Standard Investment Bank

Mansa-X Special Fund (USD)

Special fund · Regulated by the CMA

What is this?

The dollar version of the same fund. Your money is traded on world markets and held in US dollars, so it also moves with the shilling.

Yearly charge	5%, plus 10% above a 15% return
Sold in	US dollars
How big the fund is	USD 117.44 million at the end of 2025
Trading since	October 2022
Who holds your money	I&M Bank, with Kingsland Court Trustees as trustee

Yearly charge on your money	5% a year
Extra charge when the fund does well	10%
Taken off each payment you make	Nothing
Charge for taking money out	Nothing

Nothing happens. There is no set payment to keep up. What you have put in stays invested.

You cannot touch it for the first 6 months. After that there is no charge, and the money takes two or three days to reach you.

It could work for you if

You have dollars to invest, or you want to hold some savings outside the shilling.

Think twice if

You earn and spend in shillings. The exchange rate can move against you as well as for you.

BTells you most of it

12 of 14 answered

What do they charge you every year?
5% a year, taken from the value of your holding, worked out daily across the 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 2,500.
How long is your money tied up?
6 months.
Is the advertised return before or after their charges?
This product does not advertise a return.
Do they warn you the return is not guaranteed?
This product does not advertise a return.
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?
Yes, every charge they mention has a figure against it.
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.

· The manager takes 10% of any return above 15% a year. On the shilling fund that only starts at 25%.
· The 5% yearly charge is the same on both.
· Holding dollars means the shilling exchange rate becomes part of your return, in both directions.
· Your money is locked in for the first 6 months.
· Standard Investment Bank is supervised by the Capital Markets Authority.

There are 2 other plans of this kind on the board. See all 3 side by side — what each one leaves you with, and which of them will not say.