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Originally published by Kenyans
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September 10, 2026
1h ago

CMA Reveals Where Kenyans Are Rushing to Invest as MMFs Lose Ground

CMA Reveals Where Kenyans Are Rushing to Invest as MMFs Lose Ground

The CMA report also showed that investors were increasingly turning to foreign-currency-denominated funds, particularly dollar and sterling pound funds...

✨ Key Highlights

Kenyans are shifting their investment strategies, with Special Funds and Fixed Income Funds experiencing more significant growth than traditional Money Market Funds (MMFs) in the second quarter of 2026.

  • Special Funds grew by 24% and Fixed Income Funds by 15%, while MMFs saw only 4% growth.
  • The Capital Markets Authority (CMA) reported this trend in their Collective Investment Schemes (CIS) Quarterly Report.
  • Investor preference has shifted as MMFs' dominance has decreased from 90% in 2020 to 48% by June 2026, with foreign-currency-denominated funds also showing increased popularity.

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