The Silent Thief: Currency Depreciation.

Currency depreciation is the decline in the value of one currency relative to another. Several factors, including economic instability, inflation, and changes in interest rates, can cause it.

Currency depreciation can significantly impact individuals and businesses, as it can erode the value of savings and investments and make imports more expensive.

The Impact of Currency Depreciation in Kenya:

The Kenya shilling has depreciated against the U.S. dollar by over 17% this year. This depreciation has had several negative consequences for the Kenyan economy, including:

• Higher inflation: The cost of imported goods and services has increased, which has led to higher inflation.

• Reduced purchasing power: Kenyans' purchasing power has decreased, as their money can buy less than it could before.
• Increased cost of borrowing: The Kenyan government and businesses have to pay more to borrow money in foreign currencies.
• Decreased foreign investment: Foreign investors are less likely to invest in Kenya when the shilling depreciates.

Is your money sitting in the bank? Here's an eye-opener.

The image illustrates the negative impact of currency depreciation on investments. In this example, the bank's portfolio value would have increased by 150,000 KSH (30% of 500,000 KSH) if the foreign currency had not depreciated. However, due to the depreciation of the foreign currency, the bank's portfolio value only increased by 100,000 KSH.

How to Protect Yourself from Currency Depreciation:

There are many things that individuals and businesses can do to protect themselves from currency depreciation. These include:

1. Investing in foreign currencies: Investing in foreign currencies, such as the U.S. dollar, can help to protect your wealth from the depreciation of the Kenya shilling.
2. Investing in assets denominated in foreign currencies: Investing in assets denominated in foreign currencies, such as U.S. stocks and bonds, can also help protect your wealth from currency depreciation.
3. Diversifying your portfolio: Diversifying your portfolio by investing in various assets, including foreign currencies and support, can help reduce your risk from currency depreciation.

ndovu's Revolutionary Solution:

ndovu is a fintech organization that offers a revolutionary solution to currency depreciation in Kenya. ndovu offers U.S. dollar-denominated exchange-traded funds (ETFs), which allow Kenyans to invest in globally renowned companies denominated in a stable currency - the almighty dollar, including the giants of Silicon Valley.

ndovu's ETFs are affordable and accessible to invest in. They are also transparent, with low fees and no hidden charges.

Take Action to Protect What's Yours.

Currency depreciation is a silent thief that can erode the value of your savings and investments. However, you can do several things to keep your savings and investments from losing value, such as investing in foreign currencies, investing in assets denominated in foreign currencies, and diversifying your portfolio.

With ndovu, you can bypass the headaches caused by the Kenya shilling's devaluation and transform your investments into a powerful avenue to profit from this situation. Our affordable access to U.S. dollar-denominated ETFs allows you to diversify your portfolio and safeguard your wealth like never before.

At what cost? Nothing!

Visit our website today to create your ndovu at no cost! Radhika Bhachu , ndovu CEO and Co-founder, says:

"Investing with ndovu is not just smart; it's a chance to outsmart the game. Don't let the financial world intimidate you any longer. Embrace the power of U.S. dollar-denominated ETFs and join the revolution that's changing investing in Kenya."

Watch the Webinar: Building Financial Resilience with ndovu.

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Investing in ETFs involves risks, including currency risks, liquidity risks and market risks. Market prices of securities within the ETF may rise and fall, sometimes rapidly and unpredictably.

Past performance is not indicative of future results. Please refer to the prospectus for more information on the Techie Fund's performance and associated risks.