Best money market funds in Kenya, June 2024

Average rate each fund paid · 3 KES money market funds

June 2024 · average
16.89%
Lofty Corban Money Market Fund KES led the month, ahead of Madison (15.56%) and Jubilee (15.31%)
Median15.56%
vs May+0.13 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 May
1Lofty Corban Money Market Fund KESLofty Corban Unit Trust Scheme16.89%14.36%
2Madison Money Market FundMadison Unit Trust Funds15.56%13.22%-0.00
3Jubilee Money Market Fund KESJubilee Unit Trust Scheme15.31%13.01%+0.01

Questions people ask

Which money market fund paid the most in June 2024?
Lofty Corban Money Market Fund KES, averaging 16.89% gross across the month, ahead of Madison Money Market Fund (15.56%) and Jubilee Money Market Fund KES (15.31%).
Did rates rise or fall in June 2024?
The median money market fund averaged 15.56%, up 0.13 points from May.
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

July 2024May 2024April 2024March 2024All of 2024

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