Views:193 | By: Lenah If you're looking for a safe place to grow your money without the stress of high risk, a Money Market Fund (MMF) might be just what you need.

What Is It?
A Money Market Fund is a type of investment that pools money from many people and invests in low-risk financial assets like government securities, treasury bills, and commercial papers.

Think of it as a safe middle ground between a savings account and the stock market.

Why Choose a Money Market Fund?
Higher Returns Than a Bank Account
It earns more than your regular savings, often paid out monthly.

Low Risk
It’s one of the safest investment options—great for beginners or short-term goals.

Easy Access to Your Money
You can withdraw your funds with little or no penalty (depending on the provider).

Good for Parking Emergency Funds
Your money grows and stays accessible in case of emergencies.

How to Start
Choose a licensed fund manager (check with your country’s financial regulator).

Start with a small amount—some allow as little as Ksh 500 in Kenya.

Track your earnings via mobile apps or monthly statements.