in Short
Kenya: CMA approves four new investment funds to diversify portfolios
The Capital Markets Authority (CMA) has recently approved four new funds, allowing investors to diversify their investments across different asset classes and geographical regions. Managed by asset management firms, these funds address the diverse needs of investors. Among the new products are the Britam USD Money Market Fund, Orient Dollar Money Market Fund, CIC Global Special Fund, and VCG Offshore Opportunities Special Fund. These funds aim to offer solutions tailored to a diverse clientele, from cautious investors to those with higher risk profiles.