Galaxy Capital have launched galaxy mutual funds.According to the CEO of Galaxy Capital Mr. Bright Kaitoo, the fund is an investment vehicle established with the objective to mobilise funds for investment in well selected listed equities and fixed income instruments by the way of collective investment scheme.
He further noted that the strength of the vehicle lies in the large number of individual investors who together can provide the necessary funds to enable investments in listed and unlisted equities as well as fixed income securities, with the possibility of high earnings.
He also stated that the investment capital fund is to be made up of the subscriptions of investors to share of the fund.
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