Cytonn Money Market Fund | Is it the Best Money Market Fund?

Поділитися
Вставка
  • Опубліковано 21 вер 2024

КОМЕНТАРІ • 70

  • @esthernjeru8742
    @esthernjeru8742 4 місяці тому +3

    Lofty corban,is a new one barely two years,have very good rates. Regulated by the CMA,runned under christian based values. Do your due diligence,seek guidance and direction and trust your guts.

    • @mutualex-youtube
      @mutualex-youtube 2 місяці тому

      The ""new aspect of it gives me chills

    • @sostomc
      @sostomc Місяць тому +1

      Christian based values?

    • @sarahwanjiru191
      @sarahwanjiru191 Місяць тому

      'Christian based' the worst pick up line.

  • @alexomondi384
    @alexomondi384 Рік тому +5

    I like your presentation.
    My question is, how long should I start seeing changes on the units I have bought in the Cytonn MMF through the app?

    • @MoneyVersations
      @MoneyVersations  Рік тому +3

      Thank you so much Alex. To answer your question, you will start seeing changes in your units from the following day. If you deposit on Monday it will start investing the money on Tuesday and after midnight Tuesday you will see the changes to your units. Every day thereafter you will be seeing your daily returns updating

  • @fridachebet9808
    @fridachebet9808 Рік тому +2

    I use their money market like my wallet ,very convenient since 2020

    • @MoneyVersations
      @MoneyVersations  Рік тому +1

      That's awesome Fridah...and yes they are very convenient. It's the amazing side people don't know about apart from all the wrong news on media

  • @enocksimiyu9027
    @enocksimiyu9027 Рік тому +2

    They're legit l tried them back in the years with mmf l withdrawal my money safely with my witholding tax .

    • @MoneyVersations
      @MoneyVersations  Рік тому

      Correct 💯. I have not experienced any glitch to date as well

    • @lucksonomari4999
      @lucksonomari4999 Рік тому

      @@MoneyVersations mkundu wewe umelipwa na cytonn . Watu wengi wamepoteza pesa huko and I know a relative who lost 1.25 million. Cytonn are a Fraud!

    • @glitteryroses
      @glitteryroses 11 місяців тому

      ​@@lucksonomari4999through money market funds?

  • @lyndachalker3430
    @lyndachalker3430 2 місяці тому +1

    What's the difference between Cytonn as an Mpesa on steroids and Mali?

    • @MoneyVersations
      @MoneyVersations  2 місяці тому

      Cytonn offers investment, till n paybill on the go in one step..however, the cost makes it not a good consideration in my opinion as at now making Mali come out better in minimizing costs while bringing a return. In the future we wait to see innovation even further in this industry

  • @BeatriceBetty-nj3fw
    @BeatriceBetty-nj3fw Рік тому +4

    Many people are complaining about cytonn being a scam and still marketing itself,,,,,,I saw it from a friend,,,,,,he invested but when in need of his money,,,cytonn would not release his money with many excuses on that,,,,,but the say you can get your money automatically,,,,,

    • @BeatriceBetty-nj3fw
      @BeatriceBetty-nj3fw Рік тому

      It's seems cytonn is way to loose money not as they say

    • @MoneyVersations
      @MoneyVersations  Рік тому

      Hey Beatrice, thanks for your feedback. I hope you didn't miss the important part at the beginning of the video.

    • @IreneKoskei-c9q
      @IreneKoskei-c9q 4 місяці тому

      What of etica? I want to open MMF

  • @juliamuthoni7540
    @juliamuthoni7540 Рік тому +2

    I agree with you on the communications. I had an issue with my deposit but i called and within minutes, the problem was resolved.

  • @bonfaceshisakha8006
    @bonfaceshisakha8006 7 місяців тому +2

    Personally i will advise to avoid since they charge a monthly flat ledger fee of 50 bob on top of a 1.5% management fee which eats into one's interest. Hence if you incur monthly gross interest less than or equal the ledger fee you will be operating at a loss

    • @MoneyVersations
      @MoneyVersations  7 місяців тому

      Since this started, I concur with you 💯💯💯
      It doesn't make sense and is discriminatory to small account holders

    • @RealTBTKenya
      @RealTBTKenya 3 місяці тому

      Too bad they had to introduce this for accounts with less than 50k deposits. Small investors are done

  • @MsTieni
    @MsTieni 10 місяців тому +1

    Do not touch anything with a Cytonn/ Saitan & Co. label even with a 10 foot pole! Don't say you weren't warned! Nothing further to add.

    • @MoneyVersations
      @MoneyVersations  9 місяців тому

      Thanks for the feedback Tieni 🙏

    • @sarahngatia6723
      @sarahngatia6723 8 місяців тому +1

      I support you 💯...I lost money there in 2019 and I have never recovered! Still waiting to be paid!

    • @chickynuggies2739
      @chickynuggies2739 6 місяців тому

      @@sarahngatia6723unfortunate to hear. How did that happen?

    • @IreneKoskei-c9q
      @IreneKoskei-c9q 4 місяці тому +1

      I was going to open an account! Weuh! Let me keep going with MALI

  • @tushiyakey9677
    @tushiyakey9677 Рік тому +4

    I opened an account with them the last year but I left it at that. Got scared by the mongers.

    • @MoneyVersations
      @MoneyVersations  Рік тому

      Hey Tushiya, I got worried at first but they have consistently given better yields than all my other accounts and the stories out here. I suggest you save a small portion there for a while and see how it goes. You'll tell me after a couple of weeks how it goes 😊

    • @mugendikariuki7622
      @mugendikariuki7622 Рік тому

      Same mongers almost managed to tarnish stima Sacco. Check online.

  • @selyne5115
    @selyne5115 Рік тому +3

    What's your take on britam MMF

    • @MoneyVersations
      @MoneyVersations  Рік тому +1

      It's a good provider as well. As at yesterday it was at number 18 out of 25 in terms of Returns which was slightly above 9%

    • @christinekaptuya7606
      @christinekaptuya7606 Рік тому

      Very informative. What’s your take on CIC MMF

  • @Ruth-zy6ki
    @Ruth-zy6ki 8 місяців тому +1

    Please assist me on how to withdraw the money.

  • @punyizz
    @punyizz 3 місяці тому

    nacheki apa nikwa na 2000 yangu safi

  • @rgnngaleh7458
    @rgnngaleh7458 2 місяці тому

    it was sorted

  • @irenewanjira5132
    @irenewanjira5132 10 місяців тому +2

    I thought so many people lost their cash here

    • @MoneyVersations
      @MoneyVersations  10 місяців тому

      Contrary to the news, anyone with money in the money market fund has never lost a penny. The fund that is all over the news was not regulated by Capital markets authority which gave the company an opportunity to adjust the timelines depending on their liquidity status which is the problem you've heard about..but their MMF has always been regulated and is safe

  • @tonniekeith
    @tonniekeith 2 місяці тому +1

    True

  • @samuelmwangi9671
    @samuelmwangi9671 Рік тому

    I almost opened an account with them, but then again...

    • @mugendikariuki7622
      @mugendikariuki7622 Рік тому

      Then what?

    • @MoneyVersations
      @MoneyVersations  Рік тому

      Hi, I think you should. Test and see for yourself..you can start small. The cytonn money market fund is not like the other funds..watch the other video on everything you need to know about money market funds and see the layers of protection around money market fund

  • @mikemwinzi343
    @mikemwinzi343 Рік тому +4

    I wish dande would know when to stop fake charades of being an investment manager. He's not one, never been one.
    His taken advantage of less informed people to rob them of their hard earned money. He's destroyed young people dreams, devastated homes and still is up for the games. Shame shame

    • @MoneyVersations
      @MoneyVersations  Рік тому

      Hey Mike, if you don't mind reach me on WhatsApp 🙏

    • @mikemwinzi343
      @mikemwinzi343 Рік тому

      @@MoneyVersations kindly scour the internet before you promote scam business. Cytonn is a gross mistake that was allowed to exist beyond causing unnecessary grief

    • @MoneyVersations
      @MoneyVersations  Рік тому +1

      ​@@mikemwinzi343 I shared my personal experience, and how it has been the last 3 years. And I have proof. If you've lost any form of money, with them please share it here and show proof. If I lose I will share as well but till then we say what's true. Let's not be quick to crucify what we haven't tried. But again you're entitled to your opinion. Thanks for the feedback

    • @mikemwinzi343
      @mikemwinzi343 Рік тому +3

      @@MoneyVersations let's not engage in circular arguments. Don't also promote what is a questionable product/ character. Let's protect innocent Kenyans

    • @MoneyVersations
      @MoneyVersations  Рік тому +1

      @@mikemwinzi343 as long as it's truth, we'll stand with truth. Good night Mike

  • @sarahngatia6723
    @sarahngatia6723 8 місяців тому

    Plse if you want pple to follow you leave talking for cytonn plse! They have messed alot of us!

    • @MoneyVersations
      @MoneyVersations  8 місяців тому

      Hi Sarah thanks for your feedback. I stand with each and every person who was messed and we keep the fight in TRUTH till every coin and cent is repaid in full.

    • @maryagacu6481
      @maryagacu6481 8 місяців тому

      Waaah.. thanks for this I was to invest my hard savings 😢