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SC Investments Roadmap

Ideas to build and enhance your portfolio

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Mutual Funds

Buy, track or sell funds 24x7 on the SC Mobile App. Your future. Invest now!

Person, Human, Sack

ESG and Sustainable Mutual Funds

A gift awaits you. Make a positive IMPACT while you grow your investments.

  • Choose from
    100+

    Mutual Funds

  • Easily
    Buy, sell, track

    Mutual funds In a few clicks

  • Track your portfolio
    24x7

    On the SC mobile app

Features of Online Mutual Funds

Easy and convenient

Transactions can be carried out 24×7 through the SC mobile app so you can buy, sell or track your mutual fund portfolio anytime, anywhere.

Invest in your choice of fund

Our open architecture platform gives you access to 100+ international mutual funds managed by globally reputed fund managers

Diverse and affordable

Achieve diversification across asset classes and geographies by investing a lumpsum amount for as low as USD 1000 or start small by setting up a Wealth Builder Plan for as low USD 100 per month.

Interactive Fund Library

Find a fund of your choice using smart filters or select from a list of shortlisted funds that match your investment profile from Fund Select.
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How to invest in mutual funds on your SC Mobile app:

STEP 1

Log in to your SC Mobile app.

STEP 2

From the menu in the top left corner of the page, select ‘Investment Profile’ to create your Customer Investment Profile (CIP).

STEP 3

To start Investing directly through Online Mutual Funds, select ‘Mutual Funds’ under ‘Investing’.

STEP 4

If you are a new client, you will be asked to complete a one-time Foreign Account Tax Compliance Act (FATCA) and Central Securities Depository Regulation (CSDR) declaration.

STEP 5

Buy, sell track your Mutual Fund investments via Online Mutual Funds.

How investing in Mutual funds may help to achieve your life goals?

How to buy Mutual Funds on the SC Mobile App?

How to buy Mutual Funds on the SC Mobile App?

Knowing the investment risks associated with each investment is important. When you invest in a unit trust, you should receive a factsheet and prospectus which details the risks involved. Some examples are (non-exhaustive):

 

Investment Risk
As with any investment, your investment value and dividends may go up, down or even be completely lost in extreme cases.

 

Foreign Exchange Risk
You should be aware that your investments can be negatively affected by foreign exchange risk if you hold unit trusts/ funds that invest in assets denominated in foreign currencies.

 

Potential Risks of Hedge Funds or Alternative Funds
These funds differ from traditional unit trusts in that they can undertake more risky investment strategies than traditional fund managers e.g. they may borrow to invest which can magnify potential losses.

 

Potential Risks of Derivatives (if applicable)
Unit trusts which invest in derivatives may have higher volatility. An investment in derivatives may result in losses that are greater than the principal amount invested. Derivatives are also subject to a number of risks including but not limited to liquidity, interest rate, market, counterparty and credit risk. It is important that you fully understand the nature and risk exposure before investing in derivatives.

Sales Charges
These are charges which are deducted from the subscription amount and paid to the distributor

 

Recurring Fees
Annual management fees and other administrative fees will be charged by the fund house. While you do not pay these fees out of your own pocket, they are paid for by the unit trust and incorporated into the fund price, which will reduce the return that you get.

FAQs

  • This is a general term for funds that allow an investor to pool money with other investors and are managed by a team of investment professionals, who pursue a clearly pre-defined mandate or investment strategy.

  • A mutual fund can give you instant diversification. With investment amounts ranging from USD 1,000 through lumpsum and USD 100 through the wealth builder, you can purchase a fund which invests in equity and bond markets around the world. The investment risk is spread over many securities, thus potentially reducing the volatility of your portfolio.

  • There are different asset classes in mutual funds which include equity, bonds and balanced funds. The investment returns from the different categories could vary and then there are certain fund categories that exhibit higher level of uncertainty.

  • You need to be an SCB Kenya A/C holder. Once this is done, your relationship manager will proceed with profiling you and then show you a list of offshore mutual funds that match your risk profile. You can also use the SC Mobile App to complete the investment risk profile. Once you have completed the profiling process, you will be able to view the fund options aligned to your risk rating. Alternatively, you can also submit a mutual funds subscription form in case you are unable to submit a mutual funds transaction order digitally, your relationship manager will guide you through this process.

  • You can place subscription (Buy) and redemption orders (Sell) via the Online Mutual Funds Platform.

  • Mutual funds offer the element of diversification which an investor can easily use to spread risks. Spreading risks offers a safety cushion during bouts of market volatility. We distribute diverse mutual funds in different asset allocation including equity, fixed income, and balanced funds.

  • The unit price of an investment fund on any business day can only be calculated after all the market closure and will be announced on the next business day.

  • Proceeds from a sale will normally be released in 5 – 10 business days into your settlement account after the fund house confirms the price.

  • When the market is going down, an investor may feel very tempted to sell — that’s why despite the adage “buy low, sell high”, many investors end up doing the opposite — or not put in your regular investment. However, that would nullify the strategy’s basic idea of buying more of an investment when the market falls. Dollar cost averaging is thus the ideal strategy for new investors looking to build a long-term portfolio and the wealth-builder is a great solution that adopts this investment strategy.

  • A suitability assessment is an evaluation of your risk appetite based on the information provided on your Investment Profile i.e. risk tolerance, investment objective, investment experience or knowledge, financial situation and financial needs.

  • An Investment Profile is a tool that captures your general attitude towards your investment needs, objectives and risk profile. You should maintain an updated investment profile in order to invest via the Online Mutual Funds Platform. You may create an Investment Profile through Online Banking or SC Mobile app instantly.

  • Your account will be debited within 3 business days of your submission of the order. Please keep your account sufficiently funded to ensure you request is completed. Kindly review order status to ensure your order is placed successfully. In case your order is rejected, you will be contacted by either your relationship manager or a representative from your branch.

  • It is essential to have a basic understanding of financial markets including bonds and stocks and to gain an understanding of risks that the investments are subjected to. In addition, by completing the investment risk profile, the questionnaire will guide us to understand which investments are best suited for you.

  • In the event that an investor passes away, the probate process applies, for more information, please visit the investor’s branch for more information where our team will guide you through the process or call our 24/7 contact centre on +254 20 3293939 and our team will guide you.

  • Your will receive monthly portfolio statements which will show you the status of your investment(s) (gain or loss). Your relationship manager/ investment advisor can also provide you with the statement at any time. A face-to-face portfolio review will also be undertaken half yearly by your Relationship Manager. In addition, you can view your mutual fund holdings on the SC mobile APP. Click on investing and mutual funds to see this information.

    • Redeeming too early: Investors sometimes lose patience or do not give the requisite ample time for an investment to provide the desired rate of return, and hence redeem prematurely
    • Investing without understanding the product: For example, equity funds are meant for the long term, but investors look for easy returns in the short term
  • Every economy and hence market go through periods of growth and recession which impact your fund’s return but only in the short-term. Over the long-term, your fund would have gone through fluctuation, but their impact would be muted because it’s the long-term compounded total return that will count at the end of your investment journey.

  • While you can place your investment orders via our online Mutual Funds Platform 24 hours a day, only orders placed before the cut off time, 01:00 pm Kenya time will be processed the same day. Orders received after this time will be processed on the next working day.

    After the Bank has submitted your order to the fund house, it is executed on the dealing day for the fund you have submitted the order for. The definition of dealing day is not the same across the different funds. Please refer to the fund’s offering document before order placement.

    1. In person: Visit the nearest standard chartered bank branch and the dedicated staff will receive and address your complaint
    2. Telephone: Call the 24-hour Client Centre where a team of agents are standing by to assist you; +254 20 3293900, +254 703 093 900, +254 732 143 900
  • Once submitted via Online Mutual Funds, the orders cannot be amended. You may however cancel your order by calling our 24-hour Client Centre at +254203293900 or visit your nearest branch before your order is placed with the fund house. Any cancellation request received after order placement with the fund house will have to follow the redemption procedure which can also be done from the Online Mutual Funds platform.

Disclaimer

Investment Products and Services are distributed by Standard Chartered Investment Services Ltd – a wholly-owned subsidiary of Standard Chartered Bank Kenya Limited, that is licensed by the Capital Markets Authority as a Fund Manager.

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