How you can invest in money market funds amid uncertain times

By diversifying savings and investment strategies with money market funds, you can take a proactive step toward financial resilience and stability in an ever-changing economic landscape. [iStockphoto]

Kenya, like many emerging economies, has had a fair share of economic ups and downs. Inflation rates have soared, the cost of living has escalated, and the shilling is depreciating.

So, where are Kenyan investors putting their hard-earned money? This reality is best exemplified by the latest data from the Capital Markets Authority revealing that Kenyans placed Sh131.5 billion or 74.7 per cent of their funds in Money Market Funds (MMF) ahead of others like equity funds.