Research

Top 10 Fixed Income Funds in Kenya – Weekly Performance Update (January 17, 2025)

This week’s Kenyan Fixed Income Fund performance update reveals key shifts in the rankings, with Etica Fixed Income Fund overtaking Gulfcap as the top-performing fund. Investors continue to explore stable, predictable returns, making Fixed Income Funds a popular choice.


📊 Weekly Fixed Income Fund Performance Overview

Key Highlights & Changes This Week:

New Leader in the Market

  • Etica Fixed Income Fund climbed to 1st place with an improved yield of 15.59%, up from 15.24% last week.
  • Gulfcap Fixed Income Fund dropped to 2nd place with a steady 15.55% return.

🔄 Ranking Shifts & Market Adjustments

  • Kuza Fixed Income Fund moved up to 3rd place with a yield of 14.57%, surpassing Co-op Bond Fund, which dropped to 8th position.
  • Madison Fixed Income Fund saw a decline from 14.49% to 14.03%, leading to a position drop from 4th to 5th.

📉 Stable Performers Hold Their Ground

  • Britam 12-Month and 6-Month Fixed Income Funds maintained 9th and 10th places with yields of 13.25% and 13.05%, respectively.

📈 Full Performance Table (Week Ending January 17, 2025)

#Fixed Income FundEffective Annual Rate (%)
1Etica Fixed Income Fund15.59%
2Gulfcap Fixed Income Fund15.55%
3Kuza Fixed Income Fund14.57%
4Madison Fixed Income Fund14.03%
5Zimele Fixed Income Fund13.86%
6Britam Bond Plus Fund13.66%
7Nabo Africa Fixed Income Fund13.48%
8Co-op Bond Fund13.44%
9Britam 12 Months Fixed Income Fund13.25%
10Britam 6 Months Fixed Income Fund13.05%

💡 What This Means for Investors

  • Competitive yields: The top Fixed Income Funds continue to provide stable, long-term returns, making them attractive for conservative investors.
  • Market movements: Ranking changes indicate shifts in fund performance, reflecting market dynamics and investment strategies.
  • Strategic investment decisions: Investors should evaluate fund history, risk profiles, and expense ratios to align their investments with financial goals.

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