Sharp Daily
No Result
View All Result
Friday, October 31, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home Investments

April action plan: Save, invest & earn daily with CMMF

Teresiah Ngio by Teresiah Ngio
April 9, 2025
in Investments, Money
Reading Time: 2 mins read

As the second quarter of the year begins, April presents a timely opportunity for individuals to re-evaluate their financial habits and adopt practical strategies for saving and investing. With increased focus on financial discipline and growth, the Cytonn Money Market Fund (CMMF) offers a structured solution for those seeking consistent and low-risk returns.

According to the recently released 2024 financial results, CMMF recorded a 250% increase in profitability, with earnings rising from KES 27 million in 2023 to KES 94.9 million in 2024. This growth was largely driven by favorable market conditions, increased interest rates, and a 130% rise in assets under management to KES 1.1 billion.

“One of the key drivers of this performance was our commitment to prudent investment decisions and offering accessible digital investment tools through platforms like the Cytonn App,” said Winnet Momanyi, Investment Analyst at Cytonn Asset Managers Limited.

The CMMF invests in short-term, low-risk securities such as treasury bills, fixed deposits, and commercial papers. It is structured to provide daily interest credited to investors’ accounts, allowing consistent growth without locking in capital. With returns of up to 16% per annum, the fund continues to attract savers looking for better alternatives to traditional bank deposits.

RELATEDPOSTS

How Kenya’s bond market boom could benefit everyday investors

October 29, 2025

How regular investing builds lasting wealth

October 28, 2025

For individuals looking to start or improve their savings habits this April, Cytonn emphasizes three key steps: automate your savings, stay consistent, and monitor your returns regularly. Through the Cytonn App and USSD code *809#, users can invest, withdraw, and track their earnings in real-time.

“April is an ideal time to reassess your financial goals and align your money with strategies that offer both security and return,” added Momanyi. “CMMF provides that balance by ensuring liquidity and competitive interest.”

To start your April savings and investment plan, download the Cytonn App from the Google Play Store or Apple Store or dial *809# to begin earning daily returns with the Cytonn Money Market Fund.

Previous Post

Kenya considers social media feedback in national budget process

Next Post

Kenya eyes opportunity amid U.S. tariff shake-up

Teresiah Ngio

Teresiah Ngio

Related Posts

Analysis

Artificial intelligence in marketing: when AI becomes the brand

October 31, 2025
Analysis

Why saving in a money market fund beats a regular bank account

October 30, 2025
Money

Building Financial Stability Through the Cytonn Money Market Fund

October 30, 2025
Analysis

How Kenya’s bond market boom could benefit everyday investors

October 29, 2025
Business

Kenya inflation 2025: What steady prices mean for your savings and best investment options

October 31, 2025
Money

Building trust and convenience in modern finance

October 29, 2025

LATEST STORIES

Artificial intelligence in marketing: when AI becomes the brand

October 31, 2025

CBK reopens treasury Bonds

October 31, 2025
Police recruitment Kenya

Court halts police recruitment in Kenya over constitutional breach

October 31, 2025

How Fixed Income and Equities Shape Pension Scheme Returns in Kenya

October 31, 2025

How to Maximize Returns from the Cytonn Money Market Fund

October 31, 2025

How can Kenya ease energy costs for vulnerable households

October 30, 2025

Domestic investors drive NSE recovery as foreign activity slows

October 30, 2025

Kenya’s “too stable” shilling: Market confidence or policy management?

October 30, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024