STANLIB MONEYMKT LOGO

The STANLIB Money Market Fund, a collective investment scheme that aims to maximize income while preserving capital and ensuring liquidity of invested funds.

FEES

Initial fee: Nil

Annual management fee: 2%

Minimum Investment: Ksh. 10,000

Minimum Additional Investment: Ksh. 5,000

FUND MANAGER

Fund managers are market professionals who promulgate analysis and research on capital markets securities, and advise investors on such securities at a commission.

They also manage portfolios of securities on behalf of clients pursuant to a contract.

STANLIB Kenya Limited

1st Floor, Liberty House Nyerere Road

P.O. Box 30550 – 00100 Nairobi, Kenya

Tel: +254 20 326 8569

Email: customercare.kenya@stanlib.com

TRUSTEE

A trustee has to be either a bank or financial institution. The trustee has to ensure that the custodian takes into custody all the CIS assets, and ensure it is well managed by the fund manager as per agreement of service.

Activities of this fund are overseen by Co-op Bank:

The Co-operative Bank of Kenya Limited

Co-operative House Haile Selassie Avenue

P.O. Box 48231 – 00100 Nairobi, Kenya

Tel: +254 703 027 000

CUSTODIAN

The custodian must either be a bank or a financial institution and has to be approved by Capital Markets Authority ( CMA ) to hold in custody funds, securities, financial instruments or documents of title to assets registered in the name of local investors, East African investors, or foreign investors or of an investment portfolio.

The funds are held by Co-op bank:

The Co-operative Bank of Kenya Limited

Co-operative House Haile Selassie Avenue

P.O. Box 48231 – 00100 Nairobi, Kenya

Tel: +254 703 027 000

AUDITOR

KPMG Kenya

8th Floor, ABC Towers ABC Place, Waiyaki Way

P. O. Box 40612 – 00100 Nairobi, Kenya

Tel: +254 20 280 6000

APPLICATION FORMS

To open a money market fund account with Stanlib, download the any of the forms below.

APPLICATION REQUIREMENTS

1. Individual

Identity document OR Valid passport

Proof of physical residential address Authority to act (if applicable): power of attorney/letter of appointment from the court and authorised signatories’ resolution (if more than one) (If applicable) Identity document, physical residential address and contact details of persons authorised to act Unabridged birth certificate for minors (under 18 years) Bank statement (not older than 3 months)

2. Company

Certificate of Incorporation Authority to act : Directors’ resolution Directors resolution giving names of authorised signatories Identity document, physical residential address and contact details of principal executive officer of company, of persons authorised to act and of persons holding more than 25% of voting rights in company Proof of physical business address Bank statement (not older than 3 months) PIN certificate

PAYMENT AVENUES

1. Bank Payment

  • Account Name: STANLIB Unit Trust Inflow Account

  • Account Number: 0105016783900

  • Bank: Standard Chartered Bank Kenya Limited

  • Branch Name: CSC Head Office

  • Branch Code: 078

  • Clearing code: 02

  • Swift Code: SCBLKENXSSU

2. MPESA payment

  • Paybill number : 974051

CONTACTS

STANLIB Kenya

CfC House, 1st Floor, Nyerere Road, Nairobi, Kenya

P O Box 30550-00100, Nairobi, Kenya

Tel: +254 (20)3268 508

Fax: +254 (20)2247 285

Website: stanbicinvestments.stanbic.co.ke