CIC Asset Management
CIC Dollar Fund
Money market fund · Regulated by the CMA
A dollar fund holding US dollar deposits, treasury bonds and company debt. Interest is paid to you every month.
Hear when this changes
The details that matter for this kind of plan
- Smallest amount
- USD 1,000 to start
- Yearly charge
- 1.5% of your money
- Interest is paid
- Every month
- Fund size
- USD 31.2 Million
How to open this
- Open with USD 1,000
- top up from USD 100
What does it cost you?
| Yearly charge on your moneythe fund | 1.5% a year |
|---|---|
| Taken off each payment you makethe money you pay in | Nothing |
What if you stop paying?
Nothing happens. You add money when you choose to.
What if you need the money early?
You can ask for your money at short notice. CIC does not say how many days it takes.
Who this suits
It could work for you if
You earn or save in dollars and want to keep the money safe.
Think twice if
You spend in shillings. The exchange rate can move against you.
What they tell you
- What do they charge you every year?1.5% a year, taken from the fund.
- What is taken off the money you pay in?Nothing. They state there is no charge here.
- What is the smallest amount you can start with?KES 1,000.
- Do they say who regulates them?Yes — the CMA. That is who you complain to.
Talk to them
- Website: ke.cicinsurancegroup.com
- Phone: 0703 099 120
- Email: callc@cic.co.ke
- If something goes wrong, the CMA is who supervises 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.
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.
“1.5%”
“Nil”
“USD 100.00”
“USD 1000.00”
Where we got this
- CIC: investment solutions — key features of the money market, dollar and wealth fundsthe company itselfRead on 2026-08-28
- CIC Dollar Fund webpagethe company itselfRead on 2026-10-14