Your Money Should Work as Hard as You Do.
ICEA Lion Unit Trust Funds — four professionally managed investment options for every goal and every risk level.
Regulated by the Capital Markets Authority (CMA). Managed by Kenya's largest fund manager.
What Is a Unit Trust?
Imagine 10,000 Kenyans each putting money into one big pot. A professional team invests that pot in things like government bonds, bank deposits, and shares in Kenyan companies.The returns come back to each investor proportionally — including you.The advantage? You get access to investments that would normally require millions to access individually. Everyone benefits equally, regardless of how much you put in.
Pooled Investment
Your money joins a fund with thousands of other investors. Together you invest in things no single person could alone.
Professionally Managed
ICEA Lion's expert team makes the investment decisions. You do not need to follow markets or make any decisions yourself.
CMA Regulated
Unit Trusts in Kenya are regulated by the Capital Markets Authority — an independent government body. Your investment is legally protected.
Four Funds. One for Every Goal.
Choose based on how long you can invest and how much uncertainty you are comfortable with.
Money Market Fund
DigiTrustYour savings account — but better.
Invests in safe, short-term instruments like government treasury bills and bank deposits. Your capital does not go down. You earn interest daily.
📈 ~9.8% p.a. current yield
⚡ Access within 24hrs–3 days
🔒 Capital preserved
Best for
Emergency fund, short-term savings, parking money while deciding where to invest next
Yield varies daily. Not a fixed rate. 9.8% is current — it can be higher or lower.
Fixed Income Fund
Bond FundGovernment bonds working for you.
Invests in Kenya government bonds and infrastructure bonds. Earns higher returns than money market over time. Also available in USD for dollar-based returns.
📈 Returns track government bond rates
💵 Available in KES or USD
📅 Medium-term focus
Best for
Medium-term savings (2–5 years), investors who want more than money market without full equity exposure. USD option great for dollar earners.
Fund value can fluctuate. Capital not guaranteed like money market. Returns depend on interest rate environment.
Balanced Fund
Growth FundGrowth and stability in one fund.
Splits your investment between shares (for growth) and bonds/deposits (for stability). Less volatile than pure equity. More growth potential than pure bonds.
📈 ~12% p.a. historical average
⚖️ Balanced between growth and security
📅 Best over 3+ years
Best for
Medium-term wealth building, investors who want meaningful growth without the full ups and downs of pure shares
Values fluctuate. Short-term losses possible. Historical average of 12% p.a. is not a guarantee.
Equity Fund
The highest long-term growth potential.
Invests in companies listed on the Nairobi Securities Exchange (NSE). In any given year values can fall. Over 10+ years, equity has historically outperformed every other fund type.
📈 ~15% p.a. long-term historical
📉 Short-term value can drop
🕐 Best over 5–10+ years
Best for
Long-term wealth building, young investors with time, anyone who can be patient through market ups and downs
This fund can lose value in the short term. In 2024 the NSE saw significant volatility. Over 10+ years, equity has historically recovered and grown significantly. Only invest money you do not need within 5 years.
Many Kenyans worry about losing money when they invest. That fear is valid. The information above shows you exactly what each option does — honestly. The Money Market Fund preserves your capital. The others offer higher growth but with short-term ups and downs.
Not Sure Which Fund Is Right for You?
Answer 3 questions. We recommend the right fund.
Question 1 of 3
When might you need this money?
See What Your Investment Could Grow To
Real numbers. Honest labels. No surprises.
Step 1 of 4
Which fund would you like to explore?
Pick a fund — you can always change later.
What Does It Cost to Invest?
Everything — no surprises later.
What You Pay
Management Fee:
2% per year for Money Market
2–3% per year for other funds
This is deducted from the fund's returns — not from your capital directly. The performance figures you see are after this fee.
Entry fee:None
Exit fee:None
Minimum investment:Confirm with Harrington
Government Tax
Withholding Tax:
15% on your earnings only — not on your original investment.
Example:
You invest:KES 100,000
It grows to:KES 115,000
Earnings:KES 15,000
Tax (15% of earnings):KES 2,250
You receive:KES 112,750
Your original KES 100,000 is never taxed — only the profit is.
Getting Your Money Out
No lock-in periods. No exit penalties.
Money Market Fund
Under KES 10,000: Within 24 hours via M-Pesa
Over KES 10,000: Within 3 working days to your bank account
No penalties. No minimum notice period.
Equity, Balanced & Fixed Income
Redemptions processed within 3 working days.
No exit penalties.
However — these funds work best when left to grow. Withdrawing during a market dip means realising a loss that may have recovered if you had waited.
Unit Trusts are not bank accounts. The lack of a lock-in period is a flexibility benefit — but the best results come from patience, not frequent withdrawals.
What Consistent Investing Looks Like
Samuel is 28. He opens an ICEA Lion Balanced Fund account and invests KES 10,000 every month.
He does not watch the markets. He does not try to time anything. He just contributes consistently every month for 10 years.
At a historical average of 12% p.a.
Compared to a bank savings account at 3% p.a.
He did not get lucky. He did not make any investment decisions. He just started and kept going.
All figures are projections based on historical averages. Actual returns vary. Past performance does not guarantee future results.
Questions First-Time Investors Ask
You might also be interested in:
Personal Retirement Scheme
Guaranteed 4% p.a. minimum return with up to KES 30,000/month tax relief.
Endowment Assurance
Combine long-term savings with life cover. Guaranteed maturity payout.
Book Free Consultation
Speak with Harrington directly to map out your personalized financial plan.
Ready to Put Your Money to Work?
Choosing the right fund, starting with the right amount, and understanding exactly what to expect — these are the conversations Harrington has every day.
Whether you are investing for the first time or reviewing an existing investment, a 20-minute conversation gives you complete clarity.
Free. No obligation. No pressure to decide anything.