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These funds are a mix of both the money market and dividend funds in that. They comprise of government instruments, money markets, and commercial papers, publicly-traded stocks with an excellent record of paying dividends, money markets and moderate risk corporate bonds. They are highly suited for medium-term savings and investments. Britam Money Market Fund – The Britam Money Market Fund, seeks to provide investors with a competitive interest rate and capital preservation in the short termĭividend funds are medium-risk investments with a moderate returns rate of about 12 to 15%.Zimele Market Fund – Zimele money market fund or Zimele savings plan is licenced and regulated by the Money markets Authority.CIC Money Market – The CIC Money Market fund is a low-risk fund which invests in diversified near cash, interest-bearing instruments in the Kenyan market.CMMF invests in high-quality interest-bearing investments, fixed deposits, and near cash holdings in the Kenyan market. Cytonn Money Market Fund – CMMF by Cytonn Asset Managers Limited (CAML), the regulated affiliate of Cytonn Investments Management Plc.Money market funds are naturally low risk and are best suited for accumulating savings for investments, emergency funds and other no monthly expenses such as insurance or school fees. The funds offer high liquidity of between 4% and 10% annually depending on the fund manager with very minimal risks incurred.