sNdovu Wealth Limited has launched the Kibaba Multi-Asset Special Fund, giving Kenyan investors structured access to both local and global asset classes through a single, regulated vehicle.
The fund, licensed under Kenya’s Capital Markets Authority (CMA), arrives as appetite for offshore investment exposure among retail and institutional investors in the region reaches new heights.
What the Kibaba Fund Is and Who It Targets
The Kibaba Fund operates as a collective investment scheme, offering diversified exposure across equities, fixed income, real estate investment trusts (REITs), exchange-traded funds (ETFs), and commodities. It runs in two currencies: a Kenya Shilling tranche and a US Dollar tranche, a dual-denomination structure designed to serve both local investors and those seeking direct dollar exposure.
The fund targets medium to long-term investors with a moderate risk appetite. Entry thresholds are set at KES 250,000 for the shilling fund and $2,500 for the dollar fund.
DTB Kenya Limited serves as custodian, with Kingsland Court acting as trustee, ensuring the fund operates in full compliance with Capital Markets Regulations.
Five Years in the Making
Ndovu Wealth Chief Executive and Co-Founder Radhika Bhachu described it as the product of half a decade of investor research, market study, and product refinement.
“We created the Kibaba Multi-Asset Special Fund in response to the evolving investor demands in the region and the simple belief that every investor deserves access to world-class investment opportunities,” Bhachu said at the launch. “Five years of listening to our investors, studying markets, and refining our approach has led us to build this fund.”
Built for a Volatile World
Global and local markets have spent the past several years navigating inflation spikes, currency pressures, geopolitical disruptions, and shifting interest rate cycles. For many retail investors, the instinct in such environments is to move to cash or make reactive, short-term decisions that erode long-term returns.
The Kibaba Fund is designed to counter that instinct. Its portfolio mix adjusts regularly, guided by data and macroeconomic trends, to ensure capital is allocated where it performs best at any given time. The goal is to keep investors diversified and invested through market cycles, removing emotion from the equation without removing control.
A Regulated Gateway to Global Markets
Operating within Kenya’s regulated capital markets framework matters more than it might seem. Kenyan investors who want offshore exposure currently do so through informal or unregulated channels, carrying risks that are difficult to quantify. The Kibaba Fund brings that global access inside a fully supervised structure audited, compliant, and accountable to the CMA.



