Investing in a Money Market Fund (MMF) is a prudent strategy for individuals seeking capital preservation, liquidity, and competitive returns. The Kuza Money Market Fund (KES) is tailored for low-risk, short-term investors aiming for inflation-beating returns with minimal risk exposure.
Here’s a step-by-step guide to opening an account with the Kuza Money Market Fund.
Step 1: Choose Your Preferred Onboarding Channel
Kuza Asset Management offers multiple platforms for account opening:
- Client Portal: Accessible via any web browser at https://client.kuza.africa. Instagram
- Mobile Application: The ‘Kuza. Africa’s app is available for both Android and iOS devices. Download it from the Google Play Store or the Apple App Store. Log in or sign up to view
Each platform is designed to provide a seamless onboarding experience.
Step 2: Initiate the Account Opening Process
- Client Portal:
- Visit https://client.kuza.africa.
- Click on “Register” and fill in the required details.
- Mobile Application:
- Download and install the ‘Kuza.Africa’ app from your device’s app store.
- Open the app and select “Sign Up.”
Ensure all information provided is accurate to facilitate a smooth verification process.
Step 3: Complete Your Profile
After registration, complete your profile by providing:
- Personal Information: Full name, date of birth, and contact details.
- Identification Documents: Upload a clear copy of your National ID or passport.
- Tax Information: Kenya Revenue Authority (KRA) PIN.
- Bank Details: For linking your bank account.
This step is crucial for account verification and compliance with regulatory requirements.
Step 4: Fund Your Account
Once your account is active, you can make your initial deposit:
- Minimum Initial Investment: KES 1,000.
- Payment Methods:
- Bank Deposit: Transfer funds directly to the Kuza Money Market Fund collection account at KCB Bank Kenya Ltd, Head Office branch. The account number is 1305717937 for KES deposits. https://kuza.africa
- M-Pesa: Use Kuza’s Paybill number 800100 and your National ID number as the account reference.
Ensure you attach the payment details to your application form or notify Kuza Asset Management of your deposit.
Step 5: Monitor and Manage Your Investment
With your account funded:
- Access real-time account information through the Kuza.Africa app or client portal.
- Monitor your investment’s performance and make additional contributions or withdrawals as needed.
Kuza’s platform ensures transparency and ease of management for your investments.
By following these steps, you can efficiently open a Kuza Money Market Fund account and begin your journey toward financial growth. For further assistance, refer to Kuza’s FAQ section or contact their support team at customerservice@kuza.africa.
For a visual walkthrough of the account opening process, you can watch the following video:
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