Stop Saving, Start Investing: Capital A Bank

Kenyans at home and abroad can invest in two of Capital A Investment Bank’s shillings or US Dollars collective investment schemes.

While Rejesha Money Market Fund allows investors to start saving from Ksh 1,000 or $500 with monthly income distributions and the flexibility to withdraw at any time, Rejesha Multi Asset Multi Strategy Special Fund requires a minimum of Ksh 100,000 or $1,000 and features a 6-month lock-in period tailored for medium to long-term goals

The latter invests across government securities, listed equities, corporate bonds, ETFs, commodities and alternative investments.

Neither fund charges entry or exit fees. Investors’ assets are held by Standard Chartered Bank as trustee and custodian, separately from Capital A Investment Bank.

The firm’s Chief Executive Officer Linus Kang’ara says formal financial inclusion had risen to nearly 85 percent of Kenyan adults, yet only 2 in every 10 Kenyans are considered financially healthy.

“A mobile wallet is not an investment portfolio. Financial inclusion has opened the door. Wealth creation must now become the destination,” said Mr Kang’ara.

He urges individuals to move from simply holding money to saving, investing, and building long-term wealth.

The US Dollar funds let Kenyans in the diaspora invest in a regulated Kenyan fund without converting their savings, and accounts can be opened and managed online. Every Rejesha investor is assigned a dedicated wealth partner through the bank’s Private Wealth team.

“When a teacher in Nyeri, a boda boda rider in Kisumu or a nurse in the UK invests their savings, they are not buying a product. They are trusting someone with years of their work… our first job is to protect that trust,” Board Chairman Patrick Ndei, said, noting that rust and governance sit at the centre of the bank’s strategy.