Fund Overview

The Umbrella Trust Fund is a medium- to long-term unit trust designed to provide capital preservation and steady income while offering better returns than short-term money market instruments.

Key details for June 2025:

• Yield: 12.55%

• Fund Size: UGX 2.796 trillion

• Minimum Investment: UGX 100,000

• Top-up Amount: UGX 100,000

• Liquidity: T+2 (access funds within 2 business days)

• Risk Profile: Low

• Management Fee: 2%

• Initial Fee: 0%

• Benchmark: Weighted average of 91-day T-bill (40%), average call rate (40%), and inflation (20%)

• Fund Manager: UAP Old Mutual Investment Group – Uganda

• Launch Date: 20 August 2013

Fund Performance Summary

The fund has consistently outperformed its benchmark, reflecting strong portfolio management and selection of yield-enhancing assets.

What the Fund Invests In

The Umbrella Trust Fund maintains a balanced allocation across various fixed-income instruments, with a bias toward long-term government securities:

Asset Allocation (June 2025):

• Treasury Bonds: 33.98%

• Treasury Bills: 29.89%

• Corporate Paper: 26.20%

• Fixed Deposits: 5.14%

• Cash & Call: 4.70%

Maturity Profile:

• Less than 1 year: 17.58%

• 1–5 years: 16.32%

• 5–10 years: 44.10%

• Over 10 years: 21.99%

This structure helps the fund provide both steady income and long-term capital protection.

Market Context – June 2025

Currency

The Uganda shilling appreciated by 1%, closing at UGX 3,594.41/USD. This was driven by global dollar weakness, strong remittances, and offshore investor inflows.

Inflation

Headline inflation rose slightly to 3.9%, driven by energy costs and outpatient service prices. Food prices eased, offering a partial offset.

Interest Rates

Short-term yields were mixed:

• 91-day T-bill: down 38.2 bps to 11.31%

• 182-day and 364-day: rose slightly

• Long-term bond yields declined due to fiscal year-end portfolio rebalancing.

Outlook

Yields are expected to remain elevated but soften slightly from Q2 highs due to pre-election government spending and high budgetary requirements.

Why This Fund Matters for Ugandan Investors

The Umbrella Trust Fund is suitable for:

• Investors planning for medium to long-term goals like land, retirement, or education

• Risk-averse savers looking for inflation protection

• Professionals and institutions aiming to preserve capital while earning strong income

With its UGX 2.796 trillion fund size, low-risk structure, and T+2 liquidity, this fund offers one of the most consistent and accessible long-term unit trust options in Uganda.

How to Invest in the UAP Old Mutual Umbrella Trust Fund via Level Africa

Level Africa makes it easy to invest in the Umbrella Trust Fund from anywhere:

1. Create an account at Level Africa

2. Upload your National ID or Passport

3. Go to the Unit Trusts section

4. Select the UAP Old Mutual Umbrella Trust Fund

5. Deposit funds into your Level wallet

6. Place your investment order

7. Track your returns and fund performance from your dashboard

Final Thoughts

In a market full of uncertainty, the UAP Old Mutual Umbrella Trust Fund continues to offer low-risk investors a clear edge. With a 12.55% return in June 2025, inflation protection, and quick access to funds, it’s a solid choice for wealth preservation and growth in Uganda.

Start Now – Create an Account on Level Africa
Join our community of like minded investors like yourself today Building Wealth With Level Africa.
Stay updated by following our WhatsApp channel.

Frequently Asked Questions

What is the UAP Old Mutual Umbrella Trust Fund?

It is a conservative unit trust that invests in government securities, corporate paper, and deposits for long-term income and capital preservation.

What was its return in June 2025?

It returned 12.55 percent, well above its benchmark of 9.30 percent.

What’s the minimum investment?

UGX 100,000 to start, and UGX 100,000 for top-ups.

How soon can I withdraw?

The fund offers T+2 liquidity, meaning funds are accessible within two business days.

Who is this fund ideal for?

It’s best suited for savers, long-term planners, and institutions that want low-risk, inflation-beating returns.

Is it regulated?

Yes. The fund is managed by UAP Old Mutual Investment Group – Uganda, under the regulation of the Capital Markets Authority.

The post June 2025 Unit Trusts in Uganda Update – UAP Old Mutual Umbrella Trust Fund Performance and Strategy appeared first on Level Africa.

Fund Overview

The Money Market Fund is a unit trust designed for short-term investors seeking steady income, liquidity, and low risk. It invests in high-quality, interest-bearing securities with a maturity of less than 36 months.

Key facts for June 2025:

• Monthly Yield: 12.01%

• Fund Size: UGX 13.085 billion

• Minimum Investment: UGX 100,000

• Top-Up Amount: UGX 100,000

• Liquidity: T+2

• Initial Fee: 0%

• Management Fee: 2%

• Benchmark: 91-day Uganda Treasury Bill

• Risk Profile: Medium

• Launch Date: 20 August 2013

• Fund Manager: UAP Old Mutual Investment Group – Uganda

Performance Summary

The fund outperformed its benchmark across all periods:

What the Fund Invests In

This fund builds its strength from its diversification across reliable asset classes:

• Treasury Bonds: 33.98%

• Treasury Bills: 29.89%

• Corporate Paper: 26.20%

• Fixed Deposits: 5.14%

• Cash & Call: 4.70%

It holds a short average maturity profile, with:

• 52.02% of assets maturing in 0–3 months

• 15.15% in 3–6 months

• 9.38% in 6–9 months

• 4.97% in 9–12 months

• 17.77% beyond 12 months

June 2025 Market Commentary

• Currency: The Uganda shilling appreciated by 1%, closing at UGX 3,594.41/USD. Strong remittances and global dollar weakness supported this gain.

• Inflation: Headline inflation edged up slightly to 3.9%, driven by energy and outpatient services costs.

• Interest Rates: Mixed trends were observed. The 91-day Treasury bill yield dropped to 11.31%, while the long-term bond yields declined across the curve due to end-of-year rebalancing.

• Outlook: Yields are expected to remain high but slightly lower than Q2, as fiscal spending and funding needs increase ahead of elections.

Why This Fund Matters for Ugandan Investors

This fund is particularly useful for:

• Individuals saving toward short-term goals like rent, tuition, or emergencies

• SMEs managing seasonal or idle cash

• Professionals looking for better-than-bank returns without locking up funds

• Conservative investors avoiding riskier assets

Its 12.01% return in June provided:

• Inflation-beating performance

• Daily pricing and quick access

• Better returns than typical savings or fixed deposits

• Safe income with lower volatility than equities

How to Invest in the UAP Old Mutual Money Market Fund via Level Africa

You can get started from anywhere in just a few steps:

1. Create an account at Level Africa

2. Upload your National ID or Passport

3. Go to the Unit Trusts section

4. Select the UAP Old Mutual Money Market Fund

5. Deposit funds into your wallet

6. Place your investment order

7. Track your performance through your dashboard

Final Thoughts

June 2025 saw the UAP Old Mutual Money Market Fund continue its strong, steady performance. A 12.01% return, capital protection, and liquidity make it one of the best-performing money market unit trusts in Uganda today.

Start Now – Create an Account on Level Africa
Join our community of like minded investors like yourself today Building Wealth With Level Africa.
Stay updated by following our WhatsApp channel.

Frequently Asked Questions

What is the UAP Old Mutual Money Market Fund?

It’s a low-risk unit trust that invests in Treasury bills, bonds, deposits, and corporate paper to earn regular income while preserving capital.

What is the fund’s return for June 2025?

It returned 12.01 percent, outperforming its benchmark of 11.31 percent.

How soon can I access my money?

Withdrawals are processed within 2 business days (T+2).

What is the minimum investment?

UGX 100,000 to start and the same amount for top-ups.

Is the fund regulated?

Yes. It’s regulated by the Capital Markets Authority and managed by UAP Old Mutual Investment Group – Uganda.

How is this different from saving in a SACCO or bank?

It offers higher returns, daily valuation, professional management, and no lock-in period.

How do I invest via Level Africa?

1. Create an account at Level Africa

2. Upload your National ID or Passport

3. Go to the Unit Trusts section

4. Select the UAP Old Mutual Money Market Fund

5. Deposit funds into your wallet

6. Place your investment order

7. Track your performance through your dashboard

The post June 2025 Unit Trusts in Uganda Update – UAP Old Mutual Money Market Fund Performance and Strategy appeared first on Level Africa.

Fund Overview

The Sanlam Income Fund is a conservative unit trust focused on generating income while preserving capital. It invests primarily in high-quality, interest-bearing securities with short-to-medium term maturity.

Key facts for June 2025:

• Effective Annual Yield: 13.11%

• Minimum Investment: UGX 100,000

• Fund Size: UGX 23.1 billion

• Risk Profile: Conservative

• Income Distribution: Monthly

• Liquidity: T+2

• Benchmark: 91-day Treasury Bill

• Management Fee: 2%

• Fund Launch Date: May 2009

• Fund Manager: Sanlam Investments East Africa

Fund Performance

This fund continues to outperform its benchmark by a wide margin, showing strong income potential for those prioritizing yield and liquidity.

What the Fund Invests In

The Sanlam Income Fund invests in:

• Treasury bills

• Treasury bonds

• Fixed deposits

• Commercial paper

In June, the fund maintained a short-to-medium duration strategy, targeting high-credit-quality instruments to limit interest rate risk and preserve capital.

Market Commentary – June 2025

Inflation

Inflation edged up slightly to 3.9%, driven by fuel and outpatient costs. Despite this, it remains within the central bank’s comfort range.

Currency

The Uganda shilling appreciated by 1%, closing at UGX 3,594.41/USD. Dollar inflows from remittances and lower import demand supported its strength.

Interest Rates

The 91-day Treasury bill dropped to 11.31%, while long-dated yields softened as institutional investors rebalanced portfolios. Expectations of stable interest rates continue into Q3.

Fund Strategy

In response to falling short-term yields, the fund rotated into longer-dated government securities and commercial paper to protect returns and maintain a consistent monthly payout.

Why This Fund Matters for Ugandan Investors

The Sanlam Income Fund is ideal for:

• Savers and retirees seeking reliable monthly income

• Professionals building up emergency funds

• Institutions looking for liquidity with better-than-bank yields

• Investors avoiding equity volatility

Benefits include:

• Monthly income distribution

• Daily pricing and transparency

• Conservative portfolio for capital preservation

• T+2 access to funds

How to Invest in the Sanlam Income Fund via Level Africa

You can invest through Level Africa in a few simple steps:

1. Create an account at Level Africa

2. Upload your National ID or Passport

3. Visit the Unit Trusts section under Products

4. Select “Sanlam Income Fund”

5. Deposit funds via mobile money, bank, or card

6. Place your order

7. Track your performance and income payouts on your dashboard

Final Thoughts

With a 13.11% return in June 2025, the Sanlam Income Fund continues to be a dependable choice for Ugandans who want their money to work without high risk. Its strong yield, professional management, and easy access through Level Africa make it one of the top unit trust options in the market.

Start Now – Create an Account on Level Africa
Join our community of like minded investors like yourself today Building Wealth With Level Africa.
Stay updated by following our WhatsApp channel.

Frequently Asked Questions

What is the Sanlam Income Fund?

It is a conservative unit trust that invests in government securities and commercial paper to provide monthly income and capital protection.

What was the return in June 2025?

It delivered a 13.11% effective annual yield.

What is the minimum investment?

UGX 100,000 for both initial investment and top-ups.

Can I access my money quickly?

Yes. The fund offers T+2 liquidity, meaning funds are available within two working days.

Who is this fund ideal for?

Salaried professionals, retirees, institutions, and anyone seeking low-risk, steady income in Uganda.

How do I invest through Level Africa?

1. Sign up

2. Upload your ID

3. Fund your wallet

4. Choose the Sanlam Income Fund

5. Place your order

6. Monitor everything from your Level dashboard

The post June 2025 Unit Trusts in Uganda Update – Sanlam Income Fund Performance and Strategy appeared first on Level Africa.

Fund Overview

The Sanlam Dollar Fund is a conservative unit trust designed for investors seeking stability, income, and value preservation in USD. It’s ideal for those planning for international tuition, imports, or simply looking to diversify out of the Ugandan shilling.

Key details for June 2025:

• Effective Annual Yield: 6.84%

• Minimum Investment: USD 1,000

• Fund Size: USD 2.73 million

• Risk Profile: Conservative

• Income Distribution: Monthly (compounded)

• Valuation Days: Daily (excluding weekends and public holidays)

• Transaction Cut-Off Time: 10:00 AM

• Benchmark: 3-Month SOFRA

• Management Fee: 1.5%

• Fund Launch Date: October 2024

What the Fund Invests In

The Sanlam Dollar Fund allocates its capital across high-quality USD fixed-income assets:

In June 2025, the fund maintained its focus on Eurobonds and short-term deposits to balance income, liquidity, and risk.

June 2025 Market Commentary

Inflation

US headline inflation remained flat at 2.4%, indicating a cooling trend that supports stable interest rates.

Currency

The US dollar weakened by 0.32%, with the Dollar Index (DXY) closing at 99.02. The dollar has lost 1.46% year-to-date as market expectations for Fed rate cuts increased.

Interest Rates

The US Federal Reserve maintained rates at 4.25% – 4.50%. Yields on long-term Treasuries fell during the month, boosting the value of existing bond holdings.

Fund Strategy

To hedge against rate volatility, the fund held a short-to-medium term bias, favoring instruments with maturity profiles of up to one year and rotating positions to optimize yield.

Why This Fund Matters for Ugandan Investors

The Sanlam Dollar Fund is perfect for:

• Diaspora investors who earn or remit in USD

• Parents planning for foreign tuition

• Importers, freelancers, or consultants paid in USD

• Investors seeking FX diversification

Benefits include:

• USD-denominated monthly income

• Low risk with daily pricing

• No lock-in period

• Global asset exposure via USD-denominated instruments

In a world where exchange rates can erode UGX returns, this fund provides a reliable hedge while earning real returns in hard currency.

How to Invest in the Sanlam Dollar Fund via Level Africa

You can get started right now through Level Africa:

1. Create an account at Level Africa

2. Upload your National ID or Passport

3. Go to the Unit Trusts section

4. Select “Sanlam Dollar Fund”

5. Fund your wallet in USD

6. Place your investment order

7. Track your performance and earnings from your dashboard

Final Thoughts

With a 6.84% yield in June 2025, the Sanlam Dollar Fund offers a dependable solution for USD-focused investors. It delivers income, protects your capital, and positions you to earn in a globally trusted currency—making it one of Uganda’s most attractive hard-currency unit trusts today.

Start Now – Create an Account on Level Africa
Join our community of like minded investors like yourself today Building Wealth With Level Africa.
Stay updated by following our WhatsApp channel.

Frequently Asked Questions

What is the Sanlam Dollar Fund?

It’s a USD-denominated unit trust that invests in assets like Eurobonds, deposits, and commercial paper to deliver income and protect your capital in dollars.

What was the return in June 2025?

The fund delivered a 6.84% effective annual yield.

What’s the minimum investment?

USD 1,000.

Can I access my money anytime?

Yes. The fund offers daily pricing and allows flexible withdrawals, processed after a short settlement period.

Who should invest in this fund?

It’s ideal for anyone saving in USD—diaspora Ugandans, exporters, tuition planners, freelancers, and professionals looking to diversify away from UGX.

Is the fund regulated?

Yes. It is managed by Sanlam Investments East Africa and regulated by the Capital Markets Authority of Uganda.

The post June 2025 Unit Trusts in Uganda Update – Sanlam Dollar Fund Performance and Strategy appeared first on Level Africa.

Fund Overview

The Sanlam Dollar Fund is a conservative fixed-income unit trust under the Sanlam Umbrella Fund – Unit Trust Scheme. It’s designed for investors who want to earn dollar-denominated income, preserve capital, and keep their investments liquid.

Key facts for May 2025:

• Effective Annual Yield: 7.18%

• Minimum Investment: USD 1,000

• Fund Size (AUM): USD 2.7 million

• Risk Profile: Conservative

• Income Distribution: Monthly (compounded)

• Income Price Dates: Daily (excluding holidays and weekends)

• Transaction Cut-Off Time: 10:00 AM

• Benchmark: 3-Month SOFRA

• Management Fee: 1.5%

• Inception Date: October 2024

What the Fund Invests In

The Sanlam Dollar Fund focuses on stable, income-generating USD assets such as:

• Eurobonds

• Corporate Bonds

• Bank Deposits

• Money Market Instruments (incl. Commercial Paper)

Allocation flexibility:

In May 2025, the fund maintained a preference for Eurobonds and Deposits, targeting both income stability and liquidity.

Market Commentary – May 2025

Inflation

US inflation rose slightly to 2.4 percent, up from 2.3 percent in April, but remains close to the Federal Reserve’s target. This indicates a stabilizing economic outlook with less upward price pressure.

Currency

The US dollar weakened by 0.14 percent, with the Dollar Index (DXY) closing at 99.33 (down from 99.47). This reflects improved investor confidence in other global currencies and shifting interest rate expectations.

Interest Rates

The US Fed held its benchmark rate at 4.25% – 4.50%, but markets continue to price in future rate cuts. Long-term Treasury yields rose slightly, affecting demand for longer-dated fixed-income instruments.

Why This Fund Matters for Ugandan Investors

The Sanlam Dollar Fund is especially valuable for:

• Diaspora investors with USD inflows

• Exporters or freelancers earning in dollars

• Parents or institutions saving for international obligations (e.g., tuition, imports, travel)

• Savvy savers looking to preserve value in hard currency

With a 7.18 percent USD yield, the fund offers:

• Inflation-beating income

• Capital protection

• Daily valuation and monthly compounding

• Flexibility for top-ups and redemptions

• An alternative to holding idle dollars in a savings account

How to Invest in the Sanlam Dollar Fund with Level Africa

Investing is simple through the Level Africa platform:

1. Create an account at Level Africa

2. Upload your National ID or Passport

3. Visit the Unit Trusts section

4. Select “Sanlam Dollar Fund”

5. Fund your wallet in USD via mobile money, bank, or card

6. Place your investment order

7. Track your income and performance from your dashboard

Final Thoughts

In a market where FX volatility and interest rate changes continue to make headlines, the Sanlam Dollar Fund’s 7.18 percent return proves its reliability for investors seeking dollar-denominated income and capital safety. Whether you earn, save, or plan in USD, this fund delivers consistent value.

Start Now – Create an Account on Level Africa
Join our community of like minded investors like yourself today Building Wealth With Level Africa.
Stay updated by following our WhatsApp channel.

Frequently Asked Questions

What is the Sanlam Dollar Fund?

It’s a conservative unit trust fund that invests in US dollar-denominated securities like Eurobonds, deposits, and commercial paper to earn income and preserve capital.

What is the minimum investment?

USD 1,000 to start.

How is the income paid?

Income is calculated daily and compounded monthly. You can choose to reinvest or withdraw.

Can I access my funds at any time?

Yes. Orders are processed daily (except weekends and holidays), with a transaction cut-off at 10:00 AM.

Who should invest in this fund?

It’s ideal for anyone earning or saving in US dollars—especially diaspora investors, exporters, tuition planners, and professionals.

What was the fund’s yield in May 2025?

The fund delivered an effective annual yield of 7.18 percent, net of fees.

How do I invest through Level Africa?

1. Sign up at Level Africa

2. Upload your ID

3. Fund your wallet in USD

4. Choose the Sanlam Dollar Fund

5. Place your order

6. Track your performance in real time

The post May 2025 Unit Trusts in Uganda Update – Sanlam Dollar Fund Performance and Strategy appeared first on Level Africa.

Fund Overview

The Sanlam Income Fund, managed under the Sanlam Umbrella Unit Trust Scheme, is structured to provide regular income while preserving your capital. It’s ideal for risk-averse investors who want more than what a traditional savings account offers—without tying up their money long term.

Key facts for May 2025:

• Effective Annual Yield: 13.19%

• Minimum Investment: UGX 100,000

• Portfolio Size: UGX 387 billion

• Risk Profile: Conservative

• Income Distribution: Monthly (compounded)

• Income Price Dates: Daily (excluding weekends and public holidays)

• Transaction Cut-Off Time: 10:00 AM

• Benchmark: 91-day Uganda Treasury Bill

• Management Fee: 1.5%

• Inception Date: 13 October 2020

What the Fund Invests In

The fund focuses on high-quality fixed income securities to deliver stable returns with minimal risk:

• Treasury Bills: 0–50%

• Treasury Bonds: 0–90%

• Bank Deposits: 0–50%

• Commercial Paper: 0–20%

This diverse allocation strategy helps balance income generation and liquidity—key for investors who may need to withdraw without penalty.

May 2025 Market Context and Portfolio Commentary

According to Sanlam’s May 2025 commentary:

• Inflation: Rose to 3.8%, up from 3.5% in April. Core inflation also ticked up to 4.2%. Despite this, inflation remains within the Bank of Uganda’s 4.5%–5.0% target.

• Currency: The Uganda shilling appreciated by 0.8% in May and 4.9% year-on-year, driven by lower demand for USD and strong commodity export inflows. More appreciation is expected heading into the coffee season.

• Interest Rates: The Central Bank Rate was held at 9.75%, and the government raised UGX 3.2 trillion through private bond placements. Notably, 10-year bond yields ranged from 16.5% to 18.25%.

• Fund Strategy: The Income Fund maintained its overweight allocation to government securities to protect returns and ensure liquidity.

Why This Fund Matters for Ugandan Investors

With Treasury bill and bond rates still elevated, this fund gives investors:

• Access to steady monthly income

• Low volatility even during global uncertainty

• A better return than typical savings or call accounts

• Daily pricing for better transparency

• Flexibility on top-ups and redemptions

The fund’s large portfolio size (UGX 387 billion) and consistent yield show investor confidence and institutional-grade management.

How to Invest in the Sanlam Income Fund with Level Africa

You can invest in the Sanlam Income Fund directly through Level Africa in just a few simple steps:

1. Create an account at Level Africa

2. Upload your National ID or Passport for verification

3. Go to the Unit Trusts section

4. Select “Sanlam Income Fund” from the list of available funds

5. Deposit money into your Level Africa wallet

6. Place your investment order with just a few clicks

7. Track your income and fund performance anytime from your dashboard

No paperwork. No office visits. Just straightforward investing from anywhere.

Final Thoughts

The Sanlam Income Fund remains one of Uganda’s best low-risk fixed income options for May 2025. With a 13.19% yield, strong regulatory backing, and capital preservation focus, it’s a smart choice for income seekers and conservative investors alike.

Start Now – Create an Account on Level Africa
Join our community of like minded investors like yourself today Building Wealth With Level Africa.
Stay updated by following our WhatsApp channel.

Frequently Asked Questions

What is the Sanlam Income Fund?

It’s a conservative unit trust fund that invests in Treasury bills, bonds, fixed deposits, and commercial paper to deliver monthly income while protecting your capital.

What’s the minimum investment amount?

UGX 100,000.

How often is income paid?

Income is calculated daily and compounded monthly. You can withdraw it or reinvest it.

Is this a safe investment?

Yes. The fund is regulated by the Capital Markets Authority and focuses on low-risk fixed income assets.

What return did it offer in May 2025?

An effective annual yield of 13.19 percent, net of fees.

Can I access my funds anytime?

Yes. The fund allows flexible top-ups and redemptions. Just ensure transactions are placed before 10:00 AM.

How is it different from a money market fund?

While both are low-risk, the Income Fund may hold longer-dated bonds and can offer slightly higher yields, especially in rising rate environments.

The post May 2025 Unit Trusts in Uganda Update – Sanlam Income Fund Performance and Strategy appeared first on Level Africa.

Fund Overview

The Money Market Fund, managed by UAP Old Mutual Investment Group – Uganda, is designed for investors who want a low-volatility, interest-earning vehicle with quick access to their money.

Key features as of May 2025:

• Fund Size: UGX 12.931 billion

• Minimum Investment: UGX 100,000

• Top-Up Amount: UGX 100,000

• Liquidity: T+2 (withdraw in two business days)

• Risk Profile: Medium

• May Yield: 10.95 percent

• Benchmark: 91-day Treasury bill (closed at 11.688 percent)

• Management Fee: 2 percent

• Initial Fee: 0 percent

• Fund Inception: 20 August 2013

The fund is suitable for individuals and businesses looking to earn interest on short-term savings without locking funds in for long durations.

Performance Summary

The Money Market Fund remained competitive against its benchmark:

Its consistent performance shows the fund’s ability to deliver strong returns with lower risk and greater liquidity than fixed deposits or long-term bonds.

What the Fund Invests In

The Money Market Fund invests in interest-bearing assets with short maturities to ensure quick access to funds and capital preservation.

Asset allocation as of May 2025:

• Treasury Bonds: 33.98 percent

• Treasury Bills: 29.89 percent

• Corporate Paper: 26.20 percent

• Fixed Deposits: 5.14 percent

• Cash & Call: 4.70 percent

The maturity profile is heavily weighted toward short-term instruments (below 12 months), with:

• 66.58% maturing within 3 months

• 21.72% between 3 to 12 months

• 11.70% above 12 months

This ensures both yield and liquidity for investors.

Why This Fund Matters for Ugandan Investors

In May, the Uganda shilling appreciated by 0.95 percent, closing at UGX 3,630.86, supported by strong dollar inflows, export earnings (especially from coffee), and financial market reforms. Treasury yields remained elevated across most tenors as government borrowing increased following approval of a UGX 4.86 trillion supplementary budget.

• 91-day T-bill: 11.688 percent

• 182-day: 12.419 percent

• 364-day: 15.281 percent

Inflation rose to 3.8 percent, the highest since August 2024, driven by food and transport prices. Core inflation also edged up to 4.2 percent.

Amid these pressures, the Money Market Fund provided investors:

• Liquidity within 2 business days

• Higher income than most bank deposits

• A buffer against rising inflation

• Diversified short-term exposure

How to Invest with Level Africa

You can start investing with Level Africa in minutes. Here’s how:

1. Create an account at Level Africa

2. Upload your National ID or Passport

3. Go to the Unit Trusts section

4. Select the UAP Old Mutual Money Market Fund

5. Deposit funds into your wallet

6. Place your order

7. Track your returns from your dashboard

Final Thoughts

With elevated yields and rising inflation, the UAP Old Mutual Money Market Fund offers a safe way to earn competitive returns on short-term cash. It’s ideal for anyone who needs their money accessible but still wants it to grow.

Start Now – Create an Account on Level Africa
Join our community of like minded investors like yourself today Building Wealth With Level Africa.
Stay updated by following our WhatsApp channel.

Frequently Asked Questions

What is a money market fund?

A money market fund is a short-term investment that invests in secure interest-bearing assets like Treasury bills, fixed deposits, and corporate paper. It’s designed to provide income and preserve capital.

Who is the Money Market Fund for?

It’s ideal for savers, businesses, and investors who want better returns than a savings account but still need access to their money.

What’s the minimum investment?

You can start with UGX 100,000 and top up from the same amount or more.

How quickly can I access my money?

Withdrawals are processed within two business days (T+2), offering flexibility and liquidity.

Is this fund safe?

It’s a medium-risk fund regulated by the Capital Markets Authority. It invests in secure government and corporate short-term instruments.

How does it compare to fixed deposits or SACCOs?

The Money Market Fund usually pays higher interest than most fixed deposits or SACCO accounts, and allows easier withdrawals.

How do I invest using Level Africa?

1. Sign up at Level Africa

2. Upload your ID

3. Fund your wallet

4. Choose the UAP Old Mutual Money Market Fund

5. Place your order

6. Track your performance online

The post May 2025 Unit Trusts in Uganda Update – UAP Old Mutual Money Market Fund Performance and Strategy appeared first on Level Africa.

Whether you are saving for school fees, retirement, or simply looking to earn a better return than a regular savings account, this unit trust offers a practical way to build wealth while preserving your capital. Let’s break down the latest performance and how the fund works.

Fund Overview

The Umbrella Trust Fund is managed by UAP Old Mutual Investment Group – Uganda. It was launched in August 2013 and is built for investors who want long-term returns with low volatility.

Here’s a snapshot of key features:

• Fund Size: UGX 2.728 trillion

• Minimum Investment: UGX 100,000

• Minimum Top-Up: UGX 100,000

• Liquidity: Withdrawals processed in T+2 days

• Risk Level: Low

• May 2025 Yield: 12.24%

• Management Fee: 2 percent

• Initial Fee: 0 percent

This fund is especially suitable for investors who want to preserve capital, beat inflation, and avoid the ups and downs of the stock market.

Performance Summary

The Umbrella Trust Fund continues to deliver consistent results, outperforming its benchmark across all timeframes.

The benchmark is calculated based on a blend of the 91-day T-bill rate, the average call rate, and the inflation rate. The fund’s performance shows strong income generation while remaining relatively stable, which is ideal in a high-interest, high-inflation environment like Uganda’s.

What the Fund Invests In

The Umbrella Trust Fund invests in interest-earning financial instruments from trusted issuers such as the government and top-rated companies. These assets are designed to generate consistent income while keeping risk low.

Here’s how the fund’s assets are allocated:

• Treasury Bonds: 33.98 percent

• Treasury Bills: 29.89 percent

• Corporate Paper: 26.20 percent

• Fixed Deposits: 5.14 percent

• Cash and Call: 4.70 percent

By diversifying across short-term and long-term fixed-income securities, the fund maintains stability while taking advantage of attractive yields across the curve.

Why This Fund Matters for Ugandan Investors

With Uganda’s inflation rising to 3.8 percent in May 2025, the Umbrella Trust Fund’s 12.24 percent yield offers a safe and meaningful way to protect and grow your money.

This fund is ideal if you are:

• Planning for future expenses like school fees, land, or a wedding

• Building an emergency fund

• Looking for a low-risk way to earn income

• Tired of low savings account returns

The fund is backed by government securities and top-tier financial institutions. Plus, it offers T+2 liquidity, so your money is accessible when you need it.

How to Invest with Level Africa

Getting started is simple. Here’s how you can invest in the Umbrella Trust Fund through Level Africa:

1. Create an account on Level Africa

2. Upload your National ID or Passport to complete KYC

3. Go to the “Unit Trusts” section under Products

4. Select the Umbrella Trust Fund

5. Deposit money into your wallet

6. Place your investment order

7. Track your performance directly from your dashboard

You can start with as little as UGX 100,000 and grow your investment at your own pace.

Final Thoughts

The UAP Old Mutual Umbrella Trust Fund remains a smart option for Ugandans seeking low-risk, income-generating investments. With strong historical performance and easy access through Level Africa, this fund is a solid step toward your financial goals.

Start Now – Create an Account on Level Africa

Join our community of like minded investors like yourself today Building Wealth With Level Africa.

Stay updated by following our WhatsApp channel.

Frequently Asked Questions

What is a unit trust?

A unit trust is a pooled investment fund where your money is combined with other investors’ money and professionally managed. The fund invests in assets like treasury bills, bonds, or corporate paper. You earn returns based on the overall performance of the fund.

How do unit trusts work in Uganda?

You buy “units” in the fund. The value of these units increases or decreases based on the performance of the fund’s investments. Fund managers make the investment decisions for you. You can cash out your investment when needed, usually within 2 business days.

What are the benefits of investing in a unit trust?

• Low starting capital

• Access to professional fund managers

• Lower risk through diversification

• Steady returns

• Easy access and flexible top-ups

Is it safe to invest in a unit trust?

Yes. Unit trusts in Uganda are regulated by the Capital Markets Authority. Funds that invest in government and high-quality corporate securities are considered low risk, especially those labeled as “low-risk” funds.

What is the minimum amount needed to invest?

The minimum initial investment for the Umbrella Trust Fund is UGX 100,000. The same amount applies for top-ups.

How do I get started with Level Africa?

Open an account, complete KYC with your National ID or passport, deposit funds, choose a unit trust, and place your order. Everything can be done online on the Level Africa platform.

Can I lose money in a unit trust?

While low-risk funds aim to preserve your capital, there’s always a chance of short-term losses due to market fluctuations. However, unit trusts are designed for long-term stability, especially those investing in treasury instruments.

The post May 2025 Unit Trusts in Uganda Update – UAP Old Mutual Umbrella Trust Fund Performance and Insights appeared first on Level Africa.

Let’s take a closer look at the fund’s latest results, how it works, and why it could be a good fit for your financial goals in Uganda.

Fund Overview

The Umbrella Trust Fund is managed by UAP Old Mutual Investment Group – Uganda and is designed for investors seeking income and capital preservation with minimal volatility.

Here’s a summary of its features:

• Fund Size: UGX 2.690 trillion

• Minimum Investment: UGX 100,000

• Minimum Top-Up: UGX 100,000

• Liquidity: T+2 (get your money in two business days)

• Risk Level: Low

• April 2025 Yield: 12.19%

• Management Fee: 2 percent

• Initial Fee: 0 percent

• Launch Date: 20 August 2013

It’s a smart choice for anyone who wants better returns than a savings account but without the stress of stock market volatility.

Performance Summary

The fund continues to outperform its benchmark, offering a strong return profile even in uncertain economic conditions.

The benchmark is a weighted mix of the 91-day Treasury bill rate, the average call rate, and the inflation rate — giving a fair comparison for short- and medium-term money market and bond-based investments.

What the Fund Invests In

The Umbrella Trust Fund invests in a well-diversified mix of income-generating securities, primarily in Uganda but also regionally and offshore where needed.

Here’s the asset breakdown:

• Treasury Bonds: 33.98%

• Treasury Bills: 29.89%

• Corporate Paper: 26.20%

• Fixed Deposits: 5.14%

• Cash and Call: 4.70%

This allocation helps deliver a reliable yield while keeping risk low. Most of the capital is held in government-issued instruments, which are considered very secure.

Why This Fund Matters for Ugandan Investors

With annual inflation reaching 3.5% in April, the fund’s 12.19% return offers solid inflation protection and helps investors preserve their purchasing power. The fund is especially suitable if you are:

• Saving for tuition, land, a wedding, or retirement

• Building an emergency fund

• Looking for passive income without high risk

• Seeking a more rewarding alternative to fixed deposits or SACCOs

The fund’s T+2 liquidity also means your money stays accessible when needed.

How to Invest with Level Africa

You can invest in the Umbrella Trust Fund quickly and easily through Level Africa. Here’s how:

1. Create an account on Level Africa

2. Upload your National ID or Passport for KYC

3. Go to the “Unit Trusts” section under Products

4. Select the Umbrella Trust Fund

5. Deposit money into your wallet

6. Place your investment order

7. Track your earnings and performance on your dashboard

You can start with just UGX 100,000 and grow your investment on your terms.

Final Thoughts

The UAP Old Mutual Umbrella Trust Fund remains one of the most reliable fixed-income investment options in Uganda. With strong returns, minimal risk, and ease of access, it’s an ideal fund for new and seasoned investors alike.

Start Now – Create an Account on Level Africa
Join our community of like minded investors like yourself today Building Wealth With Level Africa.
Stay updated by following our WhatsApp channel.

Frequently Asked Questions

What is a unit trust?

A unit trust is a type of collective investment where money from many investors is pooled together and managed by professionals. The fund invests in assets like treasury bills, bonds, and corporate paper. Each investor owns “units” of the total pool.

How do unit trusts work in Uganda?

When you invest in a unit trust, you buy units that represent your share in the fund. The fund manager invests the money on your behalf. Your returns depend on the fund’s performance, and you can withdraw your money when needed, usually within 2 business days.

What are the benefits of unit trusts?

• Easy to start (from UGX 100,000)

• Professionally managed

• Diversified investments reduce risk

• Earns better returns than most savings accounts

• Accessible and regulated

Are unit trusts safe?

Yes. Unit trusts in Uganda are regulated by the Capital Markets Authority. While no investment is completely risk-free, funds like the Umbrella Trust Fund are low-risk and mostly invest in government and high-grade corporate securities.

What’s the minimum investment required?

You can start with just UGX 100,000. The same amount applies for top-ups.

Can I lose money in a unit trust?

It’s possible, but unlikely in low-risk funds. The value of your units may go up or down slightly, but because these funds focus on secure, income-generating assets, they aim to preserve capital and provide stable returns.

How do I invest through Level Africa?

1. Sign up at Level Africa

2. Upload your ID

3. Go to the Unit Trusts section

4. Select a fund

5. Deposit money

6. Place your order

7. Monitor your investment from your dashboard

The post April 2025 Unit Trusts in Uganda Update – UAP Old Mutual Umbrella Trust Fund Performance and Strategy appeared first on Level Africa.

Fund Overview

The Money Market Fund, managed by UAP Old Mutual Investment Group – Uganda, is built for safety, income, and quick access to funds.

Key details for April 2025:

• Fund Size: UGX 11.773 billion

• Minimum Investment: UGX 100,000

• Top-Up Amount: UGX 100,000

• Liquidity: T+2 (two business days)

• Risk Profile: Medium

• April 2025 Yield: 10.77 percent

• Benchmark: 91-day Treasury Bill (closed at 10.625 percent)

• Management Fee: 2 percent

• Initial Fee: 0 percent

• Fund Inception: 20 August 2013

Performance Summary

The fund stayed ahead of its benchmark over longer timeframes.

This consistent performance shows the value of professional management and disciplined short-term investing.

What the Fund Invests In

The fund focuses on high-quality, interest-earning assets with short maturities to maintain safety and liquidity.

Asset allocation:

• Treasury Bonds: 33.98 percent

• Treasury Bills: 29.89 percent

• Corporate Paper: 26.20 percent

• Fixed Deposits: 5.14 percent

• Cash & Call: 4.70 percent

Maturity profile:

• 68.67% matures in under 3 months

• 15.62% matures in 3 to 6 months

• 10.22% matures in 6 to 9 months

• 5.49% matures beyond 9 months

This structure provides investors with income, safety, and near-instant access.

Why This Fund Matters for Ugandan Investors

In April, the Uganda shilling was stable, depreciating just 0.08 percent, closing at UGX 3,665.64. The local market was affected by rising election uncertainty and increased fiscal pressure. Yields remained elevated:

• 91-day T-bill: 10.625 percent

• 182-day: 12.428 percent

• 364-day: 15.016 percent

Inflation edged up to 3.5 percent, mainly due to rising service prices. Despite this, the fund delivered an April return of 10.77 percent, making it a strong pick for:

• Salary earners saving short-term

• Businesses optimizing idle cash

• Anyone needing higher interest than a regular savings account

• Emergency fund builders

How to Invest with Level Africa

You can begin investing in just a few minutes. Here’s how:

1. Create an account at Level Africa

2. Upload your National ID or Passport

3. Go to the Unit Trusts section

4. Select the Money Market Fund

5. Deposit money into your wallet

6. Place your investment order

7. Track your returns from your dashboard

Final Thoughts

The UAP Old Mutual Money Market Fund delivered another month of reliable, short-term income with minimal risk. If you’re looking to beat inflation and earn steady returns while keeping your money accessible, this fund offers a simple and effective solution.

Start Now – Create an Account on Level Africa
Join our community of like minded investors like yourself today Building Wealth With Level Africa.
Stay updated by following our WhatsApp channel.

Frequently Asked Questions

What is a money market fund?

It’s a type of investment that focuses on low-risk, short-term instruments like Treasury bills, fixed deposits, and corporate notes to deliver steady income and preserve capital.

How fast can I access my money?

Withdrawals are processed within two business days (T+2), making this fund highly liquid.

Who should invest in this fund?

It’s ideal for individuals and businesses seeking safe, short-term returns that beat bank savings accounts.

How much do I need to start?

You can invest with a minimum of UGX 100,000, and top up from the same amount or more.

Is the Money Market Fund safe?

Yes. It’s regulated by the Capital Markets Authority and follows a conservative investment strategy focused on secure, interest-bearing assets.

How do I invest with Level Africa?

1. Sign up at Level Africa

2. Upload your ID

3. Fund your wallet

4. Choose the UAP Old Mutual Money Market Fund

5. Place your investment

6. Track your returns online

The post April 2025 Unit Trusts in Uganda Update – UAP Old Mutual Money Market Fund Performance and Strategy appeared first on Level Africa.