CMA APPROVES ADDITIONAL UNIT TRUST SUB-FUNDS AND AN ALTERNATIVE INVESTMENT FUND TO EXPAND INVESTOR CHOICE

Nairobi 12 August 2026… The Capital Markets Authority (CMA) has approved the registration of additional Collective Investment Scheme sub-funds and a new Alternative Investment Fund. The approvals broaden the range of regulated savings and investment options available to Kenyan investors, from money market and fixed income products to actively managed multi-asset and global strategies and climate-focused alternative investments, in line with the Authority’s ongoing efforts to deepen Kenya’s capital markets, enhance innovation and expand access to investment services across diverse investor segments.

Among the approvals, the Authority has authorised Britam Asset Managers Limited to register two new sub-funds under the existing Britam Unit Trust Funds umbrella scheme, the Britam Multi Asset Special Fund (KES) and the Britam Enhanced Global Equities Special Fund (USD). The Britam Multi Asset Special Fund pursues long-term capital growth and income through a diversified, actively managed portfolio spanning local and global equities, local and global fixed income, alternative assets and tactical overlay strategies, while the Britam Enhanced Global Equities Special Fund offers investors shilling-denominated exposure to global equity markets without the need to hold foreign currency accounts directly.

The Authority has also approved Zimele Asset Management to register additional sub-funds and sub-classes under the existing Zimele Unit Trust Funds. These comprise the Zimele USD Money Market Fund, the Zimele USD Fixed Income Fund, the Zimele Fixed Income Fund, the Zimele Education Plan and the Zimele Saving Plan, broadening the umbrella scheme’s range of shilling- and dollar-denominated options and goal-based savings plans for retail and institutional investors.