Mpile Gratuity Fund
Fund Objective
This fund aims to achieve capital preservation and income yield in the long term by investing primarily on the Zambian Capital markets.
Asset Allocation
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 Information
| Portfolio Manager |
Nasilele Ng’umbi |
| Fund Size (ZMW min) | ZMW 1.00 Million |
| Risk Profile | Low |
| 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
