That's correct, it's treated in a case by case scenario if you faced an issue but if you want to get back with the earned interest/return for that period like the MMF, you won't get that before the lock-in period is over
I will share more details into this but just that you know, in January/February he said that Kenya won't repay the Euro Bond, but it did. He said the economy would have collapsed by June/July, it didn't. He said that the dollar would shoot from 160 where it was to over 200 by July, it did the opposite. We'll look more into this but till now, I'll leave this to you to judge on the probable outcome.
Tge mgt fee is commensurate to the returns given.Those with 2% mgt fee give 10% net returns.Mansax with 5% mgt fee giving 18% net is far much better.Again the fee is prorated over the year
Keep in mind mansa x as unit trust ranked number 3 in terms of market capitalisation a very rapid growth, for those still investing in government security their is no diversification, fixed income, mmf, bond and bill are debt instruments under one current ruto regime power
Thank you Bryan .Mansax Is the best decision ever made.
Hey Tushiya, you're welcome
So good to hear that..💪🏽💪🏽💪🏽
💯 I especially like it given return is net of both fees and taxes.
Thanks very much
You're welcome Millicent
Short and clear... session imecome poa yobra... kesho tuchapiane
Thanks sana brother
Pamoja Tena sana 💪🏽💪🏽💪🏽
Brian. MansaX allows withdrawal from the fund in case of emergency but with no return on your deposit.
That's correct, it's treated in a case by case scenario if you faced an issue but if you want to get back with the earned interest/return for that period like the MMF, you won't get that before the lock-in period is over
Thank alot for this information, it's my first time to hear about it.
@@agneskatumbikavoi5990good one,
For those already with MansaX, would you recommend joining Oak Special Fund just to spread the risk a little bit more?
@@liechgumbo4827oak special fund works like mansax, though it's new.I will watch it for a year before trying it
Now how are the overheads deducted? On the capital gains? How is it prorated?
It's on the principal and yes it's prorated which is basically like the management fee divided by the entire year.
Thanks
Welcome..
Lilian I appreciate your kind feedback
Compounding is Monthly or quarterly.?
Quarterly..
@MoneyVersations I think it's daily only reporting is quarterly
Compounding is done daily
Wanjigi says in the next 3-6 months kenya will have to default on it's debt.domestic debts will be more affected. Do some research and advise us
I will share more details into this but just that you know, in January/February he said that Kenya won't repay the Euro Bond, but it did. He said the economy would have collapsed by June/July, it didn't. He said that the dollar would shoot from 160 where it was to over 200 by July, it did the opposite. We'll look more into this but till now, I'll leave this to you to judge on the probable outcome.
Wanjigi doesn't work in CBK,,he is talking politics.He has been saying so since 2022 and we are used to it
@MoneyVersations incase more red flags come up apart from the current shortage of notes in banks tuchanue ASAP
Tge mgt fee is commensurate to the returns given.Those with 2% mgt fee give 10% net returns.Mansax with 5% mgt fee giving 18% net is far much better.Again the fee is prorated over the year
Well put
Keep in mind mansa x as unit trust ranked number 3 in terms of market capitalisation a very rapid growth, for those still investing in government security their is no diversification, fixed income, mmf, bond and bill are debt instruments under one current ruto regime power
That's correct and the growth is over 5yrs not just the past quarter
I would advise that you try mansax,MMFs,bonds,bills.Diversify as much as you can
Please how can foreigner join please
Foreigners are also allowed to join as well. Use the link on the description to get more info
Is ndovu FUND Legit
Yes they are licenced as well
Hii ni ya maSonko
Apana aki. Ongea nao watakuskiza
Hahahaa.. tutafika huko tu bro. Twende na baby steps..tutawahi pia halafu Kuna plans to lower entry level
@@MoneyVersations lowering entry level will be a good idea
Hapana sio Ya masonko, wewe ingia halafu utaona matunda😀😀