About Us | Customer Service | Financial Reports | Blog | Contact Us

Balanced Fund

The Zimele Balanced Fund allows you to invest in the long-term while managing the risk.

Members’ contributions are pooled and invested in shares of companies listed at the Nairobi Securities Exchange (NSE) as well as various interest earning investments.

The price of units will go up or down depending on the performance of the stock market. The component of shares in this fund makes it volatility especially in the short-term. Its focus is long-term growth, and as such, is ideal for investors with a medium-term to long term horizon.

The fund is licensed and regulated by the Capital Market Authority (CMA).

Features and Benefits:  

  • Returns are in the form of appreciation of units purchased (capital gains).
  • Minimum deposit of Ksh. 250
  • One can invest at their convenience. 
  • No regular deposits required.
  • Charges include a one-off administration fee of 3% on every new contribution, and an annual management fee of 2.5%.
  • M-Pesa option for deposits (paybill number 501101)·       
  • Online statements
  • No minimum balance requirement 

Safety of Your Money:  

The Zimele Balanced Fund has KCB Bank as its Trustee and Standard Chartered Security Services as its Custodians. The role of the trustee is to safeguard the interests of the members of the Plan. The role of the custodian, who must be affiliated to a commercial bank, is to keep all investment certificates and money safely on behalf of members.   

1. The minimum investment amount is Kshs. 100/=
2. A member may liquidate part or all of their investment.
3. When you are withdrawing money to Mpesa, the funds are received within 24hrs or a maximum of 2 working days while withdrawals to the bank will be received within 3 working days.
4. Inter-fund transfers are allowed subject to administration fees, where applicable.
5. Any inter-fund transfer must be in writing, dated and signed by the holder of the account.
6. Members placing standing orders must fill in the standing order form and attach a copy of the instructions given to their bank.
7. There are no withdrawals fees, penalties or hidden charges
8. Funds sent via mobile money transfer services will attract standard charges levied by the respective service providers.
1. Investment returns in the Balanced Fund are not guaranteed. Always remember that the value of your investment can rise or fall and that you may not get back the full amount you had invested, depending on prevailing market conditions. Past performance is not an indicator of future performance. The Balanced Fund should therefore be considered as a medium to long term investment.
2. The principal amount in the Money Market Fund is not subject to fluctuations during the period of investment. Interest in the Money Market Fund is earned on a monthly basis and will vary from time to time based on conditions prevailing in the money market.
I confirm that the record provided to establish our identity is accurate. I hereby declare that all of the monies I invest in the Zimele Unit Trust Funds, whether periodically or as a one-off contribution are from a legitimate source, and not from the proceeds of crime, money laundering or other illicit activities. Furthermore, we accept that should there be any justifiable suspicion as to the possibility that we, or another party acting on our behalf, may have engaged or been a participant in money laundering and related offences as outlined in the Proceeds of Crime and Anti-Money Laundering Act 2009, we shall absolve Zimele of any liability and assist the relevant authority with investigations on the same.
I have read and fully understood the contents of this document. I have accepted and complied with the terms and conditions as amended in so far as this application may affect our investments. I indemnify the Trustees, Fund Manager and Custodian of the funds against any contravention of these terms and conditions caused by my failure to comply with any provision thereof.

Modes of withdrawal
1. Bank payments are done either through electronic funds transfer (EFT) or real time gross settlement (RTGS)

  • RTGS payments are for sums of one million shillings and above.
  • EFT payments are for sums that are one million shillings and below.

2. Funds are also sent via mobile money transfer (M-Pesa) up to a maximum of Ksh.70,000.
3. Processing of withdrawals takes three working days
Standard rates charged by the banks and the M-Pesa service subscriber will apply.

WhatsApp chat