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.
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.
This process ensures that all potential investors can easily join the Mansa-X Fund and start capitalizing on diverse investment opportunities.
Explore broker markets account types: forex/trading accounts with demo access.