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The Nexus
BUSINESSJul 31 · 06:48 UTCTHE RIO TIMESAmina Diarra

Kenyans Shift Savings to Special Funds as MMF Yields Decline

Kenyans are shifting savings from money market funds (MMFs) to special funds as MMF yields decline. MMFs' market share dropped from over 90% to 51.9% of CIS assets between 2021 and March 2026, while special funds grew from 6% to 23.9% of total CIS assets. Special funds target annual returns of 18–25%, compared to MMFs' 8–11%.

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