Sanlam Money Market Fund
The Sanlam Money Market Fund, managed by Sanlam Allianz Investments Limited, has an effective annual yield of 9.85% (Serrari, 17 Sept: third-party data, not yet verified against the fund manager), before 15% withholding tax. The minimum initial investment is KSh 2,500.
Profile under verification. We have not finished checking this profile against the fund manager’s documents, so figures marked “Not yet confirmed” are missing, not zero.
Read our full review: Sanlam Money Market Fund Review 2026: yield, fees and how to invest
Not yet verifiedmay be out of date · source: Serrari Group MMF effective-annual-yield comparison, 17 Sep 2026
Key facts
- Fund manager
- Sanlam Allianz Investments Limited
- Trustee
- Stanbic Bank Kenya Limited
- Custodian
- Standard Chartered Bank, Kenya
- Regulator
- Capital Markets Authority
- Launch date
- 18 November 2014
- Currency
- KES
- Effective annual yield
- 9.85% Source: Serrari, 17 Sept (third-party data, not yet verified against the fund manager) (before 15% withholding tax)
- Minimum initial investment
- KSh 2,500
- Minimum top-up
- KSh 1,000
- Withdrawal time
- Up to 3 working days from a request made in the portal (10:00 AM transaction cut-off). One free withdrawal per calendar month; KES 500 for each additional one. As stated in our review from SanlamAllianz published information; confirm in your portal.
- Fees
- Annual management fee 2.0% of fund assets (already reflected in the published yield); total expense ratio 2.6%; KES 500 for each withdrawal after the first free one in a calendar month; no separate entry or exit fees found in the materials checked. Source: SanlamAllianz fact sheet, September 2026, as cited in our review.
How to invest
- Confirm the terms: check the live effective annual yield and the latest fact sheet on the official SanlamAllianz website, not old adverts.
- Create an account on the SanlamAllianz portal with a reliable email address and phone number.
- Upload your KYC documents: national ID or passport, KRA PIN certificate, a passport photo or selfie, and proof of bank account or M-Pesa details. Names must match exactly across documents.
- Fund the account with the KES 2,500 minimum by M-Pesa, bank transfer or a linked payment. Check paybill and account details only inside the official portal.
- Optionally set up a recurring monthly transfer (minimum KES 1,000).
- Check the dashboard periodically to follow daily interest, units and compounding.
- To withdraw, request funds in the portal; they should arrive within 3 working days.
Risk notes
- A money market fund is an investment, not a bank deposit. Neither the yield nor your capital is guaranteed.
Frequently asked questions
What is the Sanlam Money Market Fund yield?
The effective annual yield shown for the Sanlam Money Market Fund is 9.85%, reported by Serrari as of 17 September 2026. This is third-party data that we have not yet verified against the fund manager. It is quoted before 15% withholding tax and changes over time, so check Sanlam Allianz Investments Limited's latest figure before you invest.
What is the minimum to invest in the Sanlam Money Market Fund?
The minimum initial investment we hold for the Sanlam Money Market Fund is KSh 2,500, with a minimum top-up of KSh 1,000. Confirm with Sanlam Allianz Investments Limited before you invest.
How long does it take to withdraw from the Sanlam Money Market Fund?
Up to 3 working days from a request made in the portal (10:00 AM transaction cut-off). One free withdrawal per calendar month; KES 500 for each additional one. As stated in our review from SanlamAllianz published information; confirm in your portal.
Is the Sanlam Money Market Fund guaranteed?
No. A money market fund is an investment, not a bank deposit, so neither its yield nor your capital is guaranteed. Funds invest in low-risk instruments, but yields can fall as well as rise.
Is the Sanlam Money Market Fund yield taxed?
Interest earned by a money market fund is subject to 15% withholding tax, and the yields we show are quoted before it. What you keep is lower than the headline figure.
Compare this fund with the others on our money market fund table. How we check figures: methodology. WeCompare does not rate or review funds.
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