Sharp Daily
No Result
View All Result
Monday, October 6, 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

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.

RELATEDPOSTS

Post-September review: What CMMF did and what’s next

September 26, 2025

CMMF at a glance: Competitive returns & easy access for every investor

September 19, 2025

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.

Previous Post

Audit exposes KES 1.4 billion in irregularities at women enterprise fund

Next Post

Police Launch Probe Into Alleged Misconduct at National Drama Festival

Teresiah Ngio

Teresiah Ngio

Related Posts

Analysis

Kenya Pipeline Company IPO

October 3, 2025
Investments

Post-September review: What CMMF did and what’s next

September 26, 2025
Investments

CMMF at a glance: Competitive returns & easy access for every investor

September 19, 2025
Analysis

Alternative investments: Opportunities and risks

September 12, 2025
Investments

Mid-September momentum: CMMF posts strong yields and growing trust

September 12, 2025
Analysis

Why knowing your pension exit options matters, especially in the public sector

September 5, 2025

LATEST STORIES

The Role of Micro-Pensions Plans in Kenya

October 3, 2025

Understanding the link between international aid and cooperative finance stability in Sub-Saharan Africa

October 3, 2025

Kenya Pipeline Company IPO

October 3, 2025

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025

Kenya’s Regulated SACCOs Cross Trillion Shilling Mark

October 2, 2025

Post-September review: What CMMF did and what’s next

September 26, 2025

Strengthening water utilities through efficiency and accountability

September 26, 2025

Retirement Benefits Schemes Trustee Governance in Kenya

September 26, 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