Best money market funds in Kenya, December 2023

Average rate each fund paid · 2 KES money market funds

December 2023 · average
13.59%
Lofty Corban Money Market Fund KES led the month, ahead of Jubilee (13.31%)
Median13.45%
vs November+0.34 pts
Money market fundsUSD money market fundsFixed income fundsSpecial funds

The median rate, month by month

Nov 25Jan 26Mar 26May 26Jul 26Sep 26Oct 26
#FundAverageNet (15% WHT)vs Nov
1Lofty Corban Money Market Fund KESLofty Corban Unit Trust Scheme13.59%11.55%
2Jubilee Money Market Fund KESJubilee Unit Trust Scheme13.31%11.31%+0.20

Questions people ask

Which money market fund paid the most in December 2023?
Lofty Corban Money Market Fund KES, averaging 13.59% gross across the month, ahead of Jubilee Money Market Fund KES (13.31%).
Did rates rise or fall in December 2023?
The median money market fund averaged 13.45%, up 0.34 points from November.
How is the monthly average worked out?
Every day of the month counts, using the rate each fund had published on that day. Weekends carry Friday's rate.

Other months

January 2024November 2023October 2023September 2023All of 2023

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