Cytonn Asset Managers Limited (CAML) has announced an impressive 250% growth in profitability for the Cytonn Money Market Fund (CMMF) for the year ending December 31, 2024. The fund posted a remarkable profit of KES 94.9 million, up from KES 27.0 million in 2023, driven by an improved operating environment, higher interest rates, and a surge in assets under management, which grew by 130% to KES 1.1 billion.
This outstanding performance reflects not only prudent investment strategies but also the power of teamwork, adaptability, and strategic decision-making—qualities that Cytonn upholds both in business and in its company culture. To celebrate this milestone, the Cytonn team engaged in a dynamic team-building event designed to reinforce the very principles that have driven the fund’s success.
One of the activities, Silent Communication, challenged teams to convey meaning, emotions, and intentions without words, fostering deeper engagement and understanding—essential qualities in the world of investments, where trust and clarity are key. Another activity, Building a House with Limited Resources, required participants to construct a structure using only balloons, thread, and poles, emphasizing the importance of efficiency and innovation in achieving remarkable results with available resources—much like the fund’s ability to maximize returns in a fluctuating economic landscape. Lastly, Football Penalty Challenges were incorporated to highlight precision, strategy, and trusting each team member to execute their role effectively, mirroring the teamwork and discipline that have contributed to CMMF’s continued success.
Through strategic investment and a strong team culture, Cytonn continues to provide its investors with competitive returns of up to 16% p.a., all while offering seamless digital access via The Cytonn App. Investors can invest, withdraw, and pay bills anytime, 24/7, ensuring financial growth remains both accessible and rewarding.
To invest in the Cytonn Money Market Fund, dial *809# or download The Cytonn App from Google Play Store or Apple Store.
