Lofty Corban Special Money Market Fund rate today

Questions people ask about Lofty Corban Special Money Market Fund

What is the current Lofty Corban Special Money Market Fund rate?

Lofty Corban Special Money Market Fund is quoting 8.92% 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 Lofty Corban Special Money Market Fund?

Kenyan money market fund interest carries 15% withholding tax, deducted at source. The advertised 8.92% is therefore 7.58% in practice. On KES 100,000 that difference is about KES 1,338 a year.

Who manages Lofty Corban Special Money Market Fund?

Lofty Corban Special Money Market Fund is managed by Lofty Corban Unit Trust Scheme, a fund manager licensed by the Capital Markets Authority. Fructa tracks every CMA licensed collective investment scheme that publishes a rate.

Is Lofty Corban Special Money Market Fund better than Lofty Corban Private Debt Special Fund or Etica Special Fund Wealth Fund?

Today Lofty Corban Special Money Market Fund pays 8.92%, Lofty Corban Private Debt Special Fund 14.23% and Etica Special Fund Wealth Fund 13.38%, all gross. Compare every fund on the rates page.

Is Lofty Corban Special 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.

Other special funds in KES

All KES special funds today

• Lofty Corban Private Debt Special Fund14.23%
• Etica Special Fund Wealth Fund13.38%
• Dry Associates Special Fund High Yield Fund KES12.47%
• Madison Wealth Special Fund11.61%
• Old Mutual Special Fixed Income11.37%
• AA Kenya Special Fund7.34%