Top 10 Fixed Income Funds in Kenya – Weekly Performance Update (January 31, 2025)

How Did Fixed Income Funds Perform This Week?
The Kenyan Fixed Income Fund market remained stable with minor ranking shifts. Here’s how the top 10 funds performed for the week ending January 31, 2025:

Key Market Insights & Ranking Shifts

✅ Gulfcap Fixed Income Fund remains the top performer, maintaining its 15.55% Effective Annual Rate (EAR) for the second consecutive week.
✅ Zimele Fixed Income Fund made a notable improvement, climbing from 5th to 4th place with an increased yield of 14.09% (previously 13.79%).
✅ Madison Fixed Income Fund dropped one position to 5th, despite a slight increase in its EAR from 13.83% to 14.07%.
✅ Nabo Africa Fixed Income Fund saw an impressive jump from 9th to 7th place, with its yield improving from 13.11% to 13.69%.
✅ Co-op Bond Fund exited the top 10, replaced by Britam 3 Months Fixed Income Fund, which secured 10th place with a 13.39% EAR.

📈 Full Performance List (Week Ending January 31, 2025)

💡 What This Means for Investors

📌 Fixed Income Funds continue to provide stable and predictable returns, making them a preferred choice for risk-averse investors.
📌 The competition among fund managers remains tight, with Britam securing three positions in the top 10, showcasing strong fund diversification.
📌 The entry of Britam 3 Months Fixed Income Fund into the top 10 list highlights a growing demand for short-term investment options.

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