How to Join Nabo Capital | Step-by-Step MMF Account Opening

Investing in a Money Market Fund (MMF) is a prudent strategy for individuals seeking capital preservation, liquidity, and modest returns. Nabo Capital offers a KES Money Market Fund designed to maximize current income by investing in a diversified portfolio of short-term debt securities and instruments.

If you’re considering joining the Nabo Money Market Fund, here’s a step-by-step guide to the account opening process.

Step 1: Fund’s Objectives and Requirements

Before investing, it’s essential to comprehend the fund’s goals and your obligations as an investor. The Nabo Money Market Fund aims to preserve capital while providing daily liquidity and earning a reasonable return by investing in high-quality, short-term debt instruments.

The minimum initial investment amount is KES 100,000.

Step 2: Obtain the Application Form

To begin the application process, you’ll need to access the Nabo Capital Unit Trust Funds Application Form. This form can be downloaded from the Nabo Capital website under the ‘Documents and Forms’ section.

Step 3: Complete the Application Form

Fill out the application form with accurate and complete information. The form will require details such as:

• Personal Information: Full name, date of birth, nationality, and contact details.
• Identification: National ID or valid passport number.
• Tax Information: Kenya Revenue Authority (KRA) PIN.
• Bank Account Details: Bank name, branch, account number, and account holder’s name.
• Source of Funds: Specify the origin of the funds you intend to invest (e.g., salary, savings, property sale).

Ensure all mandatory fields, marked with an asterisk (*), are duly filled.

Step 4: Prepare Supporting Documents

Alongside the completed application form, you’ll need to provide the following documents:

• Identification: A clear copy of your National ID or valid passport.
• KRA PIN Certificate: A copy of your Personal Identification Number certificate.
• Passport-Sized Photograph: A recent colored passport photo.

For institutional or corporate investors, additional documents such as the Certificate of Incorporation, Memorandum and Articles of Association, and board resolution authorizing the investment may be required.

Step 5: Submit the Application

Once you have completed the application form and gathered all necessary supporting documents, you can submit them through one of the following methods:

• Email: Scan the application form and supporting documents, then send them to invest@nabocapital.com.
• Physical Submission: Deliver the documents in person to Nabo Capital’s offices located at:

Nabo Capital
International House
Mama Ngina Street
5th Floor
P.O. Box 10518-00100
Nairobi, Kenya


Step 6: Fund Your Account

After your application has been reviewed and approved, you’ll need to fund your account to activate it. The minimum initial investment is KES 100,000.

Nabo Capital will provide you with their bank account details for the transfer. Ensure that all payments are made from an account registered in your name, as third-party payments are not accepted.

Step 7: Confirmation and Account Access

Upon receipt of your funds, Nabo Capital will confirm the activation of your Money Market Fund account. You will receive a confirmation email detailing your investment and instructions on how to access your account statements and monitor your investment performance.

By following these steps, you can seamlessly join the Nabo Money Market Fund and embark on your investment journey. For any inquiries or assistance during the application process, you can reach out to Nabo Capital’s client service team at invest@nabocapital.com or call +254 709 902 700.

For a visual walkthrough of the Nabo capital account opening process, you can watch the following video:

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