Regulated by Capital Markets Authority and the Office of the Data Protection Commissioner Kenya
Ndovu Fee Structure
Last update: 13 February 2024
App Usage
Sign-up and unlimited usage of the Ndovu app
No charges
Subscription
Basic plan
No charges
Standard plan
KES 3,000
Ultimate plan
KES 30,000
Transaction Fees
Deposits
No charges
USD bank transfer withdraws
USD 9.00
All other withdraws
No charges
Investment Fees
Global funds for users on basic plans
4.5% on investment amount when investment is made
Global funds for users on standard plans
4.0% on investment amount when investment is made
Global funds for users on ultimate plans
2.0% on investment amount when investment is made
Local bonds for all users
0.375% twice per year on invested mount
Money market funds for all users
No charges
Disinvestment Fees
All funds
No charges
Notes
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Global funds include the following funds: Blue Chip, Chinese Dragons, Futurist, Gold, Halaal, Kings of Blockchain, Microchips, and The Techie. Ndovu is always seeking new global funds that provide the return-risk profiles our users want. This list may vary as new funds are introduced and existing funds removed.
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Bond funds include all infrastructure bonds.
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Money market funds include the Ndovu Fund.
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Cash funds include Ndovu Fund, Ndovu Fixed Deposit and Ndovu Prime (USD).
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This includes KES to EUR and GBP, USD to KES, EUR and GBP, EUR to KES, USD and GBP, and GBP to KES, USD and EUR.
This website is operated by Ndovu Wealth Limited ('Ndovu'). Ndovu is licensed by the Capital Markets Authority as a Fund Manager and Investment Adviser.
Past performance is not reflective of future performance, and the price of units and the income may go down as well as up. In certain specified circumstances, the right to redeem units may be suspended. The Capital Markets Authority does not take responsibility for the financial soundness of the scheme or for the correctness of any statements made or opinions expressed in this regard.
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Investment involves risk. The value of investments and their income can go up or down and you may not get back the amount originally invested. There is always the potential of losing money when you invest in securities. Before investing, consider your investment objectives and Ndovu's charges and expenses. Ndovu's services are designed to assist clients in achieving discrete financial goals. They are not intended to provide comprehensive tax advice or financial planning for every aspect of a client’s financial situation and do not incorporate specific investments that clients hold elsewhere.
Not an offer, solicitation of an offer or advice to buy or sell securities in jurisdictions where Ndovu is not duly licensed or approved.
By using this website, you accept our Terms of Use, Privacy Policy and Data Protection Policy.