If you’re searching for a Cornerstone Unit Trust in Uganda, one of the options available through Level Africa is the Cornerstone Income Fund.
The fund is denominated in Uganda shillings and provides access to a professionally managed fixed-income portfolio.
As of July 2026, the Cornerstone Income Fund reported an effective annual yield of 15.27%, with investors able to start from UGX 100,000.
This guide explains how the Cornerstone Income Fund works, its latest return, minimum investment, portfolio, investment period and how to access it through Level Africa.
Cornerstone Unit Trust Return in Uganda
The latest available July 2026 information shows:
| Cornerstone Income Fund | |
|---|---|
| Effective Annual Yield | 15.27% |
| Minimum Investment | UGX 100,000 |
| Currency | UGX |
| Investment Focus | Fixed Income |
| Recommended Term | 1 year |
| Risk Profile | Low to medium |
Last updated: July 2026
The 15.27% figure is an effective annual yield rather than a guaranteed fixed interest rate.
Investment performance can change over time depending on the performance of the assets held by the fund and market conditions.
What Is the Cornerstone Income Fund?
The Cornerstone Income Fund is a professionally managed Unit Trust focused on generating income and long-term capital appreciation through a diversified fixed-income portfolio.
Instead of selecting and managing individual fixed-income investments yourself, your money is pooled with that of other investors and managed according to the fund’s investment strategy.
The fund can therefore provide an accessible way to gain exposure to a portfolio of income-generating investments.
How Much Do You Need to Invest in Cornerstone?
The minimum investment available through Level Africa is:
UGX 100,000
This puts the Cornerstone Income Fund within the same starting range as several other UGX Unit Trust opportunities available through Level Africa.
Starting amounts alone therefore don’t determine which Unit Trust to choose.
You should also compare the fund’s:
- Investment strategy
- Recent performance
- Risk
- Investment period
- Liquidity
- Fees
- Underlying investments
How Much Could You Earn?
Suppose you invest:
UGX 10,000,000
If an investment generated a hypothetical return of 15.27% over one year, that would represent approximately:
UGX 1,527,000
in investment growth.
The resulting value would be approximately:
UGX 11,527,000
before considering applicable fees, taxes or other factors.
This is an illustration using the current effective annual yield. It does not mean an investor is guaranteed to earn 15.27% over the next year.
Is the Cornerstone Unit Trust Return Guaranteed?
No.
The Cornerstone Income Fund is an investment, and its performance can change.
The current 15.27% effective annual yield should therefore be understood as a performance measure rather than a promise of the return every investor will receive in the future.
When considering the fund, look beyond the current percentage and consider the underlying portfolio, investment period, risk and your own investment objective.
Who Might Consider the Cornerstone Income Fund?
The fund may be relevant to investors looking for:
UGX Investing
The fund is denominated in Uganda shillings.
Income-Focused Investing
The portfolio is designed around fixed-income investments and generating investment income.
Bond Exposure
A significant proportion of the fund is invested in bonds.
Professional Management
The underlying investments are selected and managed within the Unit Trust structure rather than requiring the investor to manage individual securities.
A One-Year Investment Period
The fund has a recommended investment term of approximately one year.
Cornerstone vs Money Market Funds
The Cornerstone Income Fund should not automatically be treated as equivalent to a Money Market Fund.
One important difference is the underlying investment strategy.
Cornerstone’s portfolio has substantial exposure to bonds.
Money Market Funds such as the Old Mutual Money Market Fund and ICEA Money Market Fund are more directly positioned around shorter-term investing, liquidity and capital preservation.
This can make the funds suitable for different objectives.
An investor comparing them should consider:
Return + Liquidity + Risk + Investment Period + Portfolio
rather than selecting whichever currently displays the highest percentage.
Cornerstone vs Old Mutual Unit Trust
Old Mutual currently has two Unit Trust options available through Level Africa:
Old Mutual Umbrella Trust Fund — 12.98% July yield
Old Mutual Money Market Fund — 12.66% July yield
The Cornerstone Income Fund reported a 15.27% effective annual yield for July 2026.
However, these figures should not be treated as a perfect percentage ranking because the funds can have different strategies and performance-reporting methodologies.
The Old Mutual Money Market Fund is oriented toward shorter-term investing and liquidity, while the Old Mutual Umbrella Trust Fund is positioned for medium- to long-term investing.
Cornerstone, meanwhile, provides an income-focused portfolio with substantial bond exposure.
Cornerstone vs SanlamAllianz Income Fund
The SanlamAllianz Income Fund is another UGX-denominated Unit Trust available through Level Africa.
As of July 2026:
Cornerstone Income Fund — 15.27% effective annual yield
SanlamAllianz Income Fund — 12.06% last 30-day average rate
Both start from UGX 100,000 through Level Africa.
Again, these performance figures use different reporting bases.
An investor should therefore compare more than the headline percentages, including the funds’ investment strategies, liquidity, risk and investment objectives.
Is Cornerstone the Best Unit Trust in Uganda?
There isn’t one Unit Trust that is automatically the best for every investor.
Cornerstone currently has the highest headline UGX figure among the Unit Trusts in Level Africa’s July 2026 comparison.
But the highest current return does not automatically make a fund the right choice for every investment goal.
For example, an investor prioritising short-term liquidity may evaluate a Money Market Fund differently from someone looking for income and bond exposure.
For a wider comparison, see Best Unit Trusts in Uganda.
How to Invest in Cornerstone Unit Trust Through Level Africa
The Cornerstone Income Fund can be accessed through Level Africa.
1. Create & Verify
Create your Level Africa account and complete verification.
2. Fund Your Wallet
Add money to your Level wallet.
3. Choose Cornerstone Income Fund
Review the fund’s current information and select the amount you want to invest.
4. Invest & Track
Complete your investment and track it through your Level Africa account.
Compare Cornerstone With Other Unit Trusts
Before investing, you can compare Cornerstone with the other Unit Trust opportunities available through Level Africa from Old Mutual, ICEA and SanlamAllianz.
Compare the funds based on their recent performance, investment strategy, currency, minimum investment, liquidity and investment objective.
Frequently Asked Questions
What is the Cornerstone Unit Trust return in Uganda?
As of July 2026, the Cornerstone Income Fund reported an effective annual yield of 15.27%. Investment performance can change and returns are not guaranteed.
What is the minimum investment in the Cornerstone Income Fund?
The minimum investment available through Level Africa is UGX 100,000.
What does the Cornerstone Income Fund invest in?
The fund invests primarily in fixed-income investments. As of July 2026, approximately 92.92% of its portfolio was invested in bonds.
Is Cornerstone a Money Market Fund?
The Cornerstone Income Fund is an income-focused fixed-income Unit Trust. Its portfolio differs from Money Market Funds such as the Old Mutual Money Market Fund and ICEA Money Market Fund.
How long should I invest in the Cornerstone Income Fund?
The recommended investment term is approximately one year.
Is the 15.27% return guaranteed?
No. The 15.27% figure is an effective annual yield based on the latest available July 2026 information. Future investment performance can differ.
Can I invest in Cornerstone online?
Yes. The Cornerstone Income Fund is available through Level Africa.
How do I compare Cornerstone with other Unit Trusts?
You can compare Unit Trusts available through Level Africa across recent performance, minimum investment, currency and investment objective.