List Of Approved Collective Investment Schemes In Kenya

This is a list of approved Collective Investment Schemes in Kenya as of 2024. A Collective Investment Scheme (CIS) is a pool of funds from various investors with a common goal. These funds are managed on behalf of investors by a professional fund manager.

Collective Investment Schemes can be money market funds, equity funds, bond/fixed income funds, balanced funds, or special funds. The idea behind Collective Investment Schemes is to pool the resources of many small savers to generate a large pool. The pooled resources are then invested in securities such as shares, bonds, real estate, or even money market instruments like treasury bills. This way, Collective Investment Schemes generate high returns while minimizing risks by diversifying their investments.

The Capital Markets Authority (CMA) is the regulatory body in charge of approving and regulating Collective Investment Schemes in Kenya. As of 2024, there are 36 approved Collective Investment Schemes.

List Of Approved Collective Investment Schemes In Kenya

Approved	Collective Investment Schemes In Kenya
1.	African Alliance Kenya Unit Trust Scheme African Alliance Kenya Money Market Fund African Alliance Kenya Fixed Income Fund African Alliance Kenya Managed Fund African Alliance Kenya Equity Fund African Alliance Kenya Enhanced Yield Fund
2.	British-American Unit Trust Scheme British-American Money Market Fund British-American Income Fund British-American Balanced Fund British-American Equity Fund.
3.	NCBA Unit Trust Funds NCBA Fixed Income Fund NCBA Equity Fund NCBA Dollar Fixed Income Fund NCBA Fixed Income Basket Note (KES Fund) NCBA Fixed Income Basket Note (USD) Fund
4.	Zimele Unit Trust Scheme Zimele Balanced Fund Zimele Money Market Fund Zimele Fixed Income Fund
5.	ICEA Unit Trust Scheme Standard Investment Equity Growth Fund Standard Investment Fixed Income Fund Standard Investment Balanced Fund.
6.	CIC Unit Trust Scheme CIC Money Market Fund CIC Balanced Fund CIC Fixed Income Fund CIC Equity Fund CIC Wealth Fund CIC Dollar Fund
7.	Madison Unit Trust Fund Madison Money Market Fund Madison Fixed Income Fund Madison Wealth Fund
8.	Dyer and Blair Unit Trust Scheme Dyer and Blair Diversified Fund Dyer and Blair Bond Fund Dyer and Blair Money Market Fund Dyer and Blair Equity Fund
9.	Amana Unit Trust Funds Scheme Amana Money Market Fund Amana Balanced Fund Amana Equity Fund
10.	Diaspora Unit Trust Scheme, Diaspora Money Market Fund Diaspora Bond Fund Diaspora Equity Fund
11.	First Ethical Opportunities Fund
12.	Genghis Unit Trust Funds GenCap Hazina Fund (Bond Fund) GenCap Eneza Fund (Diversified Fund) GenCap Hela Fund (Money Market Fund) GenCap Iman Fund (Shariah Compliant Fund) GenCap Hisa Fund (Equity Fund) GenCap Hela Imara Fund (Money Market Fund) Gencap Eneza Imara Fund Gencap Hisa Imara Fund Gencap Iman Imara Fund Gencap Fixed Income Fund
13.	Mali Money Market Fund
14.	Genghis Specialized Funds Gencap NSE25 Index Tracker Gencap Financial Services Fund.
15.	Sanlam Unit Trust Scheme Sanlam Money Market Fund Sanlam Balanced Fund Sanlam Fixed Income Fund Sanlam USD Fixed Income Fund
16.	Nabo Africa Funds Nabo Africa Money Market Fund Nabo Africa Balanced Fund Nabo Africa Fixed Income Fund Nabo Africa Equity Fund Nabo Capital Money Market Fund (USD)
17.	Old Mutual Unit Trust Scheme Old Mutual Equity Fund Old Mutual Money Market Fund Old Mutual Balanced Fund Old Mutual East Africa Fund Old Mutual Bond Fund
18.	Equity Investment Bank Collective Investment Scheme Equity Investment Bank Money Market Fund Equity Investment Bank Balanced Fund
19.	Dry Associates Unit Trust Scheme Dry Associates Money Market Fund (Kenya Shillings) Dry Associates Money Market Fund (US Dollars) Dry Associates Balanced Fund (Kenya Shillings)
20.	Co-op Trust Fund Co-op Balanced Fund Co-op Equity Fund Co-op Bond Fund Co-op Money Market Fund Co-op Fixed Income Gratuity Fund
21.	Apollo Unit Trust Scheme Apollo Money Market Fund Apollo Balanced Fund Apollo Aggressive Growth Fund Apollo Equity Fund Apollo East Africa Fund Apollo Bond Fund
22.	Cytonn Unit Trust Scheme Cytonn Money Market Fund Cytonn Balanced Fund Cytonn Equity Fund Cytonn Africa Financial Services Fund Cytonn Money Market Fund (USD) Cytonn High Yield Fund
23.	Orient Umbrella Collective Investment Scheme (formerly Alphafrica Umbrella Fund) Orient Hifadhi Fixed Income Fund (formerly Alphafrica Hifadhi Fixed Income Fund) Orient Kasha Money Market Fund (formerly Alphafrica Kasha Money Market Fund)
24.	Wanafunzi Investment Unit Trust Fund
25.	Absa Unit Trust Funds Absa Balanced Fund Absa Bond Fund Absa Dollar Money Market Fund Absa Equity Fund Absa Shilling Money Market Fund
26.	Jaza Unit Trust Fund Boda Riders Money Market Fund
27.	Masaru Unit Trust Scheme Masaru Wealth Management Fund Masaru Money Market Fund
28.	ADAM Unit Trust Scheme ADAM Balanced Fund ADAM Equities Fund ADAM Fixed Income Fund ADAM Money Market Fund
29.	KCB Unit Trust Scheme (formerly Natbank Unit Trust Scheme) KCB Money Market Fund (Kes) (formerly Natbank Money Market Fund) KCB Fixed Income Fund (formerly Natbank Fixed Income Fund) KCB Balanced Fund (formerly Natbank Balanced Fund) KCB Equity Fund (formerly Natbank Equity Fund) KCB Money Market Fund (USD) (formerly Natbank Money Market Fund (USD)
30.	GenAfrica Unit Trust Scheme GenAfrica Money Market Fund GenAfrica Equity Fund GenAfrica Fixed Income Fund
31.	Amaka Unit Trust (Umbrella) Scheme Amaka HOSP Fixed Income Fund Amaka Qualified Investor Tenant Purchase Scheme Fund
32.	Jubilee Unit Trust Collective Investment Scheme Jubilee Balanced Fund Jubilee Equity Fund Jubilee Fixed Income KES) Fund Jubilee Fixed Income (USD) Fund Jubilee Money Market Fund
33.	Enwealth Capital Unit Trust Scheme Enwealth Balanced Fund Enwealth Equity Fund Enwealth Money Market Fund
34.	Kuza Asset Management Unit Trust Scheme Kuza Fixed Income Fund Kuza Money Market Fund (KES) Kuza Money Market Fund (USD) Kuza Momentum Fund
35.	Etica Unit Trust Funds which has the following sub funds Etica Money Market Fund Etica Money Market Fund(USD) Etica Fixed Income Fund Etica Fixed Income Fund(USD) Etica Shariah Fund Etica Shariah Fund (USD) Etica Wealth Fund Etica Wealth Fund(USD)
36.	Lofty Corban Unit Trust Scheme which comprises of Lofty Corban Equity Fund Lofty Corban Money Market Fund (KES) Lofty Corban Money Market Fund (USD) Lofty Corban Bond Fund (USD) Lofty Corban Bond Fund(KES) Lofty Corban Special Money Market Fund Britam Special Fixed Income Fund ( this is a stand-alone fund)