Ndovu Wealth launches multi-asset fund targeting global exposure
The fund, approved by the Capital Markets Authority, is denominated in both Kenya shillings and US dollars and targets medium to long-term investors with moderate risk appetite Kenya breaking news | Kenya news today |..
✨ Key Highlights
Ndovu Wealth Limited has launched the Kibaba Multi-Asset Special Fund, a new investment vehicle providing Kenyans with diversified global exposure. The fund aims to meet the increasing demand for offshore investment opportunities among local investors.
- Minimum investment is set at Sh250,000 for the local currency option and $2,500 for the USD option.
- Key organizations involved include Ndovu Wealth Limited, the Capital Markets Authority, DTB Kenya Limited (custodian), and Kingsland Court (trustee).
- The fund invests across various global asset classes like equities, fixed income, REITs, ETFs, and commodities, with portfolio allocations adaptable to market trends.
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SBM Launches App to Teach Children Money Skills - March 2026
SBM Bank Kenya has launched the Busara Banking App, a digital platform designed to teach children about saving, spending, and financial responsibility. This initiative targets youth financial literacy at an early age. Ndovu Wealth Limited has launched the Kibaba Multi-Asset Special Fund, providing Kenyans with diversified global exposure for offshore investment opportunities among local investors. An analysis piece highlights that while Kenya boasts high financial inclusion, young Kenyans struggle with wealth creation due to a lack of financial discipline, not access, emphasizing the shift from knowing about financial products to adopting consistent saving and investing habits.
