OUR PRODUCTS

Objective

The fund aims to deliver a regular income and to outperform bank deposits over time, while preserving capital.

Strategy

The fund invests in money market securities and cash based securities with a maturity of less than 12 months.

Asset Allocation (Limits)
  • Government Treasury Bills (5% - 60%)
  • Corporate treasury notes (5% - 60%)
  • Zambian Kwacha (ZMW) Bank Deposits (5% - 80%)
  • US Dollar ($) Bank Deposits (5% - 30%)
  • Cash Unit Trusts (5% - 25%)
  • Offshore Cash Unit Trusts (5% - 30%)
Benchmark

364 Day Treasury Bill

Risk Profile

Low

Fee Structure
  • Fund Management Fee - 4.00% of NAV
  • Trustee Fee - 0.10% of NAV
  • Custodian Fee - 0.15% of NAV
  • Securities and Exchange Commission (SEC) CIS Levy - 0.125% of NAV
Minimum Requirements
  • Monthly Investment – K250 for Non Public Service Employees and K100 for Public Service Employees
  • Annual Lumpsum investment – K3,000 for Non Public Service Employees and K1,200 for Public Service Employees
  • Minimum Investment Period – 6 Months for Non Public Service Employees and 12 Months for Public Service Employees
Objective

The fund aims at giving access to government securities market to all Zambians.

Strategy

The fund invests all good mix of government securities with an average maturity of 2 years.

Asset Allocation (Limits)
  • Government Treasury Bills (10% - 60%)
  • Government Bonds (10% - 50%)
  • Parastatal bonds and loans (10% - 50%)
  • Partially State Owned Enterprise Bonds (10% - 25%)
  • Municipal Bonds (10% - 50%)
  • Council Owned Entity Bonds (10% - 25%)
  • Foreign Government Bonds (5% - 25%)
  • Foreign Government Bond Funds (5% - 25%)
Benchmark

Weighted Average GRZ Securities Return

Risk Profile

Medium

Fee Structure
  • Fund Management Fee - 4.00% of NAV
  • Trustee Fee - 0.10% of NAV
  • Custodian Fee - 0.15% of NAV
  • Securities and Exchange Commission (SEC) CIS Levy - 0.125% of NAV
Minimum Requirements
  • Monthly Investment – K250 for Non Public Service Employees and K100 for Public Service Employees
  • Annual Lumpsum investment – K3,000 for Non Public Service Employees and K1,200 for Public Service Employees
  • Minimum Investment Period – 6 Months for Non Public Service Employees and 12 Months for Public Service Employees
Objective

The Fund aims to provide individual investors with an easy access point to the local equity market.

Strategy

The fund invests an optimal mix of stocks from both the Lusaka Stock Exchange and from the private equity market with the aim of maximising capital appreciation and dividend income.

Asset Allocation (Limits)
  • Bank Deposits (5% - 25%)
  • LuSE Large Cap (10% - 75%)
  • LuSE Medium Cap (10% - 75%)
  • LuSE Small Cap (10% - 75%)
  • LuSE Quoted Stocks (5% - 25%)
  • LuSE Alt-M Stocks (5% - 25%)
  • Private Equity - Venture Capital (5% - 25%)
  • Private Equity - Seed Equity Capital (5% - 25%)
Benchmark

Lusaka Stock Exchange All Share Index

Risk Profile

High

Fee Structure
  • Fund Management Fee - 4.00% of NAV
  • Trustee Fee - 0.10% of NAV
  • Custodian Fee - 0.15% of NAV
  • Securities and Exchange Commission (SEC) CIS Levy - 0.125% of NAV
Minimum Requirements
  • Monthly Investment – K250 for Non Public Service Employees and K100 for Public Service Employees
  • Annual Lumpsum investment – K3,000 for Non Public Service Employees and K1,200 for Public Service Employees
  • Minimum Investment Period – 6 Months for Non Public Service Employees and 12 Months for Public Service Employees
Objective

The Fund aims to provide investors with a real return over the long-term and outperform the Government Securities Performance.

Strategy

The fund invests a mix of government securities and debt instruments such as corporate bonds and loans. Asset Allocation (Limits)

  • Bank Deposits (5% - 25%)
  • Government Securities (10% - 60%)
  • Corporate Notes, Bonds and Loans (15% - 75%)
  • Bond Funds (5% - 25%)
  • Cash Holdings (5% - 25%)
Benchmark

National Lending Rate

Risk Profile

Medium

Fee Structure
  • Fund Management Fee - 4.00% of NAV
  • Trustee Fee - 0.10% of NAV
  • Custodian Fee - 0.15% of NAV
  • Securities and Exchange Commission (SEC) CIS Levy - 0.125% of NAV
Minimum Requirements
  • Monthly Investment – K250 for Non Public Service Employees and K100 for Public Service Employees
  • Annual Lumpsum investment – K3,000 for Non Public Service Employees and K1,200 for Public Service Employees
  • Minimum Investment Period – 6 Months for Non Public Service Employees and 12 Months for Public Service Employees
Objective

The Fund aims to provide individual investors with a diversified, conservative and but steadily growing investment portfolio.

Strategy

The fund invests an diversified portfolio of relatively lower risk assets from various asset classes with the aim of generating steady income.

Asset Allocation (Limits)
  • C Graded Bank Deposits (5% - 25%)
  • Government Bonds (10% - 50%)
  • Treasury Bills (10% - 50%)
  • LuSE Large Cap (10% - 50%)
  • LuSE Corporate Bonds (10% - 50%)
  • Private Debt Placements (10% - 25%)
Benchmark

Inflation + 1%

Risk Profile

High

Fee Structure
  • Fund Management Fee - 4.00% of NAV
  • Trustee Fee - 0.10% of NAV
  • Custodian Fee - 0.15% of NAV
  • Securities and Exchange Commission (SEC) CIS Levy - 0.125% of NAV
Minimum Requirements
  • Monthly Investment – K250 for Non Public Service Employees and K100 for Public Service Employees
  • Annual Lumpsum investment – K3,000 for Non Public Service Employees and K1,200 for Public Service Employees
  • Minimum Investment Period – 6 Months for Non Public Service Employees and 12 Months for Public Service Employees