Products

STANLIB Uganda Institutional Business

We adopt the best investment values and techniques as practiced internationally in the Uganda investment management industry. Our main areas of business include:

  • Management of employee retirement benefits (pension/provident funds)
  • Institutional cash management provision
  • Property investments
  • Insurance funds

We do this through a variety of both domestic and offshore money market, equity and fixed income investment products for corporates, parastatal and non-governmental organizations.

We believe that we are able to add value to the treasury and cash management functions of any institution through active management of surplus liquidity.

Institutional investors can enjoy the following benefits:

  • Liquidity - portfolios are comprised of term deposits which are selected and managed with active client participation and input into the investments to ensure adequate liquidity at all times
  • Safety – several attributes lend themselves to the safety and security of assets:
    • Assets are held off balance sheet and in the client’s name to enhance transparency
    • Fixed income investment assets are held in term deposits ensuring capital protection as a minimum
  • Clients’ oversight – our feedback on the investment guidelines and parameters is primarily to the clients
  • Competitive yield – we can provide a competitive yield thus enhancing investment returns and ultimately stretching your resources. We believe that this is an important aspect of our service. Unlike a traditional commercial bank, our goal is not to fund our book of assets but to optimize client returns
  • Return on investment – we seek to generate a total annualized rate of return above the agreed benchmark. Investment portfolios are designed with the objective of attaining a real rate of return on investments consistent with the constraints imposed by safety objectives and cash flow considerations
     

    STANLIB Uganda Money Market Fund

    What is the STANLIB Uganda Money Market Fund?

    The STANLIB Uganda Money Market Fund is a unit trust (collective investment scheme) fund that aims to maximise income while preserving capital over the short-to-medium term, and to ensure liquidity of funds invested. It invests in a wide range of highly marketable short-term securities, which include treasury bills, bankers’ acceptances, negotiable certificates of deposit (NCDs), commercial paper and other debt securities. The weighted average maturity of this fund may not exceed 183 days.

    There is a great demand for alternative cash products in Uganda, and this fund is ideally positioned for investors who are looking for investment returns that are stronger than local bank deposits with the convenience of a call account.

    Who should invest?

    The STANLIB Uganda Money Market Fund caters for corporates, institutions and private investors who have cash available to invest over the short-to-medium term and require the flexibility to withdraw funds at relatively short notice.

    This fund is suitable for:

    • Investors who require a wholesale interest rate on cash
    • Short-term investors requiring a ‘parking bay’ for their cash
    • Investors who require low-risk, secure investments with yields in excess of traditional banking products
    • Why invest in the STANLIB Uganda Income Fund?

      In the past, investors have relied on savings accounts as a short-to-medium term saving vehicle for a home purchase, children’s education, or for emergencies. Investors now have the opportunity to utilise the STANLIB Uganda Money Market Fund for all their short-to-medium term savings needs, at higher yields than traditional savings accounts and term deposits.

      The economies of scale achieved through pooling of investments enables the fund manager to purchase higher yielding instruments that individual clients and medium sized corporates and institutions would not normally have access to through traditional savings and normal bank deposits. The Fund also gives investors direct access to the expertise and experience of one of Africa’s leading money market investment teams.

      Investment amounts

      Minimum initial investment amount: UGX100 000
      Minimum monthly debit order: UGX100 000
      Minimum repurchase amount: UGX100 000
      Minimum account balance: UGX50 000

      Fee structure

      Initial fee: Nil Annual management fee: 2% per annum*
      *(institutional and retail investors)

     

    STANLIB Uganda Umbrella Pension Fund

    What is the STANLIB Uganda Umbrella Pension Fund?

    The STANLIB Uganda Umbrella Pension Fund offers members a cost-effective and needs-specific savings solution in an environment with an increasingly high need for retirement saving currently limited by high costs, low savings levels and consumption-driven debt.

    The Fund targets individuals and groups whose objective is to pool funds for long-term investment – these include investment clubs, employers and families.

    The Fund is governed by a Trust deed and General Rules of the STANLIB Pension Umbrella Fund and is registered, regulated and licensed by the Uganda Retirement Benefits Regulatory Authority (URBRA). The Fund is constituted in

    Uganda under irrevocable trust for the main purpose of providing retirement benefits for members on their retirement, or relief for their dependent in the event of the member’s unfortunate death.

    Who should invest?

    The STANLIB Uganda Umbrella Pension Fund is suitable for smaller pension funds, employers and private individuals seeking medium to long-term capital and income growth through exposure to local Uganda and offshore equity and fixed interest markets. Furthermore, this Fund offers the smaller investor access to an actively managed investment suitable for planning towards a successful future retirement.

    Why invest in the STANLIB Uganda Umbrella Pension Fund?

    • A pooled investment lowers costs and enhances real returns for members
    • The Fund complies with the latest applicable best practices, legislation and is regulated by URBRA
    • The Fund brings together top services providers, specializing in trusteeship, custody, fund management and administration, all under one roof for enhanced corporate governance
    • The Fund is a balanced portfolio, investing in East African equities, government bonds, treasury bills/cash, property and offshore investments, offering reduced risk and diversification
    • The Fund offers members the expertise, resources, and stability of STANLIB, an award winning company and one of Africa’s largest independent investment managers
    • State of the art systems and compliance facilities
    • A fresh modern investment approach to managing retirement benefits

    Investment amounts

    Minimum initial investment amount: UGX 100 000
    Minimum top-up: UGX 100 000

    Fee structure
    Initial fee: Nil
    Annual management fee: 2.5%

     

    STANLIB Uganda Fixed Income Fund

     

    What is the STANLIB Uganda Fixed Income Fund?

    The STANLIB Uganda Fixed Income Fund is a short-to-medium-term collective investment scheme that invests in a diversified spread of fixed-income securities with the primary objective being to seek maximum income generation and capital stability consistent with moderate investment risk from a range of fixed income securities.

    The fund seeks to outperform the short-to-medium term interest rates. The investment universe of the STANLIB Uganda Fixed Income Fund includes cash, bank deposits, government and corporate fixed interest securities.

     

    Who should invest?

    The STANLIB Uganda Fixed Income Fund is designed for individuals who seek returns in excess of money market fund yields and fixed bank deposits. The fund effectively provides an investment opportunity for individuals who require higher income and have a medium risk appetite. The target investment period is one to three years.

    The STANLIB Uganda Fixed Income Fund is also designed for institutional investors who traditionally hold large cash balances but who need extra returns at moderate risk. Institutional investors benefit from a well-diversified investment at marginal fees. The fund is suitable for institutional investors who require undivided participation in a well-diversified portfolio of market instruments.

    Why invest in the STANLIB Uganda Fixed Income Fund?

    The economies of scale achieved through pooling of investments enables the Fund to purchase higher yielding instruments that individual clients, medium-sized corporates and institutions would normally not have access to.

    The STANLIB Uganda Fixed Income Fund provides a stable environment in which fixed interest investments can be housed; and the monthly distributions can supplement investors’ income. Investing in the STANLIB Uganda Fixed Income Fund offers other distinctive advantages:

    ·        A relatively higher steady income with moderate capital risk,

    ·        Offers five-day liquidity, and

    ·        Professional investment management

    Investment amounts

    Minimum initial investment amount: UGX5 000 000
    Minimum monthly debit order: UGX500 000
    Minimum repurchase amount: UGX100 000

    Fee structure

    Initial fee: Nil Annual management fee: 2.0% per annum