Nairobi, July 30 -- Two funds that allow investors to buy gold and top global firms like Nvidia, JPMorgan Chase, and Apple at the Nairobi bourse have made returns of up to 24 percent in the past year.

The Exchange Traded Funds (ETFs) traded at the Nairobi Securities Exchange (NSE) has benefited from volatile global markets despite underperforming the rest of the local equities market.

The two listed funds, the Absa NewGold EFT and the Sanlam-owned Satrix MSCI World ETF, which have their primary listing on the Johannesburg Stock Exchange, expose local investors to global assets.

The Satrix ETF was cross-listed at the NSE 12 months ago at an introductory price of Sh761 per unit, and is now trading at Sh941.

The Absa NewGold ETF is now t...