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Home Investments

CMMF: A smart investment for April and Quarter 2

Teresiah Ngio by Teresiah Ngio
April 11, 2025
in Investments, Money
Reading Time: 2 mins read

As the week winds down and April settles in, Friday is the perfect time to pause and refocus your financial goals for Quarter 2. Whether you’re planning for a short-term project, saving for a rainy day, or looking to grow idle funds, the Cytonn Money Market Fund (CMMF) offers a reliable solution—daily interest, easy access, and low-risk investing.

According to audited results from Cytonn Asset Managers Limited (CAML), the CMMF recorded a 250% growth in profitability for the year ending December 31, 2024. Profits rose from KES 27.0 million in 2023 to KES 94.9 million in 2024, driven by strategic asset allocation, rising interest rates, and increased investor participation. Assets under management more than doubled, reaching KES 1.1 billion.

“The fund’s strong growth shows a rising demand for accessible investment vehicles that also offer consistent returns,” said Winnet Momanyi, Investment Analyst at CAML. “CMMF is designed for investors who want to earn daily returns while maintaining liquidity and control.”

Regulated by the Capital Markets Authority (CMA), the Cytonn Money Market Fund invests in government securities, fixed deposits, and other short-term instruments. Investors enjoy daily compounding interest and can manage their funds seamlessly through the Cytonn App or USSD code *809#, available 24/7.

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Fridays are often a time for reflection and planning. This April, consider aligning your weekly wrap-up with a financial reset. A simple investment in CMMF could mean turning idle funds into productive capital without the stress of long-term commitments or market volatility.

To get started, download the Cytonn App from the Google Play Store or Apple Store, or dial *809#. Make your money work for you—starting today.

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