Genghis Capital has assured Kenyan investors with cash into the Mali Market Fund that their investments are safe, secured, and well-taken care of to make sure that they continue earning interest just like any other fund without any interruptions contrary to what had been speculated.
There have been concerns among Kenyan investors over the future of the Mali Money Market Fund (Mali MMF) after Safaricom, a key partner in the running of the fund launched another rival fund called ZIIDI. Safaricom has since remained mute about Mali but Genghis Capital says, “There is nothing to worry about.”
“Mali is still an active product and continues to operate as usual. There have been no changes to the management or operational structure of the fund. We continue to manage the fund with our experienced team, ensuring stability, growth, and competitive returns,” said Genghis while replying to a concern raised by an investor online.
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On whether the cash within Mali was safe, Genghis Capital said that the funds are held by a custodian and overseen by an independent trustee. “This guarantees a clear separation between the client assets and operations, safeguarding your investments at all times,” added the investment firm.
MALI is a Money Market Fund approved by the Capital Markets Authority that allows M-PESA customers to invest in Unit Trust from as low as 100 shillings and earn daily interest. The fund became an instant hit with Kenyans rushing to invest for the appetizing daily interests.
“Our investors should know that we are committed to the growth and evolution of Mali Money Market Fund. Our team is tirelessly looking into more ways of enhancing investor benefits through innovative financial strategies while maintaining our core focus on safety, liquidity, and good returns,” said the firm.
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