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Ndovu Wealth Launches Kibaba Multi-Asset Special Fund
Ndovu Wealth Limited, a fund manager licensed by the Capital Markets Authority (CMA), has launched the Kibaba Multi-Asset Special Fund (‘Kibaba Fund’). The Fund is a collective investment scheme offering structured, diversified exposure across global asset classes.
The Kibaba Fund is denominated in both USD and KES, targeting medium to long-term investors with a moderate risk appetite. The minimum initial investment is $1923.08 (KES 250,000) for the Kenya Shilling Fund and $2,500 for the US Dollar Fund. The fund is structured with DTB Kenya Limited as the custodian and Kingsland Court as the trustee, ensuring full compliance with Capital Markets Authority regulations.
Speaking during the launch, Ndovu Wealth Limited Chief Executive and Co-Founder Radhika Bhachu said, “We created the Kibaba Multi-Asset Special Fund in response to the evolving investor demands in the region and the simple belief that every investor deserves access to world class investment opportunities. Five years of listening to our investors, studying markets and refining our approach has led us to build this fund.”
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In a macro environment, both local and global, marked by volatility, uncertainty and increasing complexity, the fund seeks to provide investors with a structured way to stay diversified and invested, eliminating reactive decision-making.
To address inflation and market fluctuations, the Kibaba Fund invests across a mix of asset classes including equities, fixed income, Real Estate Investment Trusts (REITs), Exchange-Traded Funds (ETFs), and commodities. The portfolio is actively adjusted based on data and economic trends to optimize performance and align with changing market conditions.
It is run by a dedicated specialist team with in-depth collective experience of over 90 years in the financial markets. The launch of the Kibaba Fund by Ndovu Wealth Limited comes at a time when Kenyans are increasingly seeking innovative fund structures that provide a stake in offshore markets.