UAP Old Mutual February 2024 Performance Review
March 18, 2024
Friends,
Just almost year ago March 2023, UAP Old Mutual Trust Funds were managing UGX 1.18 trillion in assets. Today, it's a whole new story!
Their total assets have shot up to a remarkable UGX 1.8 trillion, showing a growth of UGX 620 billion in just one year. While bringing the members a solid average net return of close to 11% across all funds 3 UGX denominated Funds.
To help visualize, for an average annual return of around 11%, the Investors in the UAP Old Mutual Unit Trust Funds earned over UGX 160 billion to their funds.
Consider this:
an initial investment of UGX 10 million with UAP in Feb 2023 would have grown to UGX 11.1 million by the end of Feb 2024 earning you close to UGX 1.1 Million in just 12 Months.
A larger stake of UGX 50 million would have yielded around UGX 5.5 million —all in just 12 months.
Add to that the Dollar Unit Trust. Launched just last September, it's already grown to USD 17 Million by Feb 2024, offering it’s members a good annualized return of around 5.3%.
Being the biggest Unit Trust Fund Manager in the country, if you are considering investing in the Unit Trust, or diversifying, UAP Old Mutual might be a worth company to give a shot.
This post is sponsored by UAP Old Mutual Investment Group.
If you would want to open up your Account with them, reach out on
Hi Alex,
You know what endeared us your followers to you?
It was partly that your analysis was considered impartial and unsolicited by any player.
Now that you've started these sponsored posts, you'll need to convince us that there's still objectivity behind them.
Thanks
Geoffrey