Risk Profile: Moderate
Minimum Investment: Ksh 5,000.00
Minimum Additional Investment: Ksh 1,000.00
Initial Fee: 2.25%
Annual Management Fee: 2.00%
Distribution: Quarterly
Launch Date: May – 18
Risk Profile: Moderate
Minimum Investment: Ksh 5,000.00
Minimum Additional Investment: Ksh 1,000.00
Initial Fee: 2.25%
Annual Management Fee: 2.00%
Distribution: Quarterly
BENEFITS
Returns consist of dividends, capital gains, interest portion and miscellaneous income from offshore investments. Distributions are done quarterly. We recommend reinvestment of the distributions into the funds in order to benefit from compounded growth.
- Liquidity: The client is able to withdraw their funds at short notice with no penalty fees.
- Flexibility: The client is able to switch or transfer funds to another fund that he/she may have with CICAM.
- Security: The fund invests in a diversified short term interest earning instruments.
- Competitive Returns: Enhances level of return within a robust risk management framework.
- Professional fund management: prospective investors benefit from the expertise of our seasoned investment managers.
Trustee: KCB Bank Kenya Limited.
Custodian: The Co-operative Bank of Kenya Limited.
Auditors: PwC Kenya.
Why Dollar Fund
CIC Dollar Fund is suitable for clients who prefer US dollars denominated investments with a short to medium-term horizon. The fund generates return through investing in a diversified portfolio of high-quality money market and fixed income instruments with a maturity profile that ensures adequate liquidity is available to meet the withdrawals.
Principal investments are Treasury bills, Treasury bonds, Secure commercial papers, High-quality Corporate bonds, and High-quality Fixed and Call deposits denominated in US dollars both in the Kenyan markets and Offshore. It offers capital preservations and returns is in form of monthly interest.
FOR INVESTORS WHO :
- To invest over the short to medium term in US dollars.
- Capital preservation.
- Competitive return above the set benchmark.
Key Features
- 1 year return: Jan 2023 – Dec 2023 – 9.08%
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3 years return: Jan 2020 – Dec 2023 – 5.39%.
Disclaimer: Past performance is not an indicator of future performance as investment returns may rise or fall. In certain specified circumstances, the right to redeem units may be suspended. in giving this approval, the Authority does not take responsibility for the financial soundness of the scheme or for the correctness of any statements made or opinions expressed in this regard. CIC Asset Management Ltd is regulated by Capital Markets Authority.
BENEFITS
Liquidity: The client is able to withdraw their funds at short notice with no penalty fees.
Flexibility: The client is able to switch or transfer funds to another fund that he/she may have with CICAM.
Security: The fund invests in government paper and liquid instruments.
Competitive Returns: Interest is calculated daily and credited at the end of each month. As an institutional client, the fund benefits from placing deposits in large sums and as such is able to negotiate for competitive rates.
Professional fund management: prospective investors benefit from the expertise of our seasoned professionals.
Trustee: KCB Bank Kenya Limited.
Custodian: The Co-operative Bank of Kenya Limited.
Auditors: PwC Kenya
Why Wealth Fund
CIC Wealth Fund is a low to moderate risk fund which invests in diversified high-yielding interest-bearing instruments. This fund is more aggressive than the money market fund. The objective is to attain an enhanced level of return.
The Fund manager uses a robust risk management framework to preserve invested capital. The investor can choose fixed placement tenure, which ranges from 3, 6, and 12 months.
FOE INVESTORS WHO :
- Capital preservation.
- Enhanced level of return with slightly elevated risk profile compared to Money market.
- Ideal for short term cash management.
Key Features
- 1 year return:Jan 2023 – Dec 2023 – 13.17%
-
3 years return: Jan 2020 – Dec 2023 – 10.66%
-
5 years return: Jan 2018 – Dec 2023 – 10.19%.
Disclaimer: Past performance is not an indicator of future performance as investment returns may rise or fall. In certain specified circumstances, the right to redeem units may be suspended. in giving this approval, the Authority does not take responsibility for the financial soundness of the scheme or for the correctness of any statements made or opinions expressed in this regard. CIC Asset Management Ltd is regulated by Capital Markets Authority.
BENEFITS
- Liquidity: The client is able to withdraw their funds at short notice with no penalty fees.
- Flexibility: The client is able to switch or transfer funds to another fund that he/she may have with CICAM.
- Security: The fund invests in a diversified short term interest earning instruments.
- Competitive Returns: Enhances level of return within a robust risk management framework.
- Professional fund management: prospective investors benefit from the expertise of our seasoned investment managers.
Trustee: KCB Bank Kenya Limited.
Custodian: The Co-operative Bank of Kenya Limited.
Auditors: PwC Kenya
Frequently Asked Question on CIC Investment Solutions
What is the minimum investment for the Equity Fund?
The minimum investment amount is kshs.5, 000 and minimum top ups of kshs.1, 000. It is always recommended that you invest in lump sum amounts to benefit from the funds.
What is CIC Balanced Fund?
The objective of this fund is to provide medium return to the investor with a medium or an average outlook to risk. It is ideal for investors looking for a mixture of safety, income and capital appreciation while proving the investors with a fund that combines growth and income objectives by investing in the stocks of listed companies for growth and in interest bearing instruments for income. Such a diversification mitigates the effects of market down turns in the stock market without major value fluctuations.
This fund is ideal for organizations and individuals who are;
- Seeking to invest in a balanced portfolio offering exposure to all sectors of the market (including offshore), but with a lower risk profile than pure equity funds.
- Willing to accept some medium risk exposure
- Want to beat inflation
How do I know my money is invested?
You will receive an alert immediately the fund is created both on your mobile phone and email that will provide you with your account number and amount of money invested.
