ETICA FIXED INCOME FUND
(USD)
Etica Fixed IncomeFund (USD)
The investment objective of the Etica Fixed Income Fund-USD is to obtain a high level of current income while protecting investor’s capital.
The fund aims to outperform the income yield available on money market instruments and fixed deposit accounts by holding a diversified portfolio of securities
| Key Facts | |
|---|---|
|
Currency |
USD |
|
Initial Fees |
NIL |
|
Management Fee |
2.0% |
|
Benchmark |
Average 3 months USD Deposit rate for Tier I banks + 0.25% p.a |
|
Min. Investment Amount |
USD 100.0 |
|
Min. Top-up |
USD 50.0 |
|
Initial Lock-in period |
30 days |
|
Withdrawal Period |
Withdrawal paid within 3 working days |
|
Income Distribution |
Income published and distributed daily |
|
Investment Risk Profile |
Low risk |
|
Custodian |
Equity Bank Kenya Ltd |
|
Trustee |
Co-operative Bank Kenya Ltd |
|
Fund Manager & Fund Administrator |
Etica Capital Ltd |
|
Regulator |
Capital Markets Authority |
Disclaimer: Yield Shown is net of all fees but gross of withholding tax. The past performance is no indication of future performance as the price of units may go up as well as down. The Capital Market Authority does not take responsibility for the financial soundness of the schemes or the correctness of any statements made or opinions expressed.