The Jubilee Money Market Fund (USD) caters to risk-averse investors seeking stable and predictable US Dollar denominated returns. The Fund invests in secure USD denominated short-term fixed and floating rate debt securities issued by sovereigns and corporates in Kenya or offshore.

• Investors seeking exposure to US Dollar denominated near cash interest bearing assets to hedge against currency risk.
• Investors who are looking for a moderate return on cash deposits in the short to medium term with capital preservation and liquidity being a priority.
• Investors who wish to switch from a high-risk to a low-risk portfolio, to hedge against market volatility
• Investors seeking to take advantage of the high US Dollar interest rate environment

• Competitive Returns: The Fund delivers higher returns than USD bank deposits.
• Diversification: Investors can diversify their investments and reduce exposure to local currencies denominated assets.
• Liquidity: The Fund is highly liquid and allows investors to retrieve funds with ease.
• Stability and Safety: The Fund is required by Capital Market Regulations to invest in short maturity, low risk investments making it less volatile.
• Tax-exempt Fund: The Fund is registered as a tax-exempt fund on income and capital gains. Distributions to investors are subject to 15% withholding tax.