March 2025 Unit Trust Update – UAP Old Mutual Money Market Fund Performance and Strategy
The UAP Old Mutual Money Market Fund returned 10.90 percent in March 2025, continuing to offer investors a dependable and accessible way to earn income on short-term savings. With inflation easing and yields remaining competitive, this fund stands out as a strong choice for individuals and businesses looking to preserve capital and stay liquid.
Fund Overview
The Money Market Fund, managed by UAP Old Mutual Investment Group – Uganda, is ideal for those seeking stable, short-term returns with minimal risk.
Key facts as of March 2025:
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Fund Size: UGX 11.349 billion
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Minimum Investment: UGX 100,000
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Top-Up Amount: UGX 100,000
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Liquidity: T+2 (two business days)
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Risk Profile: Medium
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March 2025 Yield: 10.90 percent
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Benchmark: 91-day Treasury Bill (closed at 10.341 percent)
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Management Fee: 2 percent
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Initial Fee: 0 percent
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Fund Inception: 20 August 2013
Performance Summary
The fund has consistently outpaced its benchmark, providing reliable growth for short-term investors.
Period | Return (%) | Benchmark (%) |
---|---|---|
March 2025 | 10.90 | 10.34 |
Quarter to Date | 11.06 | 10.38 |
Year to Date | 11.17 | 10.47 |
Since Inception | 11.08 | 9.97 |
What the Fund Invests In
The fund invests in a mix of short-term, interest-bearing assets designed to maximize safety, yield, and access.
Asset allocation as of March 2025:
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Treasury Bonds: 33.98 percent
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Treasury Bills: 29.89 percent
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Corporate Paper: 26.20 percent
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Fixed Deposits: 5.14 percent
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Cash & Call: 4.70 percent
Maturity profile:
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52.02% matures in under 3 months
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10.44% matures in 3 to 6 months
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3.77% matures in 6 to 9 months
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33.77% matures above 12 months
This structure ensures the fund is always liquid and ready to respond to interest rate changes quickly.
Why This Fund Matters for Ugandan Investors
In March, the Uganda shilling appreciated by 0.47 percent, closing at UGX 3,662.55. The gain was supported by strong coffee exports and renewed interest from foreign investors in Uganda’s bond markets.
Treasury yields dropped during the quarter:
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91-day T-bill: 10.341 percent
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182-day: 12.453 percent
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364-day: 14.638 percent
Inflation also declined to 3.4 percent, supported by falling food and transport costs.
Against this backdrop, the Money Market Fund’s 10.90 percent yield gave investors:
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Higher returns than most bank deposits
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Quick access to cash (within 2 business days)
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Capital preservation in a declining inflation environment
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A flexible tool for short-term planning
How to Invest with Level Africa
You can invest in just a few easy steps:
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Create an account at Level Africa
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Upload your National ID or Passport
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Go to the Unit Trusts section
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Select the UAP Old Mutual Money Market Fund
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Deposit funds into your wallet
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Place your investment order
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Track your performance from your dashboard
Final Thoughts
The UAP Old Mutual Money Market Fund continues to deliver steady, low-risk returns while keeping your money accessible. Whether you’re saving for a near-term expense or looking to grow idle funds, this fund is a smart place to park your cash.
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Frequently Asked Questions
What is a money market fund?
It’s a type of investment that focuses on short-term, low-risk securities like treasury bills, commercial paper, and fixed deposits.
How fast can I access my money?
You can withdraw funds within two business days (T+2), making it highly liquid.
Who is this fund for?
Salaried individuals, businesses, and anyone looking to grow cash reserves while avoiding long-term commitments or market volatility.
What’s the minimum investment?
Start with UGX 100,000, and you can top up anytime with the same amount or more.
Is this a safe investment?
Yes. The fund is regulated by the Capital Markets Authority and focuses on secure, interest-generating assets.
How does it compare to savings accounts?
It offers higher interest, easy withdrawals, and greater transparency on how your money is invested.
How do I invest through Level Africa?
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Sign up at Level Africa
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Upload your ID
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Fund your wallet
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Select the UAP Old Mutual Money Market Fund
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Place your investment
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Track your earnings from your dashboard