February 2025 Unit Trusts in Uganda Update – Sanlam Income Fund Performance and Strategy
For investors in Uganda looking to grow their savings without taking big risks, the Sanlam Income Fund remains a top performer. In February 2025, it posted a 13.15% annualized return, comfortably outperforming the 91-day Treasury Bill benchmark once again.
Fund Overview
The Sanlam Income Fund is built for investors who want monthly income, capital preservation, and liquidity. It holds a mix of government and corporate fixed-income securities to reduce risk while delivering returns that beat inflation.
Key facts for February 2025:
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Annualized Return: 13.15%
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Minimum Investment: UGX 100,000
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Fund Size (AUM): UGX 22.6 billion
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Risk Profile: Conservative
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Income Distribution: Monthly
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Liquidity: T+2 (access your funds within two working days)
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Benchmark: 91-day Treasury Bill
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Management Fee: 2%
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Fund Manager: Sanlam Investments East Africa
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Fund Launch: May 2009
Fund Performance
| Period | Return (%) | Benchmark (%) |
|---|---|---|
| February 2025 (Annualized) | 13.15 | 11.55 |
The fund continued its streak of outperforming the Treasury bill benchmark, making it a compelling choice for income-focused Ugandans.
What the Fund Invests In
To generate steady income while protecting capital, the fund invests in:
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Treasury bills and bonds
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Fixed deposits
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Commercial paper
In February, the portfolio favored short-term government instruments and quality deposits to maintain returns while managing interest rate risk.
February 2025 Market Commentary
Inflation
Uganda’s annual inflation eased slightly to 3.4%, largely driven by falling food prices.
Currency
The Uganda shilling strengthened against the US dollar, supported by strong remittance inflows and moderate demand for imports.
Interest Rates
The 91-day Treasury bill yield declined slightly to 11.55%. As interest rates in Uganda showed signs of stabilizing, short-term instruments remained attractive for risk-conscious investors.
Fund Strategy
The fund maintained its conservative position, balancing liquidity and yield. By focusing on high-grade short-term instruments, it captured consistent returns while limiting volatility.
Why This Fund Matters for Ugandan Investors
The Sanlam Income Fund suits a wide range of investors, including:
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Retirees and pensioners needing reliable monthly payouts
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Professionals and SMEs saving for medium-term goals
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SACCOs and churches looking for stable, short-term investments
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First-time investors looking for a safe entry point into unit trusts
Key benefits:
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Earn monthly income
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Access funds in 2 working days
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Start with as little as UGX 100,000
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Managed by Sanlam, one of Africa’s leading investment firms
How to Invest in the Sanlam Income Fund via Level Africa
Getting started is easy:
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Create an account at Level Africa
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Upload your National ID or Passport
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Visit the Unit Trusts section
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Select Sanlam Income Fund
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Deposit money via mobile money, card, or bank transfer
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Place your order
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Track your income and portfolio in real time
Final Thoughts
With a 13.15% return in February 2025, the Sanlam Income Fund continues to outperform expectations. For any Ugandan looking for dependable monthly income and a place to grow their savings safely, this fund remains one of the best choices in the market.
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Frequently Asked Questions
What is the Sanlam Income Fund?
A fixed-income unit trust that invests in short- and medium-term securities to provide monthly returns while preserving capital.
What return did it offer in February 2025?
The fund returned 13.15% annualized, outperforming the 91-day Treasury Bill rate.
Who is this fund suitable for?
Ugandans looking for low-risk, steady income — including professionals, retirees, SACCOs, and SMEs.
How quickly can I access my money?
You can access your funds within 2 working days (T+2 liquidity).
How much do I need to start?
You can start with just UGX 100,000.
Is the fund regulated?
Yes. It is managed by Sanlam Investments East Africa and regulated by the Capital Markets Authority of Uganda.