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| Capital A Investment Bank Chief Executive Officer and Managing Director Linus Kang’ara speaks during the launch of the Rejesha investment funds in Nairobi on 14th Oct 2026z |
Capital A Investment Bank has unveiled two investment products targeting Kenyans seeking to grow their savings, as the institution seeks to address the gap between access to financial services and the ability to build lasting wealth.
The Rejesha Money Market Fund and Rejesha Special Fund offer different investment options, with minimum contributions of Sh1,000 and Sh100,000, respectively. Investors can choose between Kenya shillings and US dollars.
Capital A Investment Bank Chief Executive Officer and Managing Director Linus Kang’ara said expanding access to financial services needed to be accompanied by greater participation in investment opportunities that enable individuals and businesses to accumulate assets.
He cited financial inclusion figures showing that access to formal financial services in Kenya increased from approximately 27 per cent in 2006 to nearly 85 per cent in 2024. However, only 18.3 per cent of Kenyans were financially healthy, pointing to challenges in converting access into financial security.
“We want to move from a nation of financial service users to a nation of savers, investors and asset owners,” Kang’ara said.
He said the funds were intended to provide professionally managed investment options for people with varying financial capacities and objectives.
Kang’ara also identified the Kenyan diaspora as an important segment, noting that remittances could support sustainable wealth creation if more resources were channelled into investments.
“We see the diaspora not simply as a source of remittances, but as investors, entrepreneurs and long-term asset holders,” he said.
The two products adopt different investment approaches, with the Money Market Fund focusing on short-term instruments and the Special Fund targeting investors seeking capital appreciation through a diversified portfolio.
Capital A Senior Portfolio Manager Patrick Mugendi said the Money Market Fund returned 9.1 per cent in the third quarter of 2026, compared with 8.8 per cent for its benchmark. Its September return stood at 10.3 per cent against the benchmark’s 8.8 per cent.
The fund invests in fixed deposits, Treasury bills, government securities and selected corporate debt instruments, with emphasis on liquidity and capital preservation.
Mugendi said the Special Fund, launched in June, posted a 4.34 per cent return during the third quarter, equivalent to an annualised return of 18.53 per cent. Since its inception, it had generated a return of 5.29 per cent, equivalent to an annualised 19.03 per cent.
The fund spreads investments across equities, fixed-income securities, commodities, exchange-traded funds and other eligible assets in pursuit of growth while managing exposure to risk.
Capital A Global Markets Portfolio Manager Elizabeth Mwania said investment decisions were increasingly being shaped by global economic uncertainty, geopolitical tensions, elevated oil prices and changing expectations on interest rates.
She said diversification across asset classes, geographical markets and economic sectors remained important in managing volatility, adding that investment strategies needed to balance income generation, growth and risk.
Beyond investment returns, Capital A Board Chairman Patrick Ndei said governance and transparency would be central to protecting clients and sustaining confidence in the funds.
“The board’s commitment to you is straightforward. We will hold management to the highest standards of corporate governance and disclosure. We will insist that clients are told the truth about returns and about risk,” Ndei said.
He said the funds operate under the regulatory framework of the Capital Markets Authority, with Standard Chartered Bank acting as trustee and custodian to provide independent oversight and safeguard assets.
Gideon Chokah, Standard Chartered Bank’s Head of Financing and Securities Services for Kenya and East Africa, said the arrangement separated fund management from asset custody and independent oversight.
He explained that the trustee and custodian functions include safeguarding investments, settling transactions and monitoring compliance with the funds’ governing documents and investment guidelines.
Capital A Head of Private Wealth Faith Mukiri said digital services had also been introduced to make investment management more accessible, allowing clients to open accounts, make deposits, request withdrawals and access statements remotely.
She said investors would be assigned dedicated wealth advisers to help them choose products according to their financial objectives and tolerance for risk.
“Our job is to help you start with those goals and help you achieve each and every one of them,” Mukiri said.
Investors are required to register through the institution’s online portal and provide identification and other Know Your Customer documentation before selecting their preferred fund and currency.
The launch adds to efforts by financial institutions to deepen participation in Kenya’s capital markets by providing households and businesses with alternatives for deploying their savings.
Kang’ara said the institution would focus on disciplined investment management, transparency and responsible stewardship as it seeks to build long-term investor relationships.
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