Old Mutual Kenya have posted a special offer that reduced its i-Invest initial investment limit from Ksh 4,800 to Ksh 1,000 for first time investors. The offer is valid for one day – 12th July 2012.
#iINVEST special offer! Initial investment reduced to KSh1,000 for 1st time investors. Offer valid for today only – 12th July. Dial *480#
— Old Mutual Kenya (@OldMutualKenya) July 12, 2012
i-Invest is a unit trust from Old Mutual that lets you invest directly from your mobile phone. All transactions are conducted through your phone without having to visit Old Mutual offices, except when closing the account.
All you need in order to enjoy this special offer is a valid ID or Passport, a safaricom line and a minimum amount of Ksh 1,000 to make your first i-Invest investment.
Unit trusts one can invest in through i-Invest include:
- Old Mutual Equity Fund: Invests mostly in selected shares. It is ideal for investors with high risk appetite and a long-term horizon of 5-7 years.
- Old Mutual Bond Fund: Invests mostly in government and corporate bonds, ideal for an investor with low risk appetite and a medium-term horizon of 3-5 years.
- Old Mutual Balance Fund: Invests mostly in selected bonds and equities. It works best for an investor with medium risk appetite and a medium-term horizon of 3-5 years.
- Old Mutual Money Market Fund: Invests mostly on money instruments and is ideal for investors with very low risk appetite and a short-term horizon of 6-12 months.
Click here to learn more about i-Invest.