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Best Money Market fund in Kenya
icecube
#51 Posted : Monday, July 28, 2014 7:34:14 PM
Rank: Member

Joined: 1/2/2008
Posts: 268
Location: Nairobi
With Zimele, they say you can access your account online, but for the last 1 week, have been told the online system is down. Anybody with latest information on this?

@Tall Order? anyone?
S.Mutaga III
#52 Posted : Monday, July 28, 2014 8:18:58 PM
Rank: Member

Joined: 3/26/2012
Posts: 830
When starting this thread, I must admit I was lost.Thanks to my guts I went with this other option http://www.wazua.co.ke/f...spx?g=posts&t=27314 ...money markets and mutual funds are a waste of time. Invest the cash yourself and stop some fat cat from 'eating' your already small cake
A successful man is not he who gets the best, it is he who makes the best from what he gets.
Tall Order
#53 Posted : Tuesday, July 29, 2014 6:09:15 AM
Rank: Member

Joined: 5/9/2014
Posts: 130
Location: Nairobi
@icecube
Yes you can access your account online, the system is up, who says it is down?, I've just used it to view my account statement for a small amount that I have with them that I don't want to risk at the NSE.

Try the link below

http://www.zimele.net/in...&id=7&Itemid=107
icecube
#54 Posted : Sunday, August 03, 2014 1:28:16 PM
Rank: Member

Joined: 1/2/2008
Posts: 268
Location: Nairobi
[quote=Tall Order]@icecube
Yes you can access your account online, the system is up, who says it is down?, I've just used it to view my account statement for a small amount that I have with them that I don't want to risk at the NSE.

Try the link below

http://www.zimele.net/in...amp;id=7&Itemid=107[/quote]

Thanks. my account with them is new. I am told they are yet to enable me for online access.
Tall Order
#55 Posted : Monday, August 04, 2014 5:14:06 AM
Rank: Member

Joined: 5/9/2014
Posts: 130
Location: Nairobi
@icecube

It doesn't matter how old or new your account is with them, just call them and insist that you wish to view your account statements online, they'll take a day or so to create it and you can view your statement. At least you'll see the investment amount you put with them and that gives you the piece of mind and several 000s because it hasn't earned any interest as such will still give comfort that your cash in is very safe hands.
icecube
#56 Posted : Tuesday, August 05, 2014 7:38:59 PM
Rank: Member

Joined: 1/2/2008
Posts: 268
Location: Nairobi
Tall Order wrote:
@icecube

It doesn't matter how old or new your account is with them, just call them and insist that you wish to view your account statements online, they'll take a day or so to create it and you can view your statement. At least you'll see the investment amount you put with them and that gives you the piece of mind and several 000s because it hasn't earned any interest as such will still give comfort that your cash in is very safe hands.


Thanks. I want to see my money online. I will call them and insist.
icecube
#57 Posted : Sunday, August 24, 2014 12:13:19 PM
Rank: Member

Joined: 1/2/2008
Posts: 268
Location: Nairobi
I have tussled with Zimele for online account access but there still seems to be a problem, one month later. There seems to be some yet undisclosed "technical" challenges over there.
Tall Order
#58 Posted : Sunday, August 24, 2014 5:35:26 PM
Rank: Member

Joined: 5/9/2014
Posts: 130
Location: Nairobi
Call Zimele, the lady who picks up your phone 'read her the Riot Act'. You have placed your investment with their company and you expect better treatment than that, if they don't do it call them again in the week and again and if they don't, walk in and see if they don't respond. I can't see of another way.
Speculz
#59 Posted : Tuesday, December 16, 2014 3:35:17 PM
Rank: Member

Joined: 5/6/2011
Posts: 391
Location: Nairobi
As we close the year 2014, any reviews on the various money market funds ? both good and bad ...
"You can't have everything. Where would you put it?" - Stephen Wright
Aguytrying
#60 Posted : Saturday, December 27, 2014 1:42:45 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Hi debt gurus. I've seen CiC have a fixed income fund. The returns are higher than the Money market fund.

My question. What makes the fixed income more risky and what is its worst case scenario
The investor's chief problem - and even his worst enemy - is likely to be himself
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