Standard Chartered, a multinational leader in the financial sector, has expanded its footprint in asset management in Kenya, cementing its impact on wealth management solutions.
The diverse foreign currency products are in line with the robust growth of Kenyans seeking opportunities outside local markets and seeking stable diversified returns.
Investment in Money Market Funds (MMFs) and Exchange Traded Funds (ETFs) has surged owing to improved financial literacy coupled with desire to diversify portfolios beyond Kenyan borders.
The funds offered by Standard Chartered in the Priority Banking space provide slightly higher returns compared to standard savings accounts while maintaining liquidity.
StanChart provides a vast range of options for Kenyan investors by equipping them with global expertise enabling them to make informed decisions based on real time information.
USD Money Market Fund
The dollar denominated fund requires a minimum capital of US$1000 as a lump sum, opening doors to retail individuals and institutional investors.
The low-risk USD money market fund also allows for US$100 top ups per month presenting opportunities to earn stable returns in the US Dollar.
USD Corporate Bonds
You can invest in the world’s largest US based global corporations with a minimum investment starting from US$50,000.
With this, investors can earn returns in US Dollars, Euros and British Pounds.
USD Government Bonds
Standard Chartered clients can invest in US government bonds with the minimum investment starting from US$50,000.
This product is low risk and highly liquid, presenting investors with an opportunity to access the world’s largest bond markets.
USD Govt bonds provide diversified semiannual interest income where investors earn returns in US Dollars.
Mutual Funds from global fund houses
The offshore mutual funds allow clients to invest from US$1000 lumpsum or US$100 per month with stable returns in US Dollars, Euros and British Pounds.
This fund invests in companies all over the world seeking to identify best investments from global securities focusing on multiple asset classes.
Signature CIO Funds – A ready-made bouquet of funds
Standard Chartered partnered with global fund house Amundi to create the Signature CIO Funds – a ready-made selection of diversified multi-asset funds including global equities, global bonds, commodities, liquid alternatives, and cash. As an investor, this takes out the hassle of managing the funds yourself. Additionally, you can track performance real time on the SC Mobile app.
Signature CIO Funds – Ready-made foundation portfolios (youtube.com)
Similar to their other selection of offshore mutual funds, clients can invest starting from US $1000 lump sum or US $100 per month.
Earn returns while leaving a positive impact on the planet
The bank is cognizant of investors who are keen on investing in portfolios that embed Environmental, Social and Governance factors. Clients can access investment solutions that match this expectation e.g. Green Bonds and ESG offshore mutual funds.
Why Invest in Standard Chartered’s Foreign Currency Options?
Professionally Managed
Receive monthly portfolio statements which will show the status of your investment. A face to face portfolio review will also be undertaken half yearly by your relationship manager/ investment advisor
International Exposure
You can achieve diversification by investing in different bonds across different regions.
Diversification
You can diversify by investing in different types of bonds: corporate and government bonds.
Liquidity
The bank is able to readily buy back the bonds at the prevailing market price.
Convenience
Investment has never been easier. Simply invest from your current account and enjoy the benefits of regular income.