Wazua
»
Investor
»
Bonds
»
Best Money Market fund in Kenya
Rank: Member Joined: 4/21/2015 Posts: 151
|
Kili wrote:I have seen an alarmist post that mentions Nakumatt,Dubai Bank,Chase,Family,Ecobank,Sanlam.Is all well at Sanlam? Ngai!
|
|
|
Rank: Member Joined: 7/3/2014 Posts: 245
|
Kili wrote:I have seen an alarmist post that mentions Nakumatt,Dubai Bank,Chase,Family,Ecobank,Sanlam.Is all well at Sanlam? Link ? In the world of securities, courage and patience become the supreme virtues after adequate knowledge and a tested judgment are at hand.
|
|
|
Rank: Member Joined: 12/10/2015 Posts: 103
|
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Kili wrote:https://mobile.twitter.com/MutetiNick/status/791713979966038017?p=v "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
|
|
|
Rank: Elder Joined: 12/7/2012 Posts: 11,908
|
murchr wrote:Kili wrote:https://mobile.twitter.com/MutetiNick/status/791713979966038017?p=v Thought some already happened? In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
|
Rank: Veteran Joined: 1/3/2014 Posts: 1,063
|
Things are very thick  Consistency is better than intensity
|
|
|
Rank: Elder Joined: 2/16/2007 Posts: 2,114
|
PeterReborn wrote:Things are very thick Rink?
|
|
|
Rank: Member Joined: 9/14/2011 Posts: 834 Location: nairobi
|
PeterReborn wrote:Things are very thick what ia happening at Sanlam?
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
|
heri wrote:PeterReborn wrote:Things are very thick what ia happening at Sanlam? WHAT DO YOU MEAN Sanlam?  Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Elder Joined: 12/7/2012 Posts: 11,908
|
Impunity wrote:heri wrote:PeterReborn wrote:Things are very thick what ia happening at Sanlam? WHAT DO YOU MEAN Sanlam? Soon and very soon the only safe bet will be GoK T/Bills and T/Bonds  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
|
|
|
|
Rank: Member Joined: 2/28/2014 Posts: 188 Location: Nairobi
|
Yeah please tell us....or is just coz their rates have gone down Offering my personal finance knowledge for free
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
|
nashx wrote:Yeah please tell us....or is just coz their rates have gone down And they dont keep the money in their account...their custodian bank was StanChart, last time I called to check. So what could be the risk here? Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Member Joined: 2/28/2014 Posts: 188 Location: Nairobi
|
Impunity wrote:nashx wrote:Yeah please tell us....or is just coz their rates have gone down And they dont keep the money in their account...their custodian bank was StanChart, last time I called to check. So what could be the risk here? Yeah that's what I'm wondering too Offering my personal finance knowledge for free
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
|
nashx wrote:Impunity wrote:nashx wrote:Yeah please tell us....or is just coz their rates have gone down And they dont keep the money in their account...their custodian bank was StanChart, last time I called to check. So what could be the risk here? Yeah that's what I'm wondering too Dem hafi run wey!  Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Member Joined: 2/8/2007 Posts: 808
|
Angelica _ann wrote:murchr wrote:Kili wrote:https://mobile.twitter.com/MutetiNick/status/791713979966038017?p=v Thought some already happened? Comparing Sanlam with the rest of the companies as the tweet is doing up here is incorrect, Life insurance suffers downturns in capital market movements which is typical of Life insurance in Kenya because of the restrictions on investments by the regulator. Unfortunately they don't have a big Short term insurance business as yet to offset that weakness which was prevalent in Jubilee, Britam and Liberty Life. The end year will be worse for those Life Insurance companies that have Banking stocks. Money market funds have no relation to the rest of the company results under the CIS act. Banks are lending at 14% meaning they are unlikely to give anything above 12%. Throw in the management fee and any money market doing between 10-11% is returning good value. Sanlam is also part of a very large group that is very liquid.
|
|
|
Rank: Elder Joined: 3/2/2009 Posts: 26,328 Location: Masada
|
Kausha wrote:Angelica _ann wrote:murchr wrote:Kili wrote:https://mobile.twitter.com/MutetiNick/status/791713979966038017?p=v Thought some already happened? Comparing Sanlam with the rest of the companies as the tweet is doing up here is incorrect, Life insurance suffers downturns in capital market movements which is typical of Life insurance in Kenya because of the restrictions on investments by the regulator. Unfortunately they don't have a big Short term insurance business as yet to offset that weakness which was prevalent in Jubilee, Britam and Liberty Life. The end year will be worse for those Life Insurance companies that have Banking stocks. Money market funds have no relation to the rest of the company results under the CIS act. Banks are lending at 14% meaning they are unlikely to give anything above 12%. Throw in the management fee and any money market doing between 10-11% is returning good value. Sanlam is also part of a very large group that is very liquid. S'il vous plaît, merci. Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
|
|
|
Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
|
Chaka wrote:S.Mutaga III wrote:Which is the best money market fund in Kenya? Anyone with experience with either cic,britam or old mutual? I have experience with cic and old mutual and judging from the daily yields as given in the daily papers old mutual would come in last..I would vouch for cic.. Customer care of CIC is wanting. Towards the goal of financial freedom
|
|
|
Rank: Elder Joined: 12/7/2012 Posts: 11,908
|
Impunity wrote:Kausha wrote:Angelica _ann wrote:murchr wrote:Kili wrote:https://mobile.twitter.com/MutetiNick/status/791713979966038017?p=v Thought some already happened? Comparing Sanlam with the rest of the companies as the tweet is doing up here is incorrect, Life insurance suffers downturns in capital market movements which is typical of Life insurance in Kenya because of the restrictions on investments by the regulator. Unfortunately they don't have a big Short term insurance business as yet to offset that weakness which was prevalent in Jubilee, Britam and Liberty Life. The end year will be worse for those Life Insurance companies that have Banking stocks. Money market funds have no relation to the rest of the company results under the CIS act. Banks are lending at 14% meaning they are unlikely to give anything above 12%. Throw in the management fee and any money market doing between 10-11% is returning good value. Sanlam is also part of a very large group that is very liquid. S'il vous plaît, merci. You will be left holding monkeys as the subsidiary fold yet the mother is good and going strong!!!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
|
Rank: Elder Joined: 2/16/2007 Posts: 2,114
|
Ebenyo wrote:Chaka wrote:S.Mutaga III wrote:Which is the best money market fund in Kenya? Anyone with experience with either cic,britam or old mutual? I have experience with cic and old mutual and judging from the daily yields as given in the daily papers old mutual would come in last..I would vouch for cic.. Customer care of CIC is wanting. I agree with the above sentiment..
|
|
|
Wazua
»
Investor
»
Bonds
»
Best Money Market fund in Kenya
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|