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CIC Asset Management

CIC Equity Fund

Share fund · Regulated by the CMA

Grows at
42.08% a year
after their charges

A fund that buys Kenyan shares, most of them banks. You start from KES 5,000. CIC takes 2.5% off each payment and 2% a year. It returned 44.9% in the year to June 2026 and 13.4% a year over five.

Hear when this changes

What to watch out for

  • 2.5% comes off every payment before it is invested, and 2% a year after that.
  • The returns on the sheet are to June 2026 and are not a guide to the future; the right to redeem can be suspended — the sheet's own disclaimer.
  • CIC Asset Management states on the sheet that it is regulated by the Capital Markets Authority.
Try your own numbers
How

If you put in KES 5,000 a month for 5 years

You pay in
KES 300,000
Charges take
KES 42,702
You'd end up with
KES 1,019,724
If you stop after 2 years instead

You would have paid in KES 120,000.

They do not publish what you would get back if you stopped early. You would have to ask them.

  • · Based on paying KES 5,000 a month for 5 years.
  • · They never say whether their advertised return is before or after charges. We assumed before, which is the less flattering reading.
  • · The value goes up and down. This is not a promise.
  • · Worked out from the company's own published figures.

The details that matter for this kind of plan

Last year
44.94% to June 2026; 13.43% a year over five
What it holds
77% Kenyan shares, over half of that in banks; 22% bank deposits
Risk
High, by the fact sheet's own label
Pays out
Twice a year
Fund size
234.5 Million

How to open this

  • Open with KES 5,000
  • top up from KES 1,000

What does it cost you?

Taken off each payment you makeevery payment, before it is invested2.5%
Yearly charge on your moneythe value of the fund, each year2% a year

What if you stop paying?

Nothing happens. There is no plan to keep up; top-ups are KES 1,000 when you choose.

What if you need the money early?

No lock-in or exit charge is stated. Shares fall as well as rise, so you can get back less than you put in.

Who this suits

It could work for you if

You can leave the money for years and accept big swings on the way.

Think twice if

You may need the money within a few years, or a 2.5% charge on every payment bothers you.

What they tell you

  • What do they charge you every year?
    2% a year, taken from the value of the fund, each year.
  • What is taken off the money you pay in?
    2.5%, taken from every payment, before it is invested.
  • What is the smallest amount you can start with?
    KES 5,000.
  • Do they warn you the return is not guaranteed?
    Yes, the warning is there.
  • Do they say who regulates them?
    Yes — the CMA. That is who you complain to.

Talk to them

Compared with the others

There are 4 other plans of this kind on the board. See all 5 side by side — what each one leaves you with, and which of them will not say.

How current is this rate?

The 44.94% on this page is the rate CIC Asset Management last declared, as at 2026-06-30 — 4 months old.

What the fund returned over the year to June 2026, from its own fact sheet; 34.83% a year over three years and 13.43% a year over five. The sheet does not say whether these are before or after its 2% a year. Shares go down as well as up, and the sheet says so.

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