Gichuki Kahome
Gichuki Kahome

@kahome_steve

7 Tweets 65 reads Sep 08, 2023
In just 18 Months, Standard Chartered Money Market Fund offering known as the SC Shilingi Fund has hit over KES 3.07B in Assets Under Management.
Here are some of the factors that have attracted investors to the Fund:
1/ Zero transfer charges.
When investing small amounts of money in a money market fund, the transfer charges involved in depositing and withdrawing your money may offset the interest accrued.
SC Shilingi Fund solves this by offering free deposits and withdrawals.
#SCShilingiFunds #StanChart
2/ The SC Shilingi Fund is 100% digital.
There is no tedious paperwork or calling agents to check on the prevailing interest rate.
You can invest, view and track your investment and withdraw all on digital via the SC Mobile app.
3/ Minimum investment fee is Ksh 500
And clients can top up daily, weekly, monthly or anytime.
This has made the fund more accessible to people from all income levels.
#SCShilingiFunds #StanChart
4/ Real time confirmation notices and statements within SC Mobile app.
Unlike other Money Market Funds where you have to wait for your statements at the end of the month,
SC Shilingi Fund offers real time statements within the SC Mobile app.
SC Shilingi Fund is a partnership between Standard Chartered Bank Kenya and Sanlam Investments.
The SC Shilingi Fund mainly benefits individuals banking with Standard Chartered as you have to be banking with them to invest with them and enjoy the above benefits
The SC Shilingi fund is one of the many products that makes Standard Chartered Chartered Bank one of the leading banks in wealth management in Kenya.
StanChart not only helps you with banking services but also growth and management of your wealth.
#StanChart #SCShilingiFunds

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