What is Unit Trust?
A unit trust is a form of collective investment constituted under a trust deed. A unit trust pools investors’ money into a single fund, which is managed by a fund manager.
What Is The Best Unit Trust In Uganda
| Aggressive | 1yr | 3yrs | 10yrs | Data as at 31 July 2023 | |
|---|---|---|---|---|---|
| Allan Gray Equity A | 17.7 | 17.0 | 9. | Data as of 31 July 2023 | |
| Coronation Top 20 A | 14.5 | 16.8 | 9.3 | ||
| Foord Equity A | 19.4 | 17.7 | 6.8 | ||
| M&G Dividend Maximiser A | 13.2 | 18.0 | 9.4 | ||
| M&G Equity A | 8.7 | 19.3 | 9.8 |
How much interest does unit trust pay?
| Average Effective Annualised Yield | ||
|---|---|---|
| 1 Year % | 3 Year % | 5 Year % |
| 1.08% | 1.10% | 1.03% |
How long should you invest in a unit trust?
Being prepared to hold on to their unit trust investment for at least five years or more enables their funds to reap
reasonable returns as the companies invested by the funds have sufficient time to grow their profits.
Are unit trusts a good investment in Uganda?
The fund is ideal as a safe parking for money in the short term to medium term. It is a good option for individual, corporate, and joint investors.