What Is the I&M Capital Wealth Fund and How Does It Grow My Money?

For many Kenyans, the challenge is not simply saving money, but deciding what to do with it once it has been set aside.

Money kept in a bank account can be useful for everyday expenses and emergencies, but savings that are not needed immediately can potentially be put to work. This is where money market funds can provide a middle ground between keeping cash accessible and investing for the longer term.

The I&M Capital Wealth Fund is an open-ended Kenyan Shilling money market fund managed by I&M Capital Limited, a fund manager licensed by the Capital Markets Authority (CMA). The fund pools investors' money and invests it in short-term fixed-income securities, aiming to generate income while maintaining relatively low risk and liquidity.

You Don't Need to Be Wealthy to Start

Investing is often associated with large amounts of money, but the Wealth Fund is designed to make investing more accessible.

With an initial investment of KES 5,000 and subsequent top-ups from KES 2,000, the I&M Capital Wealth Fund offers one way to put surplus Kenyan Shilling savings to work.

The minimum initial investment is KES 5,000, while subsequent top-ups can be as little as KES 2,000. Investors can contribute monthly or make lump-sum investments.