Rating Index

Pros

Access to resilient investment opportunities rooted in African success and innovation.

Genuine diversification across various asset types and geographical regions, enhancing potential returns.

Comprehensive customer support available through multiple communication channels, ensuring prompt assistance.

Cons

Lack of regulation, which may pose potential risks due to the absence of oversight or guidelines from governing bodies.

High minimum investment requirement, potentially deterring small-scale investors.

Market volatility can still affect returns, despite the fund's risk management strategies.

Mansa-X broker Accounts

Mansa-X Account Types

Mansa-X offers a multi-asset strategy fund with a focus on long/short trading models across local and global assets. The primary account type is the Mansa-X Fund, which requires a minimum investment of 250,000 KES (approximately $2,500) for initial investments and 100,000 KES (approximately $1,000) for top-ups. This fund allows investors to diversify their portfolios across various asset classes, including equities, fixed income, and derivatives, with a 5% annual management fee and a 10% performance fee applied on returns exceeding a 25% hurdle rate.

Mansa-X Broker Account Opening Process

The process to open an account with Mansa-X is straightforward and consists of the following steps:

Contact Mansa-X: Reach out via email at clientservices@sib.co.ke or call +254 777 333 000 to request an application form.
Complete the Application Form: Fill out the necessary details in the application form provided by Mansa-X.
Submit Required Documents: Provide any required documentation as specified in the application process.
Initial Investment Payment: Make the minimum initial investment of 250,000 KES within the first six months as instructed on the registration form.
Confirmation: Await a business confirmation from Standard Investment Bank (SIB) upon receipt of your payment.
Account Activation: Once confirmed, your account will be activated, and you can begin trading. Withdrawals are processed within 3 business days upon request.