Ndovu Wealth Limited today officially launched its Ndovu Money Market Fund (MMF) — Ndovu Fund — to provide investors with diversified and affordable investment options. The launch of this Ndovu Fund further demonstrates the company’s commitment to democratising investment in Kenya.
The Ndovu Fund, which has received formal approval from the Capital Markets Authority (CMA), allows investments as low as Ksh500. It is designed to provide investors with a flexible, stable and relatively low-risk investment option that offers competitive returns, making it an ideal option for both first-time and seasoned investors.
Ndovu Fund will invest in a diversified portfolio of high-quality, short-term securities, Treasury Bills, Treasury Bonds, and high-quality rated commercial paper, allowing investors to earn attractive yields while maintaining liquidity.
Speaking during the launch, Ms Radhika Bhachu, CEO and Co-founder of Ndovu Wealth Limited said: “We are fostering a culture of saving and investing in Kenya. With this fund, we’re empowering Kenyans to take control of their financial future by offering a platform to start investing, diversify their portfolios, and meet their long-term goals — all while earning competitive returns.”
The Ndovu platform provides a secure investment experience, she said. “As we continue to make investment opportunities more accessible, our commitment remains to empower Kenyans to grow their wealth both locally and globally in a secure, convenient, and simple way,” she added.
Ms Bhachu said fund will be managed by a team of experienced professionals who will actively monitor market conditions and adjust the fund’s investment strategy accordingly.
> MKU Establishes Maritime Academy in Malindi
