When it comes to securing your financial future, one of the safest and most reliable ways to grow your wealth is through investing in fixed income securities like government treasury bonds. Britam’s Bond Plus Fund offers Kenyans a low-risk, high-reward option that is simple to start, flexible to manage, and reliable in its returns. Managed by Britam Asset Managers, this unit trust fund is specifically designed for individuals seeking steady growth and regular income over the medium term.
What is the Britam Bond Plus Fund?
The Britam Bond Plus Fund is a unit trust that invests primarily in high-yield, low-risk bonds, such as government treasury bonds and corporate bonds. These types of securities offer predictable returns with minimal risk, making this fund an excellent option for individuals looking for stability while still achieving solid growth on their investments.
Unlike direct investment in individual bonds, this collective investment scheme offers diversification, liquidity, and professional management, making it more convenient for everyday investors. You don’t need to worry about the complexity of managing bond investments yourself—Britam takes care of it for you.
Why Choose Britam Bond Plus Fund?
- Low-Risk Investment
The fund primarily invests in bonds and other fixed-income securities, providing a stable, low-risk return on your investment. - Medium-Term Investment Horizon
The recommended investment period is 1 to 3 years, making it ideal for those looking to grow their savings steadily without locking them away for too long. - Affordable to Start
You can open an account with as little as KES 1,000, making this fund accessible to a wide range of investors. The low entry barrier allows you to begin your investment journey with minimal upfront capital. - High Liquidity
One of the key advantages of the Britam Bond Plus Fund is liquidity. You can access your funds within 48 business hours, and the money is transferred directly to your M-Pesa or bank account. This level of flexibility ensures that your money is available when you need it. - No Lock-in Period
After the initial 14-day window during account opening, your funds are fully accessible with no lock-in periods. This allows you to withdraw your money whenever needed, offering complete flexibility. - Daily Compounded Interest
Interest is earned and compounded daily, which means your investment grows consistently over time. The daily and effective annual yields are communicated to clients via email and published in local newspapers, ensuring transparency.
Who Can Invest in the Britam Bond Plus Fund?
Anyone with a National ID or Passport and a KRA PIN can open an account with the Britam Bond Plus Fund. Whether you’re a beginner investor or an experienced one, this fund provides a simple and efficient way to grow your wealth.
How to Get Started
Britam has made it incredibly easy to start investing in the Bond Plus Fund. You can open your account and manage your investments entirely online or through your mobile phone.
- Option 1: Britam App or Customer Portal
Download the MyBritam App from Google Playstore or App Store, or visit the Britam customer portal to sign up. Register using your National ID, set a password, and you’re ready to start investing. - Option 2: USSD Code
Dial *778# from your Safaricom line, and follow the prompts to register for the Britam Bond Plus Fund. You’ll need your National ID, KRA PIN, and M-Pesa to get started.
Key Features of the Britam Bond Plus Fund
- Minimum Investment: Start with as little as KES 1,000.
- Zero Initial Fees: Britam charges no fees for account opening, and only a minimal annual management fee of up to 2.5%.
- Accessibility: Manage your investments 24/7 via the MyBritam App or the USSD *778#.
- Free Withdrawal: You can make one free withdrawal per calendar month. Any additional withdrawal within the same month incurs a small fee of KES 750.
- Tax Efficiency: A 15% Withholding Tax is charged on interest earned. However, there are no other hidden fees, ensuring that the majority of your returns stay in your pocket.
Frequently Asked Questions
1. What is the minimum amount I can invest?
The minimum amount required to open an account is KES 1,000, and subsequent top-ups can be made for the same amount.
2. How long should I stay invested?
The recommended investment period is at least 12 months, but you can stay invested for 1 to 3 years to maximize your returns.
3. Are there any charges for withdrawals?
You get one free withdrawal per calendar month. Additional withdrawals within the same month incur a fee of KES 750.
4. How soon can I access my funds?
You can access your money within 48 business hours, and it will be transferred directly to your M-Pesa or bank account.
5. What are the risks involved?
While the Britam Bond Plus Fund is a low-risk investment, market conditions such as political and economic fluctuations could impact bond returns. However, the fund is designed to preserve your capital while offering a reasonable level of return.
Britam’s Bond Plus Fund is an excellent choice for Kenyans looking for a low-risk investment option with steady returns. Whether you’re saving for a medium-term goal, looking for a safe way to grow your money, or simply want a reliable alternative to high-risk ventures, this fund offers the flexibility, transparency, and convenience you need to achieve your financial goals.
Start small, stay consistent, and let Britam’s Bond Plus Fund work towards growing your wealth. Download the MyBritam App today or dial *778# to get started and watch your dreams come closer to reality.
