The gap between Money market funds and Special funds continues to narrow down.
MMFs now only make up about 48% of the total Assets Under Management held by Collective investment schemes in Kenya. Down from 75% three years ago and 95% five years ago.
Special funds continue to rise and have now surpassed fixed income funds to be the second popular collective investment scheme after money market funds at 27% of total AUM.
At the current rate, special funds may be the most popular fund by late 2028
What is driving people away to special funds?
The answer is simple: high returns.
On the special funds front, Mansa X leads with a 74% total allocation of AUM and is now the largest collective investment scheme having dethrone Sanlam Allianz and CIC Asset Management
• Legs are power
• Back is strength
• Chest is confidence
• Shoulder are dominance
• Abs are discipline
• Arms are pride
• Lungs are life
Your physique is a reflection of how you live