Best money market funds in Kenya, May 2024

Average rate each fund paid · 2 KES money market funds

May 2024 · average
15.56%
Madison Money Market Fund led the month, ahead of Jubilee (15.30%)
Median15.43%
vs April+0.32 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 Apr
1Madison Money Market FundMadison Unit Trust Funds15.56%13.23%
2Jubilee Money Market Fund KESJubilee Unit Trust Scheme15.30%13.01%+0.19

Questions people ask

Which money market fund paid the most in May 2024?
Madison Money Market Fund, averaging 15.56% gross across the month, ahead of Jubilee Money Market Fund KES (15.30%).
Did rates rise or fall in May 2024?
The median money market fund averaged 15.43%, up 0.32 points from April.
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

June 2024April 2024March 2024February 2024All of 2024

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