Ndovu price breakdown
Last updated: 13 February 2024
App Usage
Sign-up and unlimited usage of the ndovu app | No Charges |
Subscription
Basic plan | No charges |
Standard plan | KES 3,000 per annum |
Ultimate plan | KES 30,000 per annum |
Transaction Fees
Deposits | No charges |
USD Bank Transfer Withdraws | USD 9.00 |
All other withdraws | No charges |
Investment Fees
Global funds1 for users on basic plans | 4.5% on investment amount charged when investment is made |
Global funds1 for users on standard plans | 4.0% on investment amount charged when investment is made |
Global funds1 for users on ultimate plans | 3.5% on investment amount charged when investment is made |
Local bonds2 for all users | 0.375% twice per year on invested mount |
All other investments3 | No charges |
Disinvestment Fees
All funds | No Charges |
Forex Mark-ups
KES to USD conversion | 4.0% added to the forex rate when the conversion is made |
All other conversions4 | 3.5% added to the forex rate when the conversion is made |
Notes
1. Global funds include the following funds: Blue Chip, Call of Gamers, Chinese Dragons, Futurist, Gold,
Halaal, Healthcare, Jackpot, Kings of Blockchain, Microchips, New Dawn, Property Mogul, Safety Net, The
Techie, Wall Street and World Famous. Ndovu is always seeking for new global funds that provide the
return-risk profiles our users want. This list may vary as new funds are introduced and existing funds
removed.
2. This includes the following funds. Dhamana and all Infrastructure Bonds
3. This includes the following funds: Bonga Na Ndovu, ndovu Sure Flexi, ndovu Sure Supreme, Salama, ndovu
Fixed Deposit and ndovu Prime (USD)
3. This includes the following funds: Bonga Na Ndovu, ndovu Sure Flexi, ndovu Sure Supreme, Salama, ndovu
Fixed Deposit and ndovu Prime (USD)
4. This includes: KES to EUR and GBP, USD to KES, EUR and GBP, EUR to KES, USD and GBP, and GBP to KES, USD
and EUR.