Frequently Asked Questions
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Arima Fund is an investment group established in September 2014 to enable its members to achieve financial stability, security and independence.
Arima is managed through a Governance Committee. Arima also has a dedicated Secretariat responsible for the day to day operations of Arima.
Arima is presently focused on investments into and in partnership with ACTSERV. ACTSERV is an actuarial consulting firm with over 20 years of consulting experience in Pension, Insurance and Investments.
Membership to Arima is private. Based on opportunities identified by Arima, the Governance Committee may approve new members into the group. Every potential new member must be introduced by an existing member.
Members in Arima benefit in the following ways:
Pooling
By pooling resources, members are able to invest in more strategic and lucrative opportunities.
Strong Management
A team of experienced individuals manages Arima and has in place an established Governance committee tasked with oversight of its investment and a Secretariat to manage its day-to-day operations.
Experience and Exposure
Investments in partnership with ACTSERV provide unique investment opportunities for Arima. ACTSERV has a proven track record as a consultancy firm of more than 20 years in the East Africa region.
Administration
Arima members are able to have access to their individual statements including records of contributions and distribution of earnings through the member portal on the Arima Website.
Arima has a preference for long-term investments. We are glad that we have been able to achieve returns of up to 15% p.a for our members.
Once a member is approved, there are generally no minimal requirements on the amounts to be invested.
A member may contribute at such frequency as is convenient to them ranging from:
- One-off lump sum amounts
- Monthly contributions
- Daily contributions
- Weekly contributions
- Quarterly contributions
With the chosen structure, a member can still change their investment structure as their needs change according to their convenience.
Once a member ceases contributing, the amounts contributed continue to accrue their share of earnings.
There are no penalties for non-contribution or inconsistent contributions.
Members may choose to withdraw/liquidate their invested funds, however, they may only do so 12 months from the date of the initial investment for the fixed return option and 18 months for the Manna Fund. Withdrawal/liquidation requests are made through the Secretariat. Turnaround time for withdrawal/liquidation requests is 7-14 days from the date of the withdrawal/liquidation request. Charges are normally applicable on withdrawal/liquidation of investments.
Yes, Arima also accepts members in the diaspora provided they meet the membership requirements and have been introduced by an existing member.
Diaspora members are able to keep track of their investments through the member portal and are also able to participate in member activities through various online forums organised by Arima.
