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Britam Asset Managers

Britam Money Market Fund

Money market fund · Regulated by the CMA

It has paid
10.78% a year
their figure, after charges

Your money is lent out short term, mostly to banks and to the government. You can add to it or take it out when you want. It grows slowly and steadily.

Hear when this changes

What to watch out for

  • The rate shown covers January to August 2024. Britam has not put a newer one on this page.
  • Interest from a money market fund is taxed at 15%. Britam says its rate is quoted before that tax.
  • Britam says the rate is after its own charges. It does not say how large those charges are.
  • The fund is run by Britam Asset Managers, which is supervised by the Capital Markets Authority. The insurance company of the same name is supervised by the IRA.

The details that matter for this kind of plan

Fund size
KES 13.8 billion

How to open this

  • Open with KES 1,000

What if you stop paying?

Nothing happens. There is no set payment to keep up. Your money stays in the fund and keeps earning.

What if you need the money early?

There is no fixed term, so there is no early. The page does not say how long a withdrawal takes to reach you.

Who this suits

It could work for you if

You want your money safe and easy to reach, and you want to be told what the rate means.

Think twice if

You need a current rate. The one on this page is from 2024.

What they tell you

  • What is the smallest amount you can start with?
    KES 1,000.
  • Is the advertised return before or after their charges?
    After charges. The number you see is the number you get.
  • Do they say who regulates them?
    Yes — the CMA. That is who you complain to.

Talk to them

Compared with the others

There are 24 other plans of this kind on the board. See all 25 side by side — what each one leaves you with, and which of them will not say.

How current is this rate?

The 10.78% on this page is the rate Britam Asset Managers last declared, as at 2024-08-31 — over 2 years old.

Britam says this is net of fees and gross of withholding tax: the fund's charges are already taken off, the 15% tax is not. The figure covers January to August 2024, so it is not what the fund is paying now.

This is the most recent figure Britam Asset Managers publishes, not the most recent figure that exists. Ask them what the current rate is before you decide anything on the strength of it.

What has changed here

  • 30 August 2026
    • Smallest lump sum to start is now KES 1,000, and was not published before

We started keeping this record in August 2026. Anything that changed before then is not here. The whole board's record.

What the documents actually say

Every figure above was read out of a document. These are the sentences, word for word, so you can check them rather than take our word for it.

Where we got this