Money market fund · USD · Nabo Capital

Nabo USD Money Market Fund rate today

6.04%

You keep 5.13% after 15% withholding tax, and -1.47% after 6.7% inflation.

Rates as of 22 Oct 2026

Gross yield
6.04%
Net after 15% WHT
5.13%
Real, after 6.7% inflation
-1.47%
Minimum investment
USD 100
Management fee
2.25%
Rank by yield
#60 of 161

On a USD 100,000 balance that is roughly USD 906 a year going to withholding tax.

Questions people ask about Nabo USD Money Market Fund

What is the current Nabo USD Money Market Fund rate?
Nabo USD Money Market Fund is quoting 6.04% 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 Nabo USD Money Market Fund?
Kenyan money market fund interest carries 15% withholding tax, deducted at source. The advertised 6.04% is therefore 5.13% in practice. On USD 100,000 that difference is about USD 906 a year.
What is the minimum investment for Nabo USD Money Market Fund?
Nabo USD 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 Nabo USD Money Market Fund?
Nabo USD Money Market Fund is managed by Nabo Capital, a fund manager licensed by the Capital Markets Authority. Fructa tracks every CMA licensed collective investment scheme that publishes a rate.
Is Nabo USD Money Market Fund better than Etica Money Market Fund -USD or Cytonn Money Market Fund USD?
Today Nabo USD Money Market Fund pays 6.04%, 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 Nabo USD 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.