With the high cost of living and inflation, parking money in a bank account which offers low interest rates is not enough. There is need for one to invest your money so that it can start working for you and what better place to start your investment journey than NCBA Bank.
NCBA offers a suite of investment solutions that are designed to help individuals, SMEs and even corporates to build and preserve wealth in a structured way. Whether you are a first-time investor or you are looking to diversify your portfolio the bank has all everything that you need to get started.
Why should you invest with NCBA? Well, the investment bank is licensed by the Capital Markets Authority and Retirement Benefits Authority to provide asset management services. They also have expert wealth managers as well as a diverse range of investment products and tailored financial solutions.
Some of the investment solutions include.
NCBA Fixed Income Fund
This is essentially the bank’s money market fund, it invests in short-term, low-risk debt instruments such as treasury bills, commercial paper, and fixed deposits. The primary objective is to preserve an investor’s capital while generating a regular interest income.
Investors can be able to easily invest and liquidate their investments with the minimum investment amount being Ksh. 1,000.
NCBA Equity Fund
The Equity Fund is suitable for investors who are seeking to create an asset base that offers capital appreciation over a medium to long term. One needs to have a moderate to aggressive risk appetite and looking to invest for over 3 years.
The fund primarily invests in listed and select unlisted equities securities. The fund allows for daily withdrawals with a minimum investment of Ksh. 1,000. The management fee is 2.53% per annum.
Dollar Fixed Income Fund
This is a dollar denominated fund which is suitable for investors whose cash flow is in dollars and would like to continue earning dollar returns. It can also work for investors who wish to diversify their local currency investments by including some foreign currency investments.
The Fund has an objective of preserving your capital while at the same time generating a regular interest income for investors. The funds are invested in a combination of Euro Bonds, USD fixed deposits, Mutual Funds, and other short-term interest-bearing assets.
The fund allows for daily withdrawals or investment of a minimum of USD100. With management fees being 1%p.a. on the assets under management.
Fixed Income Basket Note Fund
This fund offers a return derived from a pool of assets comprising fixed deposits, bills and bonds. The client has the option of investing in 3, 6, 12 and 24 Months Contracts.
The rates offered are revised and published weekly, with the minimum investment for this fund being Ksh. 5 million or equivalent, denominated in US Dollars.
Tailored Solutions
NCBA also offers solutions which are tailored to your unique investment objectives, reflecting your risk tolerance, time horizons, liquidity needs, and tax attributes.
This solution provides access to both private and public, on-shore and off-shore investment instruments and unique opportunities. It provides access to investment opportunities cutting across different asset classes and counterparties without the need to directly engage with them.
The minimum investment for this service is Kes 50 million or equivalent, denominated in USD or any East African currency.
Investing is a crucial step towards building long-term financial security and achieving your financial goals. So, don’t wait till you have ‘enough’ money to start investing as NCBA’s range of investment options and expert support lets you take control of your financial future one shilling at a time.