Britam launches KidNest investment account for children

The account allows parents and guardians to start investing with Sh1,000, with additional contributions from Sh100. It is available for children from birth to 25 years...

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Britam Asset Managers has launched KidNest, a new investment account designed to encourage early savings and investing for children in Kenya.

Parents can start investing with as little as Sh1,000, with additional contributions from Sh100, for children aged birth to 25 years.
The product is a response to challenges in Kenya regarding savings and financial literacy, where only 42.1 percent of adults demonstrated high financial literacy in a recent survey.
Britam Group Managing Director and CEO Tom Gitogo highlighted the advantage of early investment for wealth building through compounding.

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