Safaricom Plc Has Received The Green Light From The Capital Markets Authority (Cma) To Launch The Ziidi Money Market Fund, A Collective Investment Scheme (Cis) That Will.

Ziidi’s launch date remains undisclosed, but it is expected to provide safaricom with a fresh opportunity to tap into kenya’s growing demand for money market funds, a. Telecommunications giant safaricom plc has received the green light from the capital markets authority (cma) to launch the ziidi money market fund, a collective. These funds are designed to offer investors high liquidity and minimal risk.

Scom) In Partnership With Two Fund Managers;

Scom) in partnership with two fund managers; This innovative fund, backed by. Standard investment bank and ala capital limited has today announced the official launch of ziidi mmf, a money market.

These Funds Provide Investors With Higher Returns Compared To.

Standard investment bank and ala capital limited has today announced the official launch of ziidi. In a statement released on november 27, the cma announced that it has granted safaricom plc permission to set up the ziidi money market fund as a collective investment. Key characteristics of money market funds include high liquidity, allowing investors to quickly and.

What Is Ziidi Money Market Fund?

The primary objective of the mali money market fund is to generate a total return through investing in a range of short term treasury and money market instruments (all under 1 1/2 year. Safaricom has expanded its financial services portfolio by securing a license for its ziidi money market fund (mmf) from the capital markets authority (cma). The investment potential of ziidi mmf.

Its Main Aim Is To Provide Investors With.

The ziidi mmf is a money market fund designed to allow safaricom customers to save, earn interest, and manage their finances directly from their mobile phones via the m. Money market funds provide stable returns and are highly liquid. Safaricom launched its new money market fund dubbed ziidi on january 21, 2025.