The Capital Markets Authority (CMA) has issued a public advisory cautioning Kenyans investing in Money Market Funds (MMFs) and shares to conduct thorough due diligence. The CMA warns against fraudsters promising unrealistic returns and urges investors to verify firms on its official website, clarifying that it never requests payments via WhatsApp or SMS.

• The CMA advises investors to verify firms on its official website and to reach out via DM or email at complaints@cma.or.ke for concerns.
• CIC Money Market Fund recorded the highest Assets Under Management (AUM) at Ksh81.8 billion, representing a 25.6 percent market share.
• Sanlam Money Market Fund followed with Ksh72.2 billion, securing a 22.6 percent market share.