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Ndovu Wealth Launches Kibaba Multi-Asset Special Fund

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Radhika Bhachu CEO, Ndovu Wealth
Ms Radhika Bhachu, CEO, Ndovu Wealth.
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Ndovu Wealth Limited, a fund manager licensed by the Capital Markets Authority (CMA), has launched the Kibaba Multi-Asset Special Fund. The  Kibaba Fund is a collective investment scheme offering structured, diversified exposure across global asset classes.

The Kibaba Fund is denominated in both USD and KES, targeting medium to long-term investors with a moderate risk appetite. The minimum initial investment is Ksh 250,000 for the Kenya Shilling Fund and $2,500 for the US Dollar Fund.

Ndovu Wealth Limited CEO and Co-Founder,  Ms Radhika Bhachu, said Kibaba Multi-Asset Special Fund was established in response to the evolving investor demands in the region.  “Five years of listening to our investors, studying markets and refining our approach has led us to build this fund,” Ms Bhachu said.

Ms Bhachu said in a macro environment, both local and global, marked by volatility, uncertainty and increasing complexity, the fund seeks to provide investors with a structured way to stay diversified and invested, eliminating reactive decision-making.

> Top 20 Money Market Funds in Kenya 

To combat market volatility and inflation, the Kibaba Fund offers a diversified portfolio covering equities, fixed income, REITs, ETFs, and commodities. The fund also uses data and economic trends to regularly adjust its portfolio mix, ensuring investors’ money is always where it performs best. It is run by a dedicated specialist team with in-depth collective experience of over 90 years in the financial markets.

The launch of the Kibaba Fund by Ndovu Wealth Limited comes at a time when Kenyans are increasingly seeking innovative fund structures that provide a stake in offshore markets.

DTB Kenya Limited serves as the custodian of the fund, with Kingsland Court as the trustee, ensuring full compliance with Capital Market Regulations.  “We welcome all qualifying investors to the Kibaba Fund, the one-stop shop for all their investment needs,” Ms Bhachu said.

> Stima Sacco Writes Off Ksh108 Million KUSCCO Investment

Written by
KALU MENGO -

Kalu Mengo is a Senior Reporter With Business Today. Email: [email protected]

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