ARVOCAP Investment Funds
ARVOCAP Asset Managers offers a range of professionally managed investment funds for different financial goals, currencies, time horizons and levels of risk. Through Wysline, you can explore solutions for short-term savings, fixed-income accumulation, regular income, Kenyan and global equities, multi-asset diversification and Shariah-compliant investing.
ARVOCAP Asset Managers is licensed and regulated by the Capital Markets Authority of Kenya under licence number 190. Choosing a regulated provider does not remove investment risk, so every decision should still be based on suitability, affordability, liquidity and a clear understanding of fees.
Book an Investment ConsultationGuidance at every step
Clear Explanations
A plain-language walk through the available funds, currencies, fees and risks.
A Suitability Discussion
Recommendations based on your objectives, time horizon and how soon you may need access to your money.
Application Support
Help with applications, top-ups and periodic investment reviews.
The Bigger Picture
Guidance on combining investments with your insurance, retirement and estate-planning goals.
Choose a fund based on your goal
Each goal points to a possible ARVOCAP option. The right choice still depends on your full situation, which is why we talk it through with you first.
| Financial goal | Possible ARVOCAP option | Currency |
|---|---|---|
| Short-term savings and emergency funds | ARVOCAP Money Market Fund | KES |
| Long-term fixed-income growth | Almasi Fixed Income Accumulation Fund | KES |
| Dollar income and fixed-income growth | Eurofix Fixed Income Special Fund | USD |
| Growth through Kenyan listed shares | Thamani Equity Fund | KES |
| Exposure to African companies | Africa Equity Special Fund | ZAR |
| Global share-market growth | Global Equity Special Fund | USD |
| Diversification across multiple global assets | Multi-Asset Strategy Special Fund | USD |
| Shariah-compliant diversified investment in Kenya | Mabruk Sharia Special Fund | KES |
| Shariah-compliant global shares | Shariah Global Equity Fund | USD |
Explore each ARVOCAP fund
Tap a fund to see how it works, who it suits, its fees and terms, recent performance, holdings and risks.
Figures as at the July 2026 factsheet
ARVOCAP Money Market Fund
A flexible home for short-term savings
- Minimum
- KES 3,000
- Effective annual yield, net of fees
- 10.00%
ARVOCAP Money Market Fund
A flexible home for short-term savings
A Kenya shilling yield fund designed for short-term goals, capital stability and convenient access to funds. It may be considered as an alternative to leaving all short-term savings in a traditional bank account.
How the fund works
The fund invests mainly in government securities, term and call deposits, corporate bonds and cash. The manager aims to provide a low-volatility return while maintaining liquidity. Capital preservation is an objective, not a guarantee.
Who may consider this fund?
- Investors building an emergency fund or short-term savings reserve.
- Clients saving for school fees, holidays, insurance premiums or planned purchases.
- Businesses seeking a professionally managed home for short-term surplus cash.
Main investment exposures
- Government securities: 48.64%
- Term and call deposits: 40.49%
- Corporate bonds: 8.29%
- Cash: 2.58%
Important risks
- Interest-rate and reinvestment risk.
- Credit risk from issuers and deposit-taking institutions.
- Liquidity or redemption delays in exceptional circumstances.
- Returns may fall when market interest rates decline.
Key fund information
| Currency | KES |
|---|---|
| Fund type | Yield fund |
| Fund inception | 3 June 2024 |
| Minimum investment | KES 3,000 |
| Minimum top-up | KES 1,000 |
| Lock-in period | 7 days |
| Top-up frequency | Flexible |
| Annual management fee | 2% per annum |
| Initial fee | Not stated in the July 2026 factsheet |
| Performance fee | Not stated in the July 2026 factsheet |
| Custodian | NCBA Bank PLC |
| Trustee | NCBA Trustees |
Performance snapshot
| Effective annual yield at 31 July 2026, net of fees | 10.00% |
|---|
Yield can change and is not guaranteed.
Past performance is not a guarantee of future returns.
Almasi Fixed Income Accumulation Fund
Build long-term wealth through fixed income
- Minimum
- KES 100,000
- Last 12 months
- 20.64%
Almasi Fixed Income Accumulation Fund
Build long-term wealth through fixed income
Designed for investors seeking long-term capital appreciation through Kenyan government securities and qualifying corporate fixed-income investments.
How the fund works
The fund actively trades government bonds, Treasury bills, corporate bonds, commercial paper and deposits. Income is accumulated within the fund to support compounding over time. The stated benchmark is the yield on a five-year Kenya government bond plus 200 basis points.
Who may consider this fund?
- Investors with a time horizon of approximately three years or longer.
- Clients who want fixed-income exposure without selecting individual bonds themselves.
- Investors seeking accumulated growth rather than regular distributions.
Main investment exposures
- Government bonds: 69.17%
- Term deposits: 16.07%
- Corporate bonds: 7.79%
- Cash: 6.96%
Important risks
- Bond prices can fall when interest rates rise.
- Credit and default risk on corporate instruments.
- Duration, liquidity and active-trading risk.
- Returns can differ from the benchmark and are not guaranteed.
Key fund information
| Currency | KES |
|---|---|
| Fund type | NAV accumulation fund |
| Fund inception | 3 June 2024 |
| Minimum investment | KES 100,000 |
| Minimum top-up | KES 100,000 |
| Lock-in period | 6 months |
| Top-up frequency | Flexible |
| Annual management fee | 1% per annum |
| Initial fee | 0.5% |
| Performance fee | 20% above the applicable hurdle rate |
| Custodian | NCBA Bank PLC |
| Trustee | NCBA Trustees |
Performance snapshot
| Last one month | 2.81% |
|---|---|
| Last 12 months | 20.64% |
| Inception to date | 58.55% |
| NAV price | 1.5934 |
The factsheet illustrates that KES 1 million invested at inception had gained KES 585,500 by 31 July 2026, net of management and initial fees but before performance fees.
Past performance is not a guarantee of future returns.
Eurofix Fixed Income Special Fund
Build a dollar-denominated fixed-income portfolio
- Minimum
- USD 1,000
- Last 12 months
- 6.57%
Eurofix Fixed Income Special Fund
Build a dollar-denominated fixed-income portfolio
Designed for investors seeking regular US dollar income and long-term capital growth through global sovereign bonds, corporate bonds, structured products and other fixed-income assets.
How the fund works
The manager uses credit, liquidity and financial analysis to select dollar-denominated instruments and diversify issuer exposure. The fund carries price, interest-rate, credit and currency risks even though fixed income is its main strategy.
Who may consider this fund?
- Clients with future expenses or goals denominated in US dollars.
- Investors seeking to diversify beyond Kenya shilling assets.
- Investors who understand bond-price and issuer risks and can meet the lock-in period.
Main investment exposures
- Corporate bonds: 54.20%
- Government bonds: 29.97%
- Fixed-income ETFs: 7.08%
- Cash: 5.91%
- Term deposits: 2.84%
Important risks
- US dollar and exchange-rate risk relative to Kenya shilling goals.
- Sovereign, corporate credit and default risk.
- Interest-rate, duration and structured-product risk.
- Fund value and income are not guaranteed.
Key fund information
| Currency | USD |
|---|---|
| Fund type | NAV special fund |
| Fund inception | 3 June 2024 |
| Minimum investment | USD 1,000 |
| Minimum top-up | USD 1,000 |
| Lock-in period | 6 months |
| Top-up frequency | Flexible |
| Annual management fee | 1% per annum, prorated |
| Initial fee | 0.5% |
| Performance fee | 20% of returns above a 10% hurdle rate |
| Custodian | NCBA Bank PLC |
| Trustee | NCBA Trustees |
Performance snapshot
| Last one month | -1.08% |
|---|---|
| Last 12 months | 6.57% |
| Inception to date | 20.43% |
The negative monthly figure is a reminder that fixed-income fund values can fluctuate.
Past performance is not a guarantee of future returns.
Thamani Equity Fund
Invest in leading companies on the Nairobi Securities Exchange
- Minimum
- KES 100,000
- Last 12 months
- 51.69%
Thamani Equity Fund
Invest in leading companies on the Nairobi Securities Exchange
A medium- to long-term Kenya shilling fund that invests mainly in liquid shares listed on the Nairobi Securities Exchange and tracked by the NSE 25 Index.
How the fund works
The manager uses active asset allocation, company analysis and risk controls, including the possible use of equity futures for hedging. The objective is capital growth and market outperformance, but share prices can be volatile.
Who may consider this fund?
- Investors seeking long-term growth from Kenyan listed companies.
- Clients comfortable with short-term market fluctuations.
- Investors who prefer professional share selection and portfolio management.
Main investment exposures
- Stocks: 95.95%
- Cash: 4.05%
- Top holdings: KCB Group, Safaricom, Equity Group, Diamond Trust Bank and Kenya Power
Important risks
- Equity-market volatility and possible capital loss.
- Concentration in Kenya and the NSE.
- Company, sector, liquidity and valuation risk.
- Use of derivatives for hedging may introduce additional risks.
Key fund information
| Currency | KES |
|---|---|
| Fund type | NAV equity fund |
| Fund inception | 3 June 2024 |
| Minimum investment | KES 100,000 |
| Minimum top-up | KES 100,000 |
| Lock-in period | 6 months |
| Top-up frequency | Flexible |
| Annual management fee | 2% per annum, prorated |
| Initial fee | 0.5% |
| Performance fee | 20% on net returns |
| Custodian | NCBA Bank PLC |
| Trustee | NCBA Trustees |
Performance snapshot
| Last one month | 7.75% |
|---|---|
| Last 12 months | 51.69% |
| Inception to date | 122.68% |
Reported net of management fees and excluding performance fees where indicated. Exceptional past returns should not be expected to repeat.
Past performance is not a guarantee of future returns.
Africa Equity Special Fund
Participate in Africa's long-term growth story
- Minimum
- ZAR 15,000
- Last 12 months
- 11.85%
Africa Equity Special Fund
Participate in Africa's long-term growth story
A growth-focused, South African rand-denominated fund investing in liquid companies that earn a substantial share of their revenue from African markets.
How the fund works
The fund is benchmarked against the S&P Africa 40 Index and actively selects companies with strong balance sheets and strategic market positions. Eligible companies may be listed inside or outside Africa if their businesses have meaningful African exposure.
Who may consider this fund?
- Investors seeking diversified exposure to African businesses.
- Clients comfortable holding an investment denominated in South African rand.
- Long-term investors able to tolerate equity and emerging-market volatility.
Main investment exposures
- Stocks: 96.79%
- Cash: 3.21%
- Top holdings: KCB Group, Equity Group, MTN Group, Naspers and East African Breweries
Important risks
- African and emerging-market volatility.
- ZAR/KES and other currency movements.
- Political, regulatory, liquidity and country risk.
- Equity losses and concentration risk.
Key fund information
| Currency | ZAR |
|---|---|
| Fund type | NAV special equity fund |
| Fund inception | 3 June 2024 |
| Minimum investment | ZAR 15,000 |
| Minimum top-up | ZAR 10,000 |
| Lock-in period | 6 months |
| Top-up frequency | Flexible |
| Annual management fee | 2% per annum, prorated |
| Initial fee | 0.5% |
| Performance fee | 20% on net returns |
| Custodian | NCBA Bank PLC |
| Trustee | NCBA Trustees |
Performance snapshot
| Last one month | 2.33% |
|---|---|
| Last 12 months | 11.85% |
| Inception to date | 76.40% |
Reported net of management fees and excluding performance fees where indicated.
Past performance is not a guarantee of future returns.
Global Equity Special Fund
Access leading companies across global markets
- Minimum
- USD 1,000
- Last 12 months
- 24.14%
Global Equity Special Fund
Access leading companies across global markets
A US dollar fund designed for long-term capital growth through liquid shares listed across major global markets. It uses the MSCI World Index as its benchmark.
How the fund works
The manager favours businesses with strong returns on invested capital, healthy balance sheets and resilience through economic cycles. Income is reinvested to support accumulated growth. The factsheet indicates a preferred time horizon of at least three years.
Who may consider this fund?
- Investors pursuing long-term growth and international diversification.
- Clients with US dollar goals or a desire to diversify currency exposure.
- Investors who can tolerate global equity-market volatility.
Main investment exposures
- Stocks: 94.09%
- Cash: 5.91%
- Top holdings: Meta Platforms, Alphabet, Amazon and Alibaba
Important risks
- Global share prices can fluctuate significantly.
- USD/KES and underlying currency risk.
- Geopolitical, sector, company and valuation risk.
- Returns may underperform the benchmark.
Key fund information
| Currency | USD |
|---|---|
| Fund type | NAV special equity fund |
| Fund inception | 3 June 2024 |
| Minimum investment | USD 1,000 |
| Minimum top-up | USD 1,000 |
| Lock-in period | 6 months |
| Top-up frequency | Flexible |
| Annual management fee | 2% per annum, prorated |
| Initial fee | 0.5% |
| Performance fee | 20% on net returns |
| Custodian | NCBA Bank PLC |
| Trustee | NCBA Trustees |
Performance snapshot
| Last one month | 1.33% |
|---|---|
| Last 12 months | 24.14% |
| Inception to date | 52.92% |
Reported net of management fees and excluding performance fees where indicated.
Past performance is not a guarantee of future returns.
Multi-Asset Strategy Special Fund
One fund. Multiple asset classes. Global opportunities.
- Minimum
- USD 1,000
- Last 12 months
- 34.90%
Multi-Asset Strategy Special Fund
One fund. Multiple asset classes. Global opportunities.
A US dollar fund designed for long-term wealth accumulation through diversified exposure to global equities, fixed income, commodities, ETFs, CFDs and structured products.
How the fund works
The manager studies global macroeconomic themes and allocates capital across assets expected to respond to those themes. The strategy may take both long and short positions and can include commodities such as gold and oil, making it more complex than a conventional equity or bond fund.
Who may consider this fund?
- Experienced investors seeking broad global diversification.
- Clients comfortable with active allocation, derivatives and thematic positions.
- Long-term investors who understand that diversification does not eliminate loss.
Main investment exposures
- Stocks: 43.30%
- Commodities: 15.62%
- Fixed-income ETFs: 14.54%
- Government bonds: 4.25%; corporate bonds: 2.82%
- Cash: 18.04%; term deposits: 1.43%
Important risks
- Complex strategy, leverage, derivatives and short-position risk.
- Commodity and global macroeconomic volatility.
- Currency, counterparty and structured-product risk.
- Losses may be substantial during adverse market moves.
Key fund information
| Currency | USD |
|---|---|
| Fund type | NAV multi-asset special fund |
| Fund inception | 3 June 2024 |
| Minimum investment | USD 1,000 |
| Minimum top-up | USD 1,000 |
| Lock-in period | 6 months |
| Top-up frequency | Flexible |
| Annual management fee | 2% per annum, prorated |
| Initial fee | 0.5% |
| Performance fee | 20% on net returns |
| Custodian | NCBA Bank PLC |
| Trustee | NCBA Trustees |
Performance snapshot
| Last one month | 4.22% |
|---|---|
| Last 12 months | 34.90% |
| Inception to date | 93.22% |
Reported net of management fees and excluding performance fees where indicated.
Past performance is not a guarantee of future returns.
Mabruk Sharia Special Fund
Grow your wealth in line with Shariah principles
- Minimum
- KES 100,000
- Last 12 months
- 10.06%
Mabruk Sharia Special Fund
Grow your wealth in line with Shariah principles
A Kenya shilling investment fund that seeks long-term growth through Shariah-compliant equities, private investments, alternative assets and structured products.
How the fund works
Investment opportunities are screened using recognised Shariah methodologies and benchmarks. The strategy combines ethical restrictions with active portfolio allocation; Shariah compliance does not remove market, liquidity or capital-loss risk.
Who may consider this fund?
- Muslim investors seeking a faith-aligned investment solution.
- Investors who want diversified KES exposure across Shariah-compliant assets.
- Long-term investors comfortable with a special-fund structure and market fluctuations.
Main investment exposures
- Bonds: 46.20%
- Shariah ETFs: 16.53%
- Cash: 37.27%
- Top holdings include KenGen, Broadcom, Safaricom, Kenya Power, Novo Nordisk and Taiwan Semiconductor
Important risks
- Market, issuer and liquidity risk.
- Shariah screening may limit the available investment universe.
- Alternative and structured investments can be complex or less liquid.
- Compliance with Shariah principles does not guarantee returns.
Key fund information
| Currency | KES |
|---|---|
| Fund type | NAV Shariah special fund |
| Fund inception | 8 May 2025 |
| Minimum investment | KES 100,000 |
| Minimum top-up | KES 100,000 |
| Lock-in period | 6 months |
| Top-up frequency | Flexible |
| Annual management fee | 2% per annum, prorated |
| Initial fee | 0.5% |
| Performance fee | 20% of net returns |
| Custodian | NCBA Bank PLC |
| Trustee | NCBA Trustees |
Performance snapshot
| Last one month | 0.34% |
|---|---|
| Last 12 months | 10.06% |
| Inception to date | 29.83% |
Reported net of management fees and excluding performance fees where indicated.
Past performance is not a guarantee of future returns.
Shariah Global Equity Fund
Global equity growth with a Shariah-compliant approach
- Minimum
- USD 1,000
- Last 12 months
- 57.33%
Shariah Global Equity Fund
Global equity growth with a Shariah-compliant approach
A US dollar fund for investors seeking long-term growth through companies listed on global markets that meet Islamic investment principles.
How the fund works
The fund applies recognised Shariah screening methodologies and takes a medium- to long-term view. Its benchmark and screening references include global Islamic equity indices. The strategy seeks companies with strong fundamentals and growth potential while respecting Islamic finance requirements.
Who may consider this fund?
- Investors seeking international equity exposure aligned with Shariah principles.
- Clients with long-term US dollar goals.
- Investors able to tolerate equity-market and currency fluctuations.
Main investment exposures
- Stocks: 52.12%
- Cash: 47.88%
- Top holdings: ASML, Broadcom, Micron Technology, Vertiv and Applied Materials
Important risks
- Global equity and technology-sector volatility.
- USD/KES and underlying currency risk.
- Shariah screening can increase sector concentration.
- Capital and returns are not guaranteed.
Key fund information
| Currency | USD |
|---|---|
| Fund type | NAV Shariah global equity fund |
| Fund inception | 10 June 2025 |
| Minimum investment | USD 1,000 |
| Minimum top-up | USD 1,000 |
| Lock-in period | 6 months |
| Top-up frequency | Flexible |
| Annual management fee | 2% per annum, prorated |
| Initial fee | 0.5% |
| Performance fee | 20% of net returns |
| Custodian | NCBA Bank PLC |
| Trustee | NCBA Trustees |
Performance snapshot
| Last one month | -2.25% |
|---|---|
| Last 12 months | 57.33% |
| Inception to date | 54.43% |
Reported net of management fees and excluding performance fees where indicated. The negative latest month highlights short-term equity volatility.
Past performance is not a guarantee of future returns.
Frequently Asked Questions
Is ARVOCAP regulated?
ARVOCAP Asset Managers states that it is licensed and regulated by the Capital Markets Authority of Kenya under licence number 190. Regulation provides oversight but does not guarantee returns or protect an investor from market losses.
Which currencies are available?
The range includes Kenya shilling funds, US dollar funds and a South African rand fund. Currency should be matched to your goals and understood as a source of both diversification and risk.
What is the lowest minimum investment?
Based on the July 2026 factsheet, the Money Market Fund starts from KES 3,000, while most of the other funds require KES 100,000, USD 1,000 or ZAR 15,000. We'll confirm current minimums before you apply.
How long is the lock-in period?
The supporting fund overview states seven days for the Money Market Fund and six months for the other featured funds. We'll confirm the latest redemption and lock-in terms from the official documents.
Are returns guaranteed?
No. Historical returns and yields are not guaranteed. Fund values can rise or fall and you may receive back less than you invested.
What fees apply?
Fees differ by fund and may include an annual management fee, a 0.5% initial fee and a performance fee. The Money Market Fund factsheet doesn't show all the same fee fields. Ask us for the latest factsheet and offer document before investing.
Can I invest through Wysline?
Yes. Wysline can help you assess suitability, compare funds, understand the currency and risks, and complete the application. The funds themselves are managed by ARVOCAP Asset Managers.
Which ARVOCAP fund is best?
There is no single best fund for everyone. The right option depends on your purpose, currency, investment period, liquidity needs, tolerance for losses and wider financial plan.
Book an investment consultation
Speak to Caroline Ndungi, your trusted financial advisor, for personalised guidance on the ARVOCAP fund range: your goals, investment period, preferred currency, access needs and tolerance for risk.
Investment risk: Investments involve risk. The value of an investment and any income from it may rise or fall, and you may receive back less than the amount invested. Past performance is not indicative of future returns.
Information status: Product terms, returns, fees, holdings and service-provider information are drawn primarily from the ARVOCAP July 2026 Fact Sheet. Always confirm the latest official fund documents before investing.
Redemptions: In certain circumstances, the right to redeem units may be suspended. Liquidity and processing times are subject to the applicable fund documents and market conditions.
Roles: Wysline Insurance Agency provides financial guidance and application support. ARVOCAP Asset Managers manages the funds. Wysline does not guarantee capital, yields or returns.