Unit Trusts

Download our unit trust financials for the year 2013 by clicking the link below

Annual Reports and Financials 2013 (Adobe PDF)

We offer solutions for our customers who are seeking investment options beyond the normal placement of deposits at a bank. If you are considering investing in this way our Money Market Fund and or Equity Fund investment options can be tailored to meet your needs. 

A Unit Trust is an excellent way to accumulate wealth. It is a pool of savings by members. Fund Managers invest the pooled funds in selected securities. Each person receives units depending on the size and value of his/her investment. 

Benefits:

  • Pooled resources and diversified portfolio.
  • Professional managed by a registered fund manager.
  • Secure: They are controlled by the Collective Investment Schemes Regulations and the Capital Markets Act
  • Convenient: They are easy to buy and sell at any time, with option to switch from an Equity Fund to a Money Market Fund or vice versa.
  • Flexible: There is no fixed investment period.

Money Market Fund 
Our Money Market Fund invests in high quality interest bearing investments, fixed deposits, and near cash holdings in the Kenyan market. This fund is recommended for the low-risk investor who prefers stability and security, and is especially ideal during times of stock market turbulence.

Features:

  • Interest is calculated on a daily basis, and credited to the client's account monthly.
  • Option of reinvested into the fund to maximise investments returns through compounded growth.
  • No joining fee.
  • Service fee of 2% p. a.
  • The minimum investment for each of our unit Trusts Funds is KShs 100,000.
  • The minimum additional investment amount is KShs 20,000.
CBA Money Market Fund
  Daily Yield Effective Annual Rate.
7th Aug 2014 6.22% 6.42%
6th Aug 2014 6.23% 6.43%

 

 

Equity Fund
Our Equity Fund is one of the easiest ways of having a professionally-managed stock portfolio. It invests in carefully selected shares and stocks listed on the Nairobi Stock Exchange. This fund is suitable for investors who are seeking long-term growth through dividends and capital gains from the investments.

Features:

  • Returns consisting of dividend and capital appreciation.
  • Option of reinvested into the fund to maximise investments returns through compounded growth.
  • Returns are distributed twice a year in June and December.
  • Joining Fee of 5% of the investment amount.
  • Service fee of 2% p. a.
  • The minimum investment for each of our unit Trusts Funds is KShs 100,000.
  • The minimum additional investment amount is KShs 20,000.

Application Requirements:

  • Duly completed risk assessment form and application form.
  • Photocopy of Kenyan ID/Valid Passport for all the signatories.
  • Cheque or Bank transfer confirmation of the investment amount.
  • Certified copy of a recent bank statement, photocopy of ATM Card or cancelled cheque as proof of bank details

Additional requirements for Corporates, Associations or Societies

  • Board/Trustee Resolution mandating the investment noting the authorized signatories
  • Certified copy of registration/incorporation certificate

Important Information

  • Yields are quoted NET of all taxes and fees.
  • Past performance is not necessarily a guide to future investment performance.
  • The prices of the CBA Equity Fund and yields on the CBA Money Market Fund may change on a daily basis. Price of units may go up as well as down as a result of changes in the value of the underlying investments.
  • In certain specified circumstances, the right to redeem shares may be suspended
  • There are no guarantees on the client`s capital invested. The performance of the underlying investment vehicles determines the value of your Unit Trust investments.
CBA Equity Fund
  Buy Price Sell Price
7th Aug 2014 160.86 170.77
6th Aug 2014 162.06 172.04

 
Click here to view the Annual Report and Financial Statements for the year ended 31 December 2012

To find out more about our Unit Trust Funds, please contact us on contact@cbagroup.com  or +254 20 2884498