Nabo Africa Money Market Fund
Money market fund · Regulated by the CMA
A money market fund inside the Nabo Africa Funds umbrella. It invests in short-term debt instruments.
Hear when this changes
The details that matter for this kind of plan
- Charges and rates
- Management fee up to 2.25% per annum, initial fee nil, redemption fee 0.25% within first 6 months
- Minimums
- Minimum investment KES 10,000, minimum top-up KES 10,000
- Current return
- up to 12% per annum
How to open this
- top up from KES 10,000
- locked in for 6 months
What does it cost you?
| Yearly charge on your moneyManagement Fee Up to 2.25% | 2.25% a year |
|---|---|
| Taken off each payment you makeInitial Fee Nil | Nothing |
| Charge for taking money outRedemption Fee 0.25%* | 0.25% |
| Charge for taking money outThe Fund does not charge any entry or exit fees. | Nothing |
What if you stop paying?
Nothing is owed. What you have already put in stays invested.
What if you need the money early?
Redemption fee is 0.25% for redemptions within the first six months. After six months, there is no charge.
Who this suits
You want a low-risk fund and you have read the charges.
You need the rate now. The company's own page does not give a single rate for this fund.
What they tell you
- What do they charge you every year?2.25% a year, taken from Management Fee Up to 2.25%.
- What is taken off the money you pay in?Nothing. They state there is no charge here.
- How long is your money tied up?6 months.
- 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.
Talk to them
- Website: www.nabocapital.com
- 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 has changed here
- 28 September 2026
- Somebody read the company's own material only a regulator's listing → researched
- Yearly charge on your money is now 2.25% a year, and was not published before
- Taken off each payment you make is now 0%, and was not published before
- Charge for taking money out is now 0.25%, and was not published before
- Charge for taking money out 0.25% → 0%
- Smallest top-up is now KES 10,000, and was not published before
- How long your money is tied up is now 6 months, and was not published before
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.
“As of late 2025, returns of up to 12%, outperforming the 3-month Treasury Bill benchmark.”
“*Charged on redemptions done within the first six months lock-in period of the investment.”
“Initial Fee Nil”
“KES 10,000”
“KES 10,000 minimum”
“Management Fee Up to 2.25%”
“Minimum Investment KES 10,000”
“Money Market Fund Management Fee Up to 2.25%”
“Redemption Fee 0.25%”
“The Fund does not charge any entry or exit fees.”
Where we got this
- Read on 2026-10-01
- Nabo Africa Funds Information Memorandum January 2025the company itselfRead on 2026-09-28
- Grow Your Wealth With Nabo Capital - MMF & FIF pagethe company itselfRead on 2026-10-01