S3:E6 | Pius Muchiri | What Is A Money Market Fund? I

nabocapital.com/
([phone]
[e-mail]
Pius, the dynamic CEO and founder of Nabo Capital, is driven by a fervent commitment to linking investors with lucrative opportunities across Africa. Firm in his belief that the continent should not be overlooked, Pius often emphasizes this message at global investment forums. He takes pride in having what he considers the best job in the world, asserting that Africa provides the ideal environment for those seeking to make a significant impact and leave a lasting legacy.
With a wealth of experience exceeding 15 years in successful African investments, Pius has overseen transactions totaling over $500 million. Following notable achievements, he spearheaded the transformation of his team at Centum into the independent and flourishing investment boutique, Nabo Capital. Currently managing over $200 million in assets under management (AUMs), Nabo Capital has facilitated reputable institutional clients from the US, Europe, Asia, and Africa in acquiring substantial stakes and securing positions among the top ten shareholders of coveted blue-chip companies on the continent.
Pius, aptly described by colleagues as the 'Resident Bishop' due to his deep spiritual orientation and personal values, views his work not as a job but as a divine purpose - to enrich society and people's lives. Known for his unwavering positivity and cool temperament, he is fiercely loyal to his family, including staff and clients, going to great lengths to protect them. Despite a demanding schedule, Pius remains a happily married father of three boys, finding relaxation in activities like reading, traveling, fishing, and swimming. Actively engaged in his local church, Pius holds a CFA charter, is a Certified Public Accountant, and possesses a Bachelor of Commerce Degree.
Thank you for your support by helping us create content.
MPESA TILL (BUY GOODS) - 5236949
PAYPAL - [e-mail]
CARD PAYMENTS - checkout.mookh...
SEND WAVE - ([phone]
Don't forget to SUBSCRIBE - bit.ly/Subscrib...

[@cta101]

Thank you for your support by helping us create content. MPESA TILL (BUY GOODS) - 5236949 PAYPAL - [e-mail] CARD PAYMENTS - checkout.mookhpay.com/cta SEND WAVE - ([phone] ------------------------------------------------- Order Your CTA Hoodie & Mugs Send WhatsApp Message to [phone] (Nick Gitau) ------------------------------------------------- Don't forget to SUBSCRIBE - bit.ly/SubscribeToCTA

[@ckkevinkigen4968]

Okay

[@curtisbuluma2550]

This is a good Investment master class. Knowledge is Power.

[@leworlsabi3991]

Excellent 👌 this being subject matter expert,, well done keep it up🎉🎉

[@Tepkeny]

High Level Finance 101 compressed in 7 minutes! Profound

[@kaitadavid]

This is timely. I am contemplating between investing in a MMF and a Sacco and I think I will start with the MMF.

[@ruthmkaluma6638]

or both if you intend to borrow any time soon

[@wealthcents101]

MMFS give you return of interest and easy Access to your return and capital while a Sacco give returns of dividend and interest rebate with limited access to your capital with real diversity why not try the sacco and mmf at the same time

[@wealthcents101]

​@@ruthmkaluma6638To be fair let's look at the two as Investment vehicles 1. Sacco's give real diversity and asset classes in capital and deposits while MMFS spread for risk management 2. Return on share capital is higher in Sacco's compared to MMFS return as well as interest rebate for most MMFS 3. MMFS give automatic compounding not in Sacco's Etc Why not try both and enjoy the benefits of portfolio spreads

[@bonfacenderitu5523]

One of the best interview i have ever watched thank you Richard for this

[@BetinahChileshe]

This is great knowledge being shared, learning a lot. Thankyou ❤

[@JosephMuriuki-gk5mm]

Thanks for the information

[@hildahchanda4827]

This information is profound👌. Thanks Richie for bringing him on the show. I’ve learnt so much…. I will be back here in a few years and share just how much this information has helped me🤗

[@ednamaina5062]

Me too 🤔

[@user-sh3tr8cm1v]

Sijaelewa chochote...

[@faithwangui7200]

Should I withdraw money from my savings account nd deposit i in an MMF account?

[@maikwekijohn4613]

MMF WELL EXPLAINED BY YOU NABO👍

[@paulgathara6017]

Wow ❤ thanks so much

[@EDGEHILLBBKE]

Very educative, I knew less now am knowledgeable.

[@MfalmeKing1]

Kenyans... you have enlightened me greatly... A very big "thank you"

[@wealthcents101]

We appreciate you found value🎉

[@andreycentury24movies]

I need an example of a real living money market where l can invest my money

[@wachira01]

CIC money market is the best

[@lillianmuite9241]

Very true,"my people perish for lack of knowledge " What if everyone understood MMF?

[@walternyabaro6602]

Wooooh just thought going to my sacco and withdraw all my money and head to NABO

[@brendahondiek1488]

Same

[@user-sh3tr8cm1v]

​@@brendahondiek1488imagine sijaelewa kitu...

[@janemuriungi8447]

I did that recently, put my money in Etica, no regrets. But they say you do this if you are sure you will not need to take a loan.

[@wealthwise247]

Saccos are for for Savings and credit. If you're not borrowing from the Sacco and of course using the funds productively then your Sacco savings is loosing you money. Even worse if you're not reinvesting the dividends you receive from your shares and the interest you receive from your savings.

[@maruempires]

​@@janemuriungi8447how do you see etica,is jt long lasting?

[@josphinewambui7004]

Oooh how I regret saving in a sacco for so many years now am enlightened

[@lillianmuite9241]

SACCOS too have their place in your business portfolio

[@mkundyaelly01]

A quick one... Do the different mmfs have the same interest gains?

[@Faithiman221]

No they don't

[@geofreyyegon1834]

Profound knowledge.

[@marywanyeki8612]

Wow so much to learn

[@wachira01]

CIC group all the way

[@morrismari9454]

Incase of a loss in investment in a Money Market Fund. Is the principle affected?

[@wealthcents101]

And quickly compensated by the high return and compounding

[@charleswanyoike1690]

what charges does an account attract? I have seen 2% or something with ETICA

[@faiths.4472]

This is so profound ❤

[@LukengeSimonpeter]

I need clarity of the necessary requirements and personal contact with customer service for further inquiries

[@gachomail]

Is there a space where we can find the ratings of nabo Capital versus others like kuza, cooptrust, britam etc... like how they fare in comparison to each other or how they complement each other... say like differences in administrative fees, rates etc 👆🏾🤝🏽

[@user-kpkxgtj]

All operational funds publish their daily returns in the newspapers - check the business pages, specifically the one that has stock prices and foreign currency exchange rates. For the fees, lock-in period and other administrative issues, you'll have to seek the details from each fund and do your own comparison.

[@gachomail]

@@user-kpkxgtj thanks

[@wealthwise247]

Check the dailies for the rates. Check their websites for other things! Custodian bank Minimum deposit Withdrawal notice Etc

[@thesamuo1378]

Google the fact sheet of various fund managers and compare the details. Also watch Moneyversations MMF weekly reviews.

[@dorcaskamau5223]

Talk of time lines

[@pudopoet]

Pure beauty

[@StephenOrinoh]

Hi im planning to invest in capital wealth fund is it genuine or fake

[@ckkevinkigen4968]

NABO Capital to the end.

[@NaboCapitalKe]

Thank you Kevin.

[@victormwangi9234]

How can I access Nabo capital...

[@arnoldlangat2298]

What if the Custodian bank goes under receivership?As an Investor do I loose my investment?

[@wealthwise247]

The custodian bank is one of the check boxes you tick when choosing an MMF. When the custodian bank can't pay your fund Manager, your MMF won't have funds to pay you.

[@gandhibadcompany4371]

What app do I need to get to aquire Nabo capital services?

[@joynyabuto8013]

Chumz

[@derrickngure7967]

Register on their website.

[@antonykaberia5934]

What happens when an investment company invests the MMF in private bonds like the Nakumatt bond? Do the investors at least get a refund on the principal?

[@moseskinuthia23]

MMF are regulated. No money loss

[@user-kpkxgtj]

​​@@moseskinuthia23 that isn't true - I lost money in Amana due to the mess with the Nakumatt corporate bond. I also lost some money in GenCap Hela fund due to another corporate bond that had issues (not to mention they had our money in Chase Bank, so when it went down we couldn't withdraw money from the fund for a long time until the deposit protection fund started paying us back in small bits over time). Years down the line I have not recovered either of the amounts in question, and neither Amana nor Genghis Capital can give clear information of when they will compensate customers. All that is to say - even with regulation in place, there is an element of risk in all investments. OP's question is a good one, and every investor should ask and be informed clearly what asset classes a fund is invested in, and the split / share of the fund in each asset.

[@harrisonwekesa5406]

​@@moseskinuthia23 Regulation and loss of capital are two very different things. For example purposes, if a MMF invests 25% in 4 different assets, and all of them collapse, you just lost 100% of your capital. It doesn't mean they were not regulated.

[@janemuriungi8447]

@@harrisonwekesa5406 You loose the 25%, thats what he said.

[@wealthwise247]

​@@moseskinuthia23regulation does not mean the intuition can't go under. Imperial and chase bank Were regulated but they went into receivership. Insurance companies regulated by IRA have been gone into receivership. Do are SACCOS regulated by IRA. Regulation is just but one of the check boxes you need to tick.

[@peterkinyanjui351]

I hope mine is safe in Etica MMF

[@wealthcents101]

Sure , very safe

[@nancymutula6963]

What can one do if sacco used his signature to guarantee group loan without his consent and knowledge..... forgery

[@issanzaro8138]

Sue em!

[@esthermakau7943]

Learning

[@paulgathara6017]

Which is the best mmf you can recommend me

[@virginiambugua001]

Jubilee Money Market fund

[@peterkinyanjui351]

Etica MMF

[@vivianmuchai5460]

Britam

[@annahlivingstone7834]

Nabo

[@DJames-zi1ki]

Now i know

[@VictorMartial-h7x]

Does Nabo provide mmf

[@wealthcents101]

Sure, dollar based and kes based and more

[@annahlivingstone7834]

It's already mmf

[@areghankingsley5645]

Hoid ingo

[@patrickrotich2766]

errg