Mpile Gratuity Fund
This fund aims to achieve capital preservation and income yield in the long term by investing primarily on the Zambian Capital markets.
During the duration of this Prospectus, the prospective asset allocation of the Fund will be as follows:
- Short term Money Market related securities – minimum 0% and maximum 95% of the NAV of the Fund.
- Long term (2-3 years) related securities – minimum 0% and maximum 95% of the NAV of the Fund.
- Liquid assets (cash or call a/c) – maximum 5% of the NAV of Fund
|Fund Size (ZMW min)||ZMW 1.00 Million|
|Benchmark||364 days T-bill Return Index|
|Trustee||AMG Global Trust Ltd|
|Minimum investment||Lump sum: K50, 0001
Lump sum: K5002
|Dealing Frequency||Every business day|
|Trading closing time||4:00 p.m.|
1 Minimum investment amount for institutions
2 Minimum investment amount for individuals