Money market fund · USD · Absa Unit Trust Funds

ABSA Dollar Money Market Fund rate today

3.35%

You keep 2.85% after 15% withholding tax, and -3.61% after 6.7% inflation.

Rates as of 22 Oct 2026

Gross yield
3.35%
Net after 15% WHT
2.85%
Real, after 6.7% inflation
-3.61%
Minimum investment
USD 100
Rank by yield
#79 of 161

On a USD 100,000 balance that is roughly USD 502 a year going to withholding tax.

ABSA Dollar Money Market Fund rate history

Last quoted rate in each month, from Fructa’s daily record.

MonthGrossNet after 15% WHT
5 Jul 20263.35%2.85%
30 Jun 20263.97%3.37%

Questions people ask about ABSA Dollar Money Market Fund

What is the current ABSA Dollar Money Market Fund rate?
ABSA Dollar Money Market Fund is quoting 3.35% gross. Fructa records the rate every weekday, so this figure is the most recent one published rather than an annual average.
How much do you actually keep from ABSA Dollar Money Market Fund?
Kenyan money market fund interest carries 15% withholding tax, deducted at source. The advertised 3.35% is therefore 2.85% in practice. On USD 100,000 that difference is about USD 502 a year.
What is the minimum investment for ABSA Dollar Money Market Fund?
ABSA Dollar Money Market Fund requires a minimum of USD 100 to open. Minimums vary widely between Kenyan funds, from a hundred shillings to six figures, and a higher minimum does not reliably buy a higher yield.
Who manages ABSA Dollar Money Market Fund?
ABSA Dollar Money Market Fund is managed by Absa Unit Trust Funds, a fund manager licensed by the Capital Markets Authority. Fructa tracks every CMA licensed collective investment scheme that publishes a rate.
Is ABSA Dollar Money Market Fund better than Etica Money Market Fund -USD or Cytonn Money Market Fund USD?
Today ABSA Dollar Money Market Fund pays 3.35%, Etica Money Market Fund -USD 6.45% and Cytonn Money Market Fund USD 6.30%, all gross. Compare every fund on the rates page.
Is ABSA Dollar Money Market Fund a good place to keep money?
That depends on what you are comparing it against and what you need the money for. The yield matters, but so do the minimum, the fee, how quickly you can withdraw, and whether the return beats inflation once tax is taken. Fructa shows gross, net and real side by side for every fund so the comparison is like for like.

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Rates come from fund managers, factsheets, the CBK and the CMA, for information only. Not investment advice.