Abacus has introduced money market funds from Sanlam and Old Mutual on the platform. These funds are type of unit trust, and you can read more about them below. What is a Unit Trust? A Unit Trust fund is a collective investment scheme that pools money together from many investors…
It’s that time again, time to make lists that we’ll never think about until next January. I’m pretty sure your list will include weight, love, and money. It will probably look a bit like this … Do more exercise Make more money Get a girlfriend/boyfriend/wife/husband The thing with resolutions is…
Every year, January takes us by surprise. You promise yourself it will never happen again, but somehow by mid-December, you can see the signs of the end times. By 28th Dec, you are scanning your phone for KCB M-PESA loans, and as you get drunk to usher in the New…
It’s easy to say this when you’ve lived through 2016, it’s the end of the year, and you’re flat broke. You’re more concerned with surviving and maybe saving … how do even start to think about investing? Here’s the thing though. As long as you’re stuck in the cycle of…
What is an Abacus Investment Account? Abacus Investment Account is an account held in custody by a licensed custodian, Chase Bank Kenya. This account holds all shares, bonds and derivatives. How do I open an Abacus Investment Account? Once you Activate Trading, you get an Abacus Investment…
What is Technical Analysis? It is the use of charts and indicators to show trends in the market with the main concern being in price movement. Charts are graphical displays of price and volume data. Technical indicators include a variety of measures of relative price level and volume of security…
A portfolio is a collection of investments held by an investor e.g. shares, bonds. In your portfolio you will find the following: Summary – this is a table that displays all the assets that you own and your portfolio value.
To place an order, click on Buy/sell shares. Choose option Buy or Sell: a) For the Buy option: Step 1: Enter the security code, price and quantity shares to be bought. On the right side of…
Click on the Buy/Sell Shares button. A pop–up modal will appear, read the instructions then click on Activate Trading. Follow the following steps: Step 1: Fill in the correct Personal Details…