The Old Mutual Money Market Fund is a low-risk investment option in Kenya that allows individuals and corporates to preserve capital while earning stable returns. With a well-diversified portfolio of Treasury bills, corporate notes, bank fixed deposits, and call deposits, this fund is ideal for those looking to start their investment journey or build an emergency fund.
Old Mutual Money Market Fund Overview
The Old Mutual Money Market Fund targets investors seeking capital stability, liquidity, and predictable returns. Returns are distributed monthly and can be reinvested to maximize growth. The fund also allows investors to switch between other Old Mutual funds for diversification.
Key Features:
- Minimum Investment: Varies by fund; check online portal for details
- Investment Type: Treasury bills, corporate notes, fixed deposits, and call deposits
- Liquidity: Funds accessible within a few days
- Return Frequency: Monthly, with option to reinvest
- Risk Profile: Low-risk, capital preservation focused
- Portfolio Management: Professional fund management for steady growth
Benefits of Old Mutual Money Market Fund:
- Immediate Liquidity: Access funds within a few days
- Low Risk: Designed to protect your capital
- Capital Stability: Returns aim to outperform inflation
- Flexible Investment: Option to reinvest or withdraw returns to your bank
- Switch Between Funds: Optimize gains by moving funds across different investment options
- Cash Flow Planning: Set up a plan for your regular cash needs
How the Fund Works
The fund pools investors’ money into a diversified portfolio of short-term, high-quality instruments:
- Government Securities: Treasury bills
- Corporate Debt: Well-rated corporate notes and bonds
- Bank Deposits: Fixed and call deposits with reputable banks
Daily income is accumulated and distributed monthly, allowing investors to compound returns over time. The fund is suitable for both short-term savings and emergency funds.
How to Start Investing in Old Mutual Money Market Fund
Step 1: Open an Account
- Visit the Old Mutual Investment Portal: https://www.oldmutual.co.ke/investment/investment-portal/
- Or dial *USSD 480# on your i-INVEST registered phone
Step 2: Submit KYC Documents
- Copy of National ID or Passport
- Certified bank statement or ATM card
- Copy of PIN certificate
- Corporate applicants have additional requirements listed in the application form
Step 3: Fund Your Account
- USSD: Dial *480# and select invest
- M-PESA Paybill: Number 600500, using your unit trust account number
- Bank Transfer: Use KCB Custody Service Branch accounts for different Old Mutual funds
Step 4: Monitor Your Investment
- Track returns and account performance via the Old Mutual Investment Portal or mobile USSD
Fund Access and Withdrawals
- Funds can be withdrawn to your bank account
- No penalties for early withdrawals
- Monthly distributions can be reinvested or paid to your bank
- Option to switch investments between other Old Mutual funds for diversification
Contact Information
- Phone: 0711 065 100
- Email: clientservices@oldmutualkenya.com
- Online Portal: https://www.oldmutual.co.ke/investment/investment-portal/
Bank Details for Funding:
- KCB Custody Branch:
- Old Mutual Money Market Fund: 1102369705
- Swift Code: KCBLKENX
Key Takeaways
- Old Mutual Money Market Fund is ideal for low-risk, capital-preserving investments
- Monthly returns can be reinvested to maximize growth
- Immediate liquidity with flexible access for individuals and corporates
- Professional management and diversified portfolio for steady performance
