Introducing the New Investment FundsStanbic Money Market Fund (KES)Denominated in Kenyan Shillings, the Stanbic Money Market Fund offers an appealing annualized yield of 15.12%. Stanbic Fixed Income Fund (USD)For investors interested in US Dollar-denominated assets, the Stanbic Fixed Income Fund provides a 5.56% annualized yield. Dr Joshua Oigara, Chief Executive, Stanbic Bank Kenya and South Sudan during the launch of the Stanbic Money Market Fund (KES) and the Stanbic Fixed Income Fund (USD)Dr. Joshua Oigara, Chief Executive of Stanbic Bank Kenya and South Sudan, emphasized the importance of mobilizing domestic savings and investments. Understanding the Costs: Management FeesThe Stanbic Money Market Fund (KES) charges up to 2% in management fees, while the Stanbic Fixed Income Fund (USD) has a management fee of up to 1%. Conclusion:Stanbic Bank Kenya’s launch of the Stanbic Money Market Fund (KES) and Stanbic Fixed Income Fund (USD) marks a pivotal moment in the Kenyan financial sector.