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Etica Capital

Etica Money Market Fund (USD)

Money market fund · Regulated by the CMA

What is this?

Your dollars are lent out short term. You can start with USD 100 and add USD 50 at a time.

The details that matter for this kind of plan

Sold inUS dollars, from USD 100
Two different yields6.99% in the banner, 6.26% lower down the same page
Locked in at first30 days, and no withdrawal before it ends
Who holds your moneyEquity Bank Kenya, with The Co-operative Bank of Kenya as trustee

What does it cost you?

Yearly charge on your money2% a year
Taken off each payment you makeNothing
Charge for taking money outnot disclosed
  • · The dollar page does not state an exit fee. The shilling fund's Key Investor Information Document states nil.

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?

You cannot take anything out in the first 30 days. After that the money reaches you within three working days.

Who this suits

It could work for you if

You hold dollars and want them earning something you can still reach quickly.

Think twice if

You need certainty about the rate. The page shows two different ones.

How openly does this company explain its charges?

BTells you most of it11 of 13 answered
  • 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?
    Nothing. They state there is no charge here.
  • What does it cost to get out early?
    Nothing. You can take your money out with no penalty.
  • What is the smallest amount you can start with?
    KES 100.
  • How long is your money tied up?
    1 months.
  • Is the advertised return before or after their charges?
    After charges. The number you see is the number you get.
  • Do they warn you the return is not guaranteed?
    No warning appears next to the figure, even though it is not a promise.
  • Do they tell you what you get back if you stop early?
    You get whatever your money is worth on the day. There is no schedule.
  • Do they list what is not covered?
    This is not insurance, so there is nothing to exclude.
  • Are all their charges published?
    No. 1 charge is mentioned without a figure.
  • Do they say who regulates them?
    Yes — the CMA. That is who you complain to.

This grades how openly things are explained, not whether the plan is good or bad. See how we work it out.

Things to know before you sign

  • · The page advertises 6.99% at the top and 6.26% further down, and does not say which applies today.
  • · You cannot withdraw at all for the first 30 days.
  • · Holding dollars means the shilling exchange rate becomes part of your return, in both directions.
  • · Etica Capital is supervised by the Capital Markets Authority.

Talk to them

  • Website: eticacap.com
  • If something goes wrong, the CMA is who supervises them.

Compared with the others

There are 9 other plans of this kind on the board. See all 10 side by side — what each one leaves you with, and which of them will not say.

How current is this rate?

The 6.99% on this page is the rate Etica Capital quoted, as at 2026-08-20 — current.

Etica states this is net of all fees but gross of withholding tax. The same page shows 6.99% in its banner and 6.26% lower down, and does not say which is current..

Where we got this