Wealth-tech startup Ndovu launches Money Market Fund, targeting investments from Sh 500
Roboadvisory platform Ndovu Wealth Limited has officially launched its Money Market Fund (MMF) dubbed, Ndovu Fund aimed at offering investors diversified and affordable investment options.
The Fund, which received formal approval from the Capital Markets Authority (CMA), seeks to allow investors to make investments as low as Sh 500.
Its design targets 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 Money Market Fund plans to 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, Ndovu Wealth Limited co-founder and CEO Radhika Bhachu noted that with the launch of the fund, they aim to foster 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,” she said.
“The Ndovu platform provides a secure investment experience for our users. 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.”
The fund will be managed by a team of experienced professionals who will actively monitor market conditions and adjust the fund’s investment strategy accordingly.
The Ndovu Wealth Limited platform is designed to enable investors to make local and global financial market investments.
Its platform provides accessible, secure, and affordable investment options for clients and the launch of the Fund further demonstrates Ndovu’s commitment to democratising prosperity in Kenya.
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