Ndovu Wealth Limited, a fund manager licensed by Kenya’s Capital Markets Authority (CMA), on Tuesday launched the Kibaba Multi-Asset Special Fund, a collective investment scheme providing diversified exposure across global asset classes.
The fund, available in Kenya Shillings (KES) and U.S. Dollars (USD), targets medium- to long-term investors with a moderate risk profile. Minimum investments are KES 250,000 and $2,500 respectively.
According to Ndovu Wealth CEO and Co-Founder Radhika Bhachu, the fund was created in response to growing investor demand for access to international markets. “Five years of listening to investors, studying markets and refining our approach has led us to build this fund,” she said.
The Kibaba Fund’s portfolio spans equities, fixed income, REITs, ETFs, and commodities. It is actively managed using economic trends and data-driven insights to adjust allocations and mitigate volatility.
The fund is managed by a team with over 90 years of combined market experience. DTB Kenya Limited serves as custodian, and Kingsland Court acts as trustee, ensuring regulatory compliance.
Ndovu Wealth’s platform allows clients to monitor portfolios digitally. The company is an alumnus of the Google for Startups Accelerator Africa program and won the Social Impact Award in the 2023 Kenya edition of the Visa Everywhere Initiative.
For further information: https://www.ndovu.co/kibaba-special-fund