For investors looking to diversify their portfolios and achieve medium-term growth with moderate risk, the Etica Special Wealth Fund offers an excellent opportunity. Managed by Etica Capital Limited (ECL), a wealth tech company in Kenya, this fund provides access to a broad range of regulated investments, including Treasury securities, corporate instruments, and other high-performing assets. Regulated by the Capital Markets Authority (CMA), it ensures that your investments are safe, professionally managed, and compliant with industry standards.
Etica Special Wealth Fund Overview
The Etica Special Wealth Fund is a well-structured investment option for investors who are seeking medium-term growth while maintaining a moderate risk profile. It targets those who want to grow their wealth over a defined period, with investments primarily in high-quality, low-risk instruments such as government securities and corporate bonds. The fund’s diversified portfolio ensures that you’re positioned to achieve attractive returns while carefully managing risk.
Key Features
- Minimum Investment: KES 1,000,000 — a solid entry point for serious investors.
- Top-Up Investment: KES 500,000 — allowing investors to gradually increase their exposure.
- Risk Profile: Moderate, balancing between safety and opportunity for growth.
- Benchmark: The fund’s performance is benchmarked against the average 182-day T-bill rate + 2% per annum, aiming to offer returns above conventional money market instruments.
- Management Fees by Class:
- Class A (6 months): 1.80% p.a.
- Class B (9 months): 1.65% p.a.
- Class C (12 months): 1.50% p.a.
Benefits of Etica Special Wealth Fund
- Competitive Returns: The fund typically offers returns above traditional money market instruments, providing higher growth potential for your investment.
- Daily Compounding: Your investment grows faster, thanks to daily compounding of interest, accelerating wealth accumulation.
- Regulated by CMA: Etica Capital is regulated by the Capital Markets Authority, ensuring that the fund adheres to industry standards and providing you with peace of mind regarding the security of your investment.
- Diversified Portfolio: The fund’s investments are spread across a mix of Treasury Bills, corporate bonds, and other regulated assets, which helps mitigate risk and enhances the potential for stable returns.
- Trustee Oversight: Independent oversight by a trustee ensures that your funds are managed with transparency and integrity, safeguarding your investment.
How to Access Etica Special Wealth Fund
Investors can access the Etica Special Wealth Fund through multiple platforms, offering flexibility for both tech-savvy individuals and those who prefer traditional methods:
- Etica Mobile App: Available on both iOS and Android, the app offers a seamless, user-friendly way to access your investment anytime, anywhere.
- Web Portal: You can also manage your investments through the Etica Capital website at www.eticacap.com.
- Manual/Physical Application: For those who prefer a more traditional approach, physical application forms are available.
KYC Requirements for Etica Special Wealth Fund Accounts
To open an account, investors must provide Know Your Customer (KYC) documents. The requirements vary depending on the account type:
- Individual/Joint Accounts:
- Copy of National ID or Passport
- Recent passport photo
- Tax certificate or equivalent
- Minor Accounts:
- Parent/guardian ID and photo
- Birth certificate of the minor
- Parent/guardian tax certificate
- Sole Proprietorship:
- Business registration certificate
- Proprietor ID and photo
- Tax certificate
- Self-Help Groups/Welfare Societies:
- IDs and photos of each signatory
- Committee resolution approving account opening
- Approved signatories list and constitution
- Registration certificate
- Partnerships:
- Partner IDs and photos
- Partnership agreement/deed
- Written approval from all partners
- Registration certificate
- Corporate/Institutional Accounts:
- Director IDs and photos
- Memorandum & Articles of Association
- Board resolution approving account opening
- Registration certificate & CR12 of ultimate beneficial owners
How to Apply and Fund Your Etica Special Wealth Fund Account
Step 1: Open an Account
Start your investment journey by registering through the Etica App, the web portal, or by submitting a manual application form. The process is streamlined for ease of access.
Step 2: Submit KYC Documents
Upload your KYC documents based on your account type (individual, corporate, partnership, etc.). These documents are required for regulatory compliance.
Step 3: Fund Your Account
You can fund your account using the following payment methods:
- Bank Transfer:
- Account Name: Etica Unit Trust Collection Account
- Account Number: 0180283951027 (KES)
- Bank: Equity Bank Kenya, Community Supreme Branch, Code 018
- M-PESA:
- Paybill Number: 4096483
- Account Number: Your member number
- Pesalink:
- Deposit funds via bank apps or USSD; the money will reflect instantly in your Etica account.
- Equity Bank Channels:
- USSD: *247# and branches using Biller Number 919292.
Once funded, your investment will be visible in the Etica App and the web portal instantly.
Contact Details
- Phone: +254 769 999 666 / +254 111 055 650
- Email: [email protected]
- Office: Allamano Centre, Consolata Shrine, Westlands, Nairobi, Kenya
- Website: www.eticacap.com
Key Takeaways
- Start with KES 1,000,000: The Etica Special Wealth Fund is designed for sophisticated investors who can commit KES 1,000,000 for medium-term growth.
- Medium-Term, Moderate-Risk Investments: The fund targets moderate risk and aims to provide attractive returns over a 6-12 month period.
- Daily Compounding: Your returns are compounded daily, accelerating the growth of your investment.
- CMA-Regulated: The fund is regulated by the Capital Markets Authority, ensuring that your investments are professionally managed and secure.
- Multiple Funding Methods: Investors can access the fund and track their investments via the M-PESA App, web portal, or manual forms.
The Etica Special Wealth Fund is an ideal investment for those looking to grow their wealth steadily over the medium term, with moderate risk and attractive returns. By leveraging professional management and a diversified portfolio, this fund offers investors a stable growth opportunity that is both secure and efficient.
