Amana Growth Fund

GROW SAVINGS

Saving Objective:

To generate long term growth of savings above the long-term
average inflation for future investment in a tax efficient
manner.

Advantages:

  1. High long-term growth above standard saving accounts
  2. Outperforming inflation and government security
  3. Faster growth of savings for bigger investments in future
  4. Easy to liquidate (maximum 3 days)

Who should board this vehicle:

  1. Board this vehicle if you are saving for long-term goals 36
    months and beyond
  2. Your risk tolerance is above average
  3. You are below the age of 35
  4. You are a pension fund, a trust or foundation

What do we do with your savings?

Up to 70% of the market value of the fund may be invested in a
diversified portfolio of common stocks of companies listed on an
organized exchange (such as the Nairobi Stock Exchange). The
balance of the fund’s assets shall be invested in short to
medium term fixed income securities.

For more information read the information memorandum
here

Amana Balanced Fund

ACCUMULATE SAVINGS

Saving Objective:

To accumulate savings, with one eye on moderate growth and the
other on reasonable safety of funds. Provides the best of growth
fund and shilling fund, growth and monthly income.

Advantages:

  1. High medium-term growth above standard saving accounts
  2. Outperforming inflation and government security
  3. Provides monthly income for accumulating or use to meet
    monthly needs
  4. Easy to liquidate (maximum 3 days)

Who should board this vehicle:

  1. Board this vehicle if you are saving for medium-term goals 24
    months and beyond
  2. You have a moderate risk tolerance
  3. You are below the age of 50
  4. You are a pension fund, a trust or foundation

What do we do with your savings?

At least 40% of the market value of the fund will be invested in
a diversified portfolio of Government of Kenya Treasury bonds
and corporate bonds. The average term to maturity of the bond
holdings will normally be two and five years. At least 20% of
the balance of the fund’s assets shall be invested in short term
fixed income instruments and At least 40% will be invested in
equities listed in a regulated exchange primarily in east, west,
south africa.

For more information read the information memorandum
here

Amana Shilling Fund

PRESERVE SAVINGS

Saving Objective:

To provide efficient inflation protection on your accumulated
savings, with a steady monthly income

Advantages:

  1. Outperforming inflation and government security
  2. Provides monthly income for accumulating or use to meet
    monthly needs
  3. Easy to liquidate (maximum 3 days)
  4. Provides a vehicle for pension annuities

Who should board this vehicle:

  1. Board this vehicle if you are saving for short-term goals 12
    months and below
  2. You want to preserve capital and earn a monthly income
  3. You have a very low risk tolerance
  4. You are above the age of 50
  5. You are a pension fund, a trust or foundation

What do we do with your savings?

The goal of the fund is to achieve a high degree of safety of
capital by investing through a diversified portfolio consisting
of Treasury Bills issued by the Governments of Kenya, Uganda and
Tanzania, commercial paper programs, bank deposits and bankers’
acceptances. The average period to maturity of such securities
shall not exceed 12 months.

For more information read the information memorandum
here

MyPENSION

SAVE FOR RETIREMENT

Saving Objective:

To provide efficient tax and inflation protection on your
accumulated savings, Whilst generating long term growth.

Advantages:

  1. Flexible contributions for retirement planning
  2. Affordable monthly contributions for all individuals
  3. Tax benefits on tax allowable contributions
  4. All income accumulates tax free

Who should board this vehicle:

  1. Board this vehicle if you are saving for retirement and you
    want to access the funds during retirement

What do we do with your savings?

Funds are invested as per RBA guidelines.

For more information read the information memorandum
here