Standard Investment Bank(SIB)’s multi-asset strategy fund Mansa-X generated a return of 18.01 percent on its Kenya shilling fund from 15.59 percent in 2022 as global stock markets rebounded on the easing of inflation and interest rate pressures in the US.
The improved returns bring the fund’s average annual performance since its inception in 2019 to 17.36 percent, according to audited financial statements (2023).
Investment through the Mansa-X fund is available both in the local currency (Ksh) and the US dollar.
The US dollar fund generated returns of 12.1 percent to investors and closed the year with assets under management of $ 20.6 million generating returns.
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