Britam Asset Managers has introduced a new USD Fixed Income Fund, offering investors a secure and competitive investment option in a mix of local and offshore fixed-income securities.
The fund invests in a diversified portfolio of interest-bearing securities, including bank deposits, Treasury bills, fixed-income funds, structured notes, sovereign bonds, and money market or cash funds. With a minimum initial investment of $1,000 and subsequent top-ups of $500, the fund caters to both individual investors and businesses seeking to protect and grow their wealth in a US dollar-denominated portfolio.
“The USD Fixed Income Fund offers stability in uncertain times,” said Barack Obatsa, Britam Asset Managers Chief Executive Officer. “It provides a timely opportunity for investors to safeguard their investments in a liquid fund that has hard currency returns.”
The fund aims to deliver competitive annual returns while maintaining a low level of portfolio volatility. It primarily invests in debt and bond securities, offering a diversified investment with high-income yield, capital stability, and immediate liquidity.
The USD Fixed Income Fund is particularly attractive for investors with USD-denominated future expenses, those with USD income, and those seeking to protect their investments from currency devaluation risks.
“This fund addresses the increasing demand for dollar-denominated investment options and offers a secure and high-yielding opportunity for both local and international investors,” added Obatsa. “Its arrival reaffirms Britam’s dedication to providing tailored financial solutions that meet the evolving needs of our clients.”
The fund’s launch comes amid currency volatility, making it a timely investment for those seeking to hedge against exchange rate risks while delivering stable returns.
