Kenyan investors look beyond money market funds as returns fall
- Kenya's average money market fund returns fell to 9.3% after fees, down from 9.9% a year earlier.
- 20 out of 26 money market funds recorded lower annualized returns by October 15, 2026.
- The share of special funds in Kenya's collective investment scheme market rose to 26.6% in June 2026.
The decline in MMF returns indicates a significant shift in investor preferences towards special funds, which could lead to increased competition and innovation in the investment market. However, the associated risks with special funds necessitate careful consideration by investors, highlighting the importance of education and transparency in investment choices.
