Fund Overview
The Arima agricultural fund, commonly referred to as Manna Fund, is a privately managed investment scheme that invests primarily in Dairy farming in Kenya through various dairy breeds to enhance milk production aimed at bridging the supply-demand deficit of milk and milk products while earning investors in the fund real returns above the market average.
Agriculture investment can produce competitive long-term yields and returns above the traditional market and typically has little or no correlation with assets such as equity and bonds, therefore making it an attractive investment for those looking to diversify their portfolios.
Benefits of Investing in the Manna Fund
High Returns
Investing in Arima Agricultural Fund may not provide immediate returns, but over the long term, it pays off greatly. There is much less volatility in farmland than in other types of investments, meaning adding agriculture to your investment portfolio can provide continual stability with the potential for an annual income.
Investment Diversification and Hedge Inflation
With the current inflationary pressures caused by fiscal and monetary stimulus, supply chain disruption, and geopolitical events, it is timely to consider agricultural investment through Private Equities and Special Purpose Vehicles that will offer inflation protection and as a guaranteed and low-risk investment.
Source of Income
Investing in Arima Agricultural Fund, Manna Fund serves as the other source of income for an investor without necessarily having to grow crops or rear livestock on their own.
Use of Proceeds for Manna Fund
Manna Fund invests primarily in Dairy Farming and will expand its operations in crop farming once the fund achieves a substantive size with key pillars being in Production, Value addition and Marketing.
Manna Fund Structure
Below are the key items to note about the structure and return of the fund:
| Particulars | Details |
|---|---|
| Issuer: | Arima Manna Fund LLP |
| Arrangers and Placing Agents: | ARIMA Fund Limited by ACTSERV EA |
| Transaction Description: | The issue of up to Kenya Shillings Twenty Five Million (KES 25,000,000/-) |
| Issue Amount (Initial): | Kenya Shillings Four Million (KES 4,000,000/-) |
| Fund Currency: | Kenya Shillings (KES) |
| Note Denomination (Lot Size): | KES 0 (Zero) |
| Issue Date (Fund Value Date): | Open |
| Maturity Date: | 24 months (Funds can be rolled over after Maturity) |
| Fund Return: | Minimum Return: 7% (Variable Return: Upto 20% pa) |
| Coupon Status: | The Notes will trade cum-coupon – Trade at Principal plus Accrued Interest |
| Interest Notification: | The Issuer will notify the interest amounts due 1 week before they are due/maturity |
| Interest Payments: | Upon maturity I.e 24 months from the Issue Date or initial date the funds are invested |
| Default Interest: | None i.e. Funds can only be redeemed upon Maturity |
| Fund Redemption: | Upon Maturity i.e. 24 months from the initial date of investment of the funds or issue. |
| Topup/Addition Contributions: | KES 0 (Zero) (Matures after 24 Months from the date of Top up, Can also be rolled over to another Tenor) |
How to invest in the Manna Fund
Investing in the Manna Fund is easy and can be done in 4 simple steps:
- Read the product overview i.e Investment memorandum
- Fill in the Investment Agreement Form
- Deposit Funds in Arima Manna Fund Account
- Receive Business Confirmation