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CIC Asset Management

CIC Fixed Income Fund

Bond fund · Regulated by the CMA

They quote
10.2% a year
their figure, basis not stated

A fund that lends your money to the government, mostly for five to fifteen years, and pays you monthly. You need KES 1,000,000 to start. It yielded about 10% in 2026, and 20.5% over the year to June once bond prices are counted.

Hear when this changes

What it has actually paid

Year by year
  • 1 Year Average20.4%

Before the company's charges. Past periods are not a promise about future ones.

The last few quarters
  • YTD4.99%

Before the company's charges. Past periods are not a promise about future ones.

What to watch out for

  • The June 2026 fact sheet sets KES 1,000,000 to start and KES 100,000 a top-up. The web page still says KES 5,000 and KES 1,000; the fact sheet is the newer document.
  • No initial fee; 2% a year. The sheet does not say whether the yield it prints is before or after that.
  • Past performance is no guide, and the right to redeem units can be suspended in specified circumstances — the sheet's own disclaimer.
  • CIC Asset Management states on the sheet that it is regulated by the Capital Markets Authority.

The details that matter for this kind of plan

Way in
KES 5,000 to start, KES 100,000 a top-up
Yield, June 2026
10.20%; 10.54% average over 2025
Smallest amount
KES 5,000 to start
Yearly charge
2% of your money
Pays out
Semi-Annual
What it holds
83% government bonds, the rest bank deposits; over half matures in 5 to 15 years
Size
KES 29.1 billion
Fund size
KES 159.8 Million

How to open this

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

What does it cost you?

There are no separate charges. What you pay each month is the price of the cover.

What if you stop paying?

Nothing happens. There is no plan to keep up; top-ups are KES 100,000 when you choose.

What if you need the money early?

No lock-in or exit charge is stated. Bond prices move, so what you get back can be less than you put in if rates have risen.

Who this suits

It could work for you if

You have a large sum you will not need soon and want a monthly income from it.

Think twice if

You have less than a million shillings, or you may need it back in a hurry.

What they tell you

  • 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.
  • Are all their charges published?
    They list no separate charges. What you pay is the price.
  • Do they say who regulates them?
    Yes — the CMA. That is who you complain to.

Talk to them

Compared with the others

There are 14 other plans of this kind on the board. See all 15 side by side — what each one leaves you with, and which of them will not say.

How current is this rate?

The 10.2% on this page is the rate CIC Asset Management quoted, as at 2026-06-30 — 4 months old.

The fund's yield for June 2026 on its own fact sheet; it averaged 10.54% over 2025 and 10.04% so far in 2026, each a little under its benchmark. Over the year to June 2026 the fund returned 20.50% against 10.03% for the benchmark. The sheet does not say whether the yield is before or after the 2% fee.

What has changed here

  • 14 October 2026
    • Smallest lump sum to start KES 1,000,000 → KES 5,000
  • 28 August 2026
    • Smallest top-up KES 100,000 → KES 1,000

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