The Mansa-X special fund is a multi-asset strategy fund that leverages a specific model that enhances returns for investors across all market environments, with a strong focus on shielding investors’ funds from potential losses.
A special fund is a Collective Investment Scheme (CIS) that pools funds from investors with a common goal of higher returns than traditional financial markets, and invests in a wide range of high-yield assets such as global stocks, bonds, derivatives, precious metals, commodities and real estate.
Under the umbrella of Standard Investment Trust Funds, Mansa-X Special Fund is managed by the Standard Investment Bank (SIB), regulated by the Capital Markets Authority (CMA), and held under the custody of I&M Bank, a leading regional financial solutions provider.
The funds’ main objective is to offer competitive returns that drive investors’ capital growth through diversification. The Mansa-X special fund invests in both global and local financial markets across a wide range of asset classes. On the global front, the fund invests in single stocks & stock indices, fixed-income, derivatives, precious metals, currencies, and commodities. Locally it invests in cash and cash equivalents, fixed income, NSE derivatives, Exchange Traded Funds (ETFs), and NSE equities.
With a strong focus on global markets, Mansa-X Special Fund mainly invests in international stock exchanges such as the New York Stock Exchange (NYSE), London Stock Exchange (LSE), Frankfurt Stock Exchange (FRA) and Hong Kong Stock Exchange (HKG). The special fund is offered in KES and USD denominations.
Mansa-X Special Fund – KES
Launched in January 2019, the Kenya shilling fund has been a leading special fund under the CIS, accumulating KES 87.2 billion in Assets Under Management (AUM), and commanding a market share of 63.29%, as at the third quarter of 2025. The fund requires a minimum investment of KES 250,000 with a minimum top up KES 100,000. It has a hurdle rate of 25%, with a performance fee of 10% charged on returns above the hurdle. The fund charges a financial services fee of 5% per annum, pro-rated, with no redemption charges.
Mansa-X Special Fund – USD
The USD – denominated fund was launched in 2022 and currently manages AUM of USD 98.20 million or KES 12.69 billion, representing a market share of 9.21%. Investors are required to commit a minimum investment of USD 2,500 (KES 322,500), with a minimum top up is USD 1,000 (KES 129,000). The fund applies a hurdle rate of 15%, a performance fee of 10% on returns above the hurdle, 5% per annum pro-rated financial services fees, and 0% redemption charges. Both funds have an initial lock-in period of six months.
2025 performance
In 2025, the KES fund posted a net return of 20.74%, compared to a net return of 19.53% in 2024, while the USD fund recorded a net return of 13.37%, up from 12.53% in 2024.
Also Read: Mansa‑X Special Fund KES posts 20.74% net return in 2025
