The other risk is market or investment risk. Ultimately, the safety of your money depends on where it is invested, if it is invested in government securities, it is very safe since they are guaranteed by the government through the Central Bank of Kenya. If it is invested in shares of companies listed at the Nairobi Securities Exchange (NSE), then you may be exposed to market risk, which can be reduced through diversification. Avoiding a short-term holding period helps you to considerably reduce market risk, the longer the holding period, the lower the investment risk and the better the investment performance.
- Through cheques, whether personal or bankers.
- Through direct debits or standing orders.
- Through cash deposits to the unit trust bank accounts. Cash deposits are not accepted at the Zimele offices.
- Through mobile money payments services.