Number of new users
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The proportion of funding
6 months
Investing in the mansa-x fund requires a clear understanding of the minimum deposit requirements. The minimum investment amount for mansa-x is KES 250,000 (approximately $2,500) for the Kenyan Shilling (KES) account, and $2,500 for the USD account. Additionally, the minimum top-up amount is KES 100,000 (around $1,000) for both account types.
Account Type | Minimum Deposit | Minimum Top-Up |
---|---|---|
mansa-x KES | KES 250,000 | KES 100,000 |
mansa-x USD | $2,500 | $1,000 |
Access to High Returns: mansa-x has consistently delivered above-average market returns, with an average net return of 17.2% per annum since inception, offering investors a lucrative opportunity.
Diversification: The required minimum deposit allows access to a diversified portfolio that includes over 200 asset classes, helping to mitigate risks associated with market volatility.
Liquidity: Investors can access their funds relatively quickly, with withdrawal requests processed within 3 business days after the initial 6-month lock-in period.
Professional Management: The fund is managed by Standard Investment Bank, which provides a level of expertise and reliability that can enhance investment performance.
Regulatory Compliance: mansa-x is regulated by the Capital Markets Authority (CMA) in Kenya, providing an added layer of security for investors.
High Initial Investment: The minimum deposit is significantly higher than many other investment options, potentially limiting access for smaller investors.
Top-Up Limitations: The minimum top-up requirement of KES 100,000 can be a barrier for those looking to increase their investment gradually.
Market Risks: While the fund has performed well historically, there are no guarantees for future returns, and investors may face losses.
Liquidity Constraints: The initial 6-month lock-in period may not suit investors needing immediate access to their funds.
The mansa-x fund is primarily targeted towards Kenyan investors, but it also accommodates international investors, particularly in USD. This may lead to different regulatory considerations and deposit methods for those outside Kenya.
Compared to other investment funds in Kenya, mansa-x's minimum deposit is on the higher side. Many local funds require deposits as low as KES 50,000, making mansa-x less accessible for entry-level investors. However, the higher minimum deposit reflects the fund's sophisticated investment strategy and potential for higher returns.
mansa-x offers various deposit methods to facilitate easy funding of investment accounts. The available deposit methods include:
mansa-x supports deposits in Kenyan Shillings (KES) and United States Dollars (USD), allowing flexibility for both local and international investors.
For quick and efficient funding, credit/debit cards and e-wallets are recommended due to their instant processing times. For larger sums, bank transfers may be more cost-effective despite longer processing times.
If mansa-x has a mobile app, the steps are generally similar:
Once the deposit is completed, funds are typically credited to your mansa-x account within 1-3 business days, depending on the method used.
Q1: What is the minimum deposit for mansa-x?
A1: The minimum deposit for mansa-x is KES 250,000 or $2,500.
Q2: How long does it take for my deposit to reflect in my account?
A2: Deposits usually take between 1 to 3 business days to reflect, depending on the method used.
Q3: What deposit methods are available?
A3: mansa-x accepts bank transfers, credit/debit cards, e-wallets, and local payment methods.
Q4: Are there any fees associated with deposits?
A4: Fees vary by deposit method, with bank transfers generally having lower fees compared to credit/debit cards.
Q5: How can I resolve deposit issues?
A5: For any deposit issues, contact mansa-x customer support via their provided contact methods.
This guide provides a comprehensive overview of the mansa-x deposit requirements, methods, and processes, ensuring that potential investors are well-informed before making their investment decisions. For the latest information, always refer to the official mansa-x website or contact their customer support.