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Ndovu Fee Structure

Last update: 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

Global funds and Fractional stocks withdrawal fees.

No charges

Infrastructure Bonds withdrawal fees.

No charges

Ndovu Fund withdrawal Fees

  • One free withdrawal per month.

  • KES 500 for every other withdrawal within the month.

Bank Transfer and Mobile Money fees apply.

Investment Fees

Global Funds & Fractional Stocks.

  • Basic plan - 4.5% on investment amount when investment is made.

  • Standard plan - 4.0% on investment amount when investment is made

  • Ultimate plan - 3.5% on investment amount when investment is made

Government Bonds for all users

​0.375% twice a year on invested mount

Money market funds for all users

​Annual Management Fee of 2%

Disinvestment Fees

All funds

No charges

Download our mobile app and start investing today.

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 · Ndovu · All Rights Reserved.

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Past performance is not reflective of future performance, and the price of units and the income may go down as well as up. In certain specified circumstances the right to redeem units may be suspended. The capital markets authority does not take responsibility for the financial soundness of the scheme or for the correctness of any statements made or opinions expressed in this regard.

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Ndovu is a regulated roboadvisory platform owned and run by Ndovu Wealth Ltd (“Ndovu”). Ndovu is licensed by the Capital Markets Authority (Kenya) as a Fund Manager and is also regulated by the Institute of Certified Investment & Financial Analysts (ICIFA), the Communications Authority, and the Nairobi Securities Exchange. Ndovu is a registered trademark of Ndovu Wealth Ltd. Advisory services are provided by Ndovu Wealth Ltd, a CMA-registered investment adviser. US-traded securities are provided to Ndovu users by Interactive Brokers LLC. Interactive Brokers is a member of FINRA/SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org.

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​Investment involves risk. The value of investments and the income from them can go up or down and you may not get back the amount originally invested. There is always the potential of losing money when you invest in securities. Before investing, consider your investment objectives and Ndovu Wealth Ltd charges and expenses. Ndovu Wealth Ltd’s internet-based advisory services are designed to assist clients in achieving discrete financial goals. They are not intended to provide comprehensive tax advice or financial planning with respect to every aspect of a client’s financial situation and do not incorporate specific investments that clients hold elsewhere. Past performance does not guarantee future results, and the likelihood of investment outcomes are hypothetical in nature. Not an offer, solicitation of an offer, or advice to buy or sell securities in jurisdictions where Ndovu wealth Ltd is not registered.

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