SBG Securities, a subsidiary of Stanbic Uganda Holdings Limited, has launched the Stanbic Unit Trust (SUT), an investment vehicle that enbales people to pool their resources and leverage professional fund management to generate favourable returns.
“Tonight, we are here to celebrate the success of one of our young businesses—SBG Securities, the entity specialised in investment management and advisory. We are launching the Stanbic Unit Trust on the back of recent success including the delivery of the MTN Uganda IPO in 2022—Africa’s largest in that year, and of course the just concluded secondary market offering which registered oversubscribed participation,” said SUHL Chief Executive Francis Karuhanga.
One rewuires a minimum investment requirement of Shs 100,000 and deposits of as low as Shs 50,000 to become a member of the Stanbic Unit Trust.
SBG Securities Chief Executive Grace Semakula said the Stanbic Unit Trust has made investment accessible to a wider audience.
“Our team of experienced fund managers will navigate the investment environment, diversifying portfolios across treasury bills, bonds, fixed deposits, and shares to minimize risk and maximize returns for our customers,” said Semakula.
The Stanbic Unit Trust offers three distinct options: Money Market Fund (short-term), Bond Fund (medium-term), and Balanced Fund (long-term).
Semakula said, clients can also invest jointly, for minors, or as part of a savings group.
The Stanbic Unit Trust is designed to be an affordable and reliable investment option, making it an attractive choice for Ugandans seeking financial growth.
“At Stanbic Uganda Holdings, we want to enable our customers tap into this impressive growth and not be left behind ensuring that they have access to financial investment services and that’s why we have designed the Stanbic Unit Trust,” said Karuhanga.
SBG Securities is a subsidiary of Stanbic Uganda Holdings (SUHL), a listed entity on the Uganda Stock Exchange operating four other businesses including Stanbic Bank Uganda, Stanbic Properties Uganda, Stanbic Business Incubator and FlyHub.
