Frequently asked questions

Kenyans working in the diaspora; expatriates working in Kenya from other countries; and expatriates working in Africa from other countries.

AML should be confirmed by the member. The account should be with a Custodian Bank registered by the CBK. The member should declare their source of funds, and confirm their investment fund and risk profile. The member should complete the online application form and nominate their next of kin and beneficiaries.

KES 120,000 per annum per fund.

A Unit Trust is a fund which pools together investors’ money (collective investment), which is then invested into a diverse portfolio of assets. The pooled money in the Unit Trust Fund earns income in the form of dividends, interest income and/or capital gains, depending on the asset class the funds are invested in.

The Enwealth Capital Unit Trust Scheme is an umbrella fund comprising five sub funds, namely the Enwealth Money Market Fund, the Enwealth Equity Fund, the Enwealth Balanced Fund, the Enwealth Dollar Money Market Fund and the Enwealth Fixed Income Fund. The objective of the Enwealth Capital Unit Trust Scheme is to provide a medium whereby investors can obtain undivided participation in a diversified portfolio of securities.

The current declared rate for the Money Market Fund is published daily on the customer portal and in at least two newspapers with national circulation, in line with Capital Markets Authority (Kenya) requirements. Please check the customer portal or contact us directly for today’s rate.

Yes, your money and assets that are purchased are safely secured in an approved bank under a custody account, and will not be affected by failure of any service provider. The custodian bank is licensed by the Capital Markets Authority (CMA) and regulated by the Central Bank of Kenya (CBK).

Yes. Units can be redeemed by submitting a redemption request through the customer portal or to the Administrator. Redemption proceeds are paid out within the timelines disclosed for your specific fund.

Affordability: generally, you can start investing with as low as Kshs 1,000. Liquidity: you can buy and sell unit trusts on any dealing/business day (except on public holidays). Professional management: fund managers spend their working lives researching and managing investments; with a unit trust, their expertise is working for you. Diversification: you spread your investment across a diverse portfolio. And a regulated investment environment.

No. However, it is deemed that the risk is lower as compared with other investment instruments because unit trust funds are based on diversification, and risk is reduced through the purchase of a wide array of different assets.

No. Returns are not guaranteed on any of the funds. Interest income, dividends and capital gains vary with market conditions and the performance of the underlying portfolio. Investors should choose a fund whose risk profile and time horizon match their own needs and risk appetite.

No, there is no exit fee charged when redeeming units of the funds.

Open the Enwealth Capital customer portal, click on Create Account and follow the steps. Alternatively, fill in the application form, attaching the relevant Know Your Customer (KYC) documentation, and email the documentation to enwealthcapital@enwealth.co.ke.