Sharp Daily
No Result
View All Result
Sunday, July 27, 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

All you need to know about the Cytonn Money Market Fund

May 16, 2025

May Momentum: Planting seeds for financial growth with CMMF

May 15, 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

Transferring Your Retirement Benefits Between Pension Schemes in Kenya

July 23, 2025
Investments

Invest in stability: introducing the Cytonn USD money market fund

July 18, 2025
Money

The Importance of Asset Diversification on Kenyan Pension Funds

July 18, 2025
Analysis

Park your money where it grows: Why more Kenyans are turning to Cytonn Money Market Fund

July 16, 2025
Money

Why Employers Should Prioritize Pensions Over One-Time Gratuity Payments

July 10, 2025
Analysis

Nvidia becomes the first company globally to hit USD 4.0 trillion market value

July 10, 2025

LATEST STORIES

Shri Krishana Overseas lists on NSE

July 25, 2025

Why young professionals should care about pensions

July 23, 2025

How Kenya can reinforce fiscal rules to prevent recurrent budget overruns

July 23, 2025
commercial illustrator

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025

Transferring Your Retirement Benefits Between Pension Schemes in Kenya

July 23, 2025

Invest in stability: introducing the Cytonn USD money market fund

July 18, 2025

The Importance of Asset Diversification on Kenyan Pension Funds

July 18, 2025

Park your money where it grows: Why more Kenyans are turning to Cytonn Money Market Fund

July 16, 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