Jubilee Asset Management, a subsidiary of Jubilee Holdings, has launched a dollar-denominated fund that requires an initial minimum investment of $1,000 (Sh130,000), opening doors to retail and institutional individuals.
The fund, dubbed Jubilee Money Market Fund (USD), will require a minimum top-up of $500 (Sh65,000) and marks a diversification from the shilling-denominated fund that requires an initial minimum investment of Sh5,000 and top-ups of at least Sh1,000.
