Collective Investment Schemes (CIS) were introduced in November 2003, by the Collective Investment Schemes Act, with the first unit trust being established by African alliance around 2005. The industry has since grown, with various players entering the market. Currently there over 6 fund managers and 91,289 funded investor unit trust [...]
A fund manager plays a crucial role in managing unit trust funds, responsible for:1. Investment strategy: Developing and implementing investment objectives, policies, and strategies.2. Portfolio management: Selecting, buying, and selling securities within the fund.3. Risk management: Monitoring and managing risk exposure to ensure alignment with investment objectives.4. Research and analysis: [...]
Return Comparison: 1. Unit Trust Funds: 2. Government Securities: 3. Fixed Income Bank Deposits: Risk Comparison: 1. Unit Trust Funds: 2. Government Securities: 3. Fixed Income Bank Deposits: Liquidity Comparison: 1. Unit Trust Funds: 2. Government Securities: 3. Fixed Income Bank Deposits: Other Key Considerations: 1.Unit Trust Funds: 2. Government [...]
Business continuity is not guaranteed in the event of a founder’s exit, highlighting the importance of listing your company on the Uganda Securities Exchange (USE). Founders play a crucial role in shaping a company’s vision, strategy, and culture. Their departure can create uncertainty, impacting employee morale, customer relationships, and overall [...]