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NSE to list Kenya’s first Sh3.5bn infrastructure fund for investors
The investors will start getting a return once the firm starts getting incomes from the Sh3.5 billion investment. This suggests the investors will benefit from capital gains in trading part of 35 million units at the NSE.
The Nairobi Securities Exchange (NSE) is on Tuesday set to list its first infrastructure fund, a Sh3.5 billion investment vehicle offering investors direct exposure to logistics and power projects while allowing them entry and exit through trading.
Spearhead Africa Asset Management Limited, the sponsor of the fund, will list 35 million units of the fund at the price of Sh100 each, supporting the fund’s accessibility, transparency and liquidity to investors.
