General Investment Funds

We currently offer the largest-range of domestic investment funds (5), which have been designed to meet specific investment objectives and risk preferences of investors.

The funds are structured as a unit trust, which is a pooled fund that is used to purchase a portfolio of securities. Investments made by each investor to each unit trust fund are used to buy units in the fund. Each unit represents an equal fraction of the overall investment of the fund.

MONEY MARKET FUND:

If you require a low risk investment with high income yield, capital stability and immediate liquidity, then this fund would work for you.

BAAM Money Market fund is tailored to obtain high level of current income while protecting investor's capital.

The portfolio objective is to outperform the income yield available on the money market call accounts by investing in interest-bearing securities and other short term money market instruments with a short term maturity.

This is a good parking place for investors who wish to switch from a higher risk portfolio to a low risk, high interest portfolio, especially during times of high stock market volatility.

INCOME FUND:

This fund is suitable for investors who are seeking a regular income from their investment and those who intend to secure a safe haven for their investments in times of stock market instability.

The fund invests in interest-bearing securities. Investments include non-equity securities, financially sound preference shares, treasury bills, treasury bonds, corporate bonds and any other securities which are consistent with the portfolio's investment policy.

The portfolio may have a direct and/or selected direct exposure to offshore investments. The fund can be used as a means of drip-feeding investments into the equity fund over a long period of time.

This fund also proves to be very appropriate for individuals interested in regular income from their investment.

BALANCED FUND:

This fund is suitable for investors who seek to invest in a balanced portfolio offering exposure to all sectors of the market.

The fund aims to achieve a reasonable level of current income and offers investors with long term capital growth. This would be achieved by investing in a diversified spread of equities and fixed income securities. The fund invests in listed shares and preference shares including property shares and property loan stock among others. The fund will have a bias towards equities offering long term value.

The portfolio may have a maximum of 10% direct and/or indirect exposure offshore as a hedge against inflation. This fund is therefore attractive to investors who are looking for higher risk and returns.

EQUITY FUND:

This fund is suitable for investors seeking medium to long term capital growth in their portfolio. The fund aims to offer superior returns over the medium to longer term by maximizing long term capital growth.

The Fund also takes advantage of initial public offerings (IPO's) of companies currently owned or controlled by private investors and or the Governments of Kenya, Uganda, Tanzania, Rwanda, Sudan and Zambia. The fund has 15% exposure to offshore listed companies, denominated in Euro, Sterling or Dollar.

The fund has a medium to higher investment risk; however risk is reduced through holding a diversified portfolio of shares across most sectors. This fund offers long term capital growth.

MANAGED RETIREMENT FUND:

This is a fund that targets small to medium-size pension schemes and Individual Pension Plans; it is designed to consistently perform in the top quartile of retirement benefits funds with an option of having up to 15% of the portfolio invested off-shore.

The fund invests across equities, bonds and cash. It also has a bias towards equities offering long term value rather than those with more cyclical returns. An advantage of this fund is that clients may make withdrawals at any time.

However, a one calendar months' written notice is required for clients who wish to make a full withdrawal. The investments are in accordance with the investment limits prescribed the Retirement Benefits Authority (RBA) investment guidelines.

To learn more about BritishAmerican, click on the link www.britak.co.ke or www.baam.co.ke