Investment Committee
As part of its strong governance framework, we have an Investment Committee comprising of senior members of management..
Cashmind Managers Investment Committee decisions are guided by Investment Policy Statements (IPS), which represent the broad outlines of investment principles and strategies adopted in managing these different portfolios. An IPS, among
other things, defines the strategic asset allocation between asset classes such as government securities, corporate debt securities, bank fixed deposits, equities, offshore, property and cash.
Our primary investment objectives are capital preservation first and return on investment second based on a judicious balance of diversification, liquidity and forward-looking research. The IPSs of different portfolios articulate
the level of risk tolerance from low to moderate.
Money Market Fund
Cashmind Money Market Fund (KES) aims to provide safety and income over the short to medium term by investing in a diversified portfolio of fixed income securities with the maturities being typically less than 18 months. The fund composition includes bank deposits, Kenyan treasury bills and (short-dated) treasury bonds, commercial paper and other near cash equivalents with defined maximal asset allocations.
Further, the fund is structured for investment of money for an indefinite time; with interest income being paid out monthly, quarterly, semi-annually or annually as selected by the investor.
Pension Plans
Tailor-made for both individuals and corporates, Cashmind Managers offers a retirement benefits plan, through which individuals (in their own right) or employees of organizations can contribute and save for their retirement in a tax-efficient manner.
With over 30 years’ experience in investment management, you can be rest assured that your retirement savings will grow and be in safe hands with our award-winning pension fund. We will be introducing some new pension products later this year… because we want to make sure we cater for all your individual and corporate unique needs.