SBG Securities Uganda has introduced a US dollar fixed income unit trust fund, expanding its investment options beyond the Uganda shilling offering.
The new product is aimed at giving investors more flexibility to diversify their portfolios across currencies amid global economic uncertainty.
The firm said the move comes at a time of continued instability in the Middle East and fluctuating energy prices, factors that have affected currencies and investment returns in many markets.
Grace Semakula, the chief executive of SBG Securities Uganda, said the product is designed to help investors manage risk while taking advantage of emerging opportunities.
“The Uganda shilling remains a strong and important foundation for local investment. However, in today’s dynamic global environment, it is increasingly important for investors to diversify thoughtfully,” she said.
“Our USD fixed income unit trust fund complements our shilling offering by giving clients flexibility as they navigate different investment needs.”
Semakula said the dollar-denominated option would help clients hedge against currency fluctuations, especially those with foreign currency exposure, while still benefiting from opportunities in the local economy.
She added that the new fund is part of a broader strategy to expand the company’s investment products.
“We are committed to building a robust, multi-product investment suite for our clients. Today we are offering both shilling and dollar options, and we hope to add more as we continue to innovate and respond to the evolving needs of Ugandan investors,”she said.
SBG Securities said it aims to position itself as a long-term partner in wealth creation by providing investment solutions and professional guidance to help clients manage risk.
“In times like these, investors need more than access to products. They need insight, stability and a partner they can trust,” Semakula said.
Salima Katamba, the investment manager at SBG Securities, said the unit trust model allows investors to build wealth gradually.
“People may have big financial goals but lack large sums at once. Unit trusts allow them to invest smaller amounts regularly and grow their savings over time,” she said.
The fund requires a minimum initial investment of 100 dollars, with additional contributions set at the same amount. Investors are free to top up or withdraw funds at their convenience.
According to the company, the fund will invest mainly in dollar-denominated short-term fixed and floating rate debt instruments issued by governments, banks and corporate entities in East Africa and offshore markets.
Clients can access both the shilling and dollar investment options through the SBG Securities website, its offices and Stanbic Bank Uganda branches across the country.
The introduction of the fund aligns with Stanbic Uganda’s broader goal of expanding access to financial services and supporting wealth creation in a changing economic environment.
