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UG Standard - Latest News

Britam unveils new dollar investment fund

by LILIAN MUWONGE | UG STANDARD REPORTER
12/09/2024
in News
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L-R: Vernon Kihuguru, Investment Manager, Britam Asset Managers; Denis Kizito, Director of Market Supervision, Capital Markets Authority; Ronald Kasolo, General Manager, Britam Asset Managers; and Flavia Tumusiime Kabuura, Event Moderator, at the launch of the Britam Easy Earner Dollar Fund in Kololo
L-R: Vernon Kihuguru, Investment Manager, Britam Asset Managers; Denis Kizito, Director of Market Supervision, Capital Markets Authority; Ronald Kasolo, General Manager, Britam Asset Managers; and Flavia Tumusiime Kabuura, Event Moderator, at the launch of the Britam Easy Earner Dollar Fund in Kololo

KAMPALA, UGANDA – September 12, 2024 – Britam Asset Managers, a leading financial services provider in Uganda, has introduced the Britam Easy Earner Dollar Fund, a new investment product offering stable returns and capital security for investors seeking US Dollar-denominated assets.

This low-risk investment opportunity focuses on interest-bearing assets, aiming to provide competitive returns while minimizing risk. It is an attractive option for individuals and businesses earning or dealing in USD, or looking to diversify into USD assets.

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“The launch of Britam Easy Earner Dollar aligns with our mission to provide secure and innovative investment solutions,” said Ronald Kasolo, General Manager of Britam Asset Managers. “This fund offers stability and growth, helping investors achieve their financial goals with confidence.”

The fund caters to a diverse group of investors seeking stable returns, capital preservation, and high liquidity. It is particularly beneficial during times of market volatility.

Ugandans in the diaspora can also invest in this safe and reliable USD-denominated asset, diversifying their portfolios, preserving capital, and earning stable returns.

The fund offers flexible tenures of 3, 6, and 12 months, with a minimum initial investment of USD 5,000 and top-ups starting from USD 2,000. Additionally, the fund is tax-exempt.

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