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 earns income in the form of dividends, interest income and/or capital gains, depending on the asset class the funds are invested in.
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.
The difference lies in each fund’s risk profile, investment horizon and objective, as set out below.
| Money Market Fund | Equity Fund | Balanced Fund | Fixed Income Fund | Dollar Money Market Fund | |
|---|---|---|---|---|---|
| Objective | Earn Interest Income | Capital growth + dividends + interest income | Earn interest income + dividends + capital growth | Preserve capital while generating a regular interest income | Preserve USD capital while earning income above a USD savings/deposit account |
| Risk Profile | Low | High | Medium | Medium | Low |
| Investment Horizon | Short Term – Minimum 1 month | Long Term – minimum 3 years | Medium Term – minimum 1 year | Short to Medium Term – preferred tenure below 12 months | Short Term – minimum investment period 3 months |
| Minimum Initial Investment | Kshs 100 | Kshs 100 | Kshs 100 | Kshs 100 | USD 500 |
| Minimum Additional Investment | Kshs 100 | Kshs 100 | Kshs 100 | Kshs 100 | USD 100 |
| Initial / Redemption Fees | Nil | Nil | Nil | No preliminary or initial fee; no redemption fee | No preliminary or initial fee; no redemption fee |
| Annual Management Fee | 2% | 2% | 2% | 2% | 2% |
| Liquidity | High – liquidations typically paid within 2 business days | Lower – suited to investors who can leave money invested longer | Moderate | Daily liquidity – liquidations typically paid within 4 business days | Liquidations typically paid within 30 days |
| Suitability | Investors with low risk appetite and high liquidity needs | Investors with high risk appetite and low liquidity needs | Investors with medium risk appetite who want to save and grow assets while earning a competitive income yield | Investors wanting low-to-medium risk exposure to fixed income with partial liquidity, including those building up a lump sum before moving into higher-risk funds | Investors who want USD-denominated capital preservation, minimal volatility, and a hedge against forex movements |
| Funds Invested In | Mostly fixed deposits, treasury bills, government securities, call deposits and commercial paper | Predominantly treasury bonds and equities/stocks | Fixed deposits, treasury bills, treasury bonds, corporate bonds and equities/stocks | Bank deposits, treasury bills, treasury bonds, corporate bonds and commercial paper, with a small permitted offshore allocation | USD-denominated money market instruments in the Kenyan and/or offshore markets |
Mpesa Transfer Details
Bank Transfers
Mpesa Transfer Details
Bank Transfers
Mpesa Transfer Details
Bank Transfers
Mpesa Transfer Details
Bank Transfers
Bank Transfers
Tell us what you need and the right team will come back to you.
Kenya Office
Purpose-driven organizations not only create enormous value for society as a whole, but also thrive themselves, consistently demonstrating higher growth and profit than their counter-parts.
Simon Wafubwa, CEO
Thank you — your enquiry has been received.
A confirmation is on its way to your email, and the right team will come back to you.
We keep it for 24 months.