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Unit Trusts are a form of collective investment that allows investors with similar investment objectives to pool their funds to be invested in a portfolio of securities or other assets. Read More. Recent Publications. Umoja Fund Audited Financial Statements FY ended 30 June 2024.
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15 Νοε 2024 · UTT was established under the Trustee Incorporation Act, Cap 318 and was vested with the several key activities including the development of collective investment schemes; acquiring and keeping in trust the shares of privatized enterprises and encouraging savings culture through wide participation in the ownership of distributed shares / units.
This version is up-to-date as at 31st July 2002.] An Act to repeal and replace a law relating to companies and other associations, to provide for more comprehensive provisions for regulation and control of companies, associations and related matters.
This Ofer Document has been reprinted to incorporate changes in the Fund as approved by investors extra-ordinary general meeting that took place on 28th November 2020 and introduces UTT AMIS as the Manager following restructuring of the Unit Trust of Tanzania in 2013.
23 Μαρ 2015 · The intention was to mobilise funds from a large mass of people, including low-income earners who invest in the range of TZS10,000 – 30,000 and build their capital over time in a unit trust.
1 Αυγ 2023 · THE UTT AMIS fund size has recorded historic growth of 184.94 per cent to 1.53tri/- in two years of President Samia Suluhu Hassan reign-a move which has been attributed to improved investors’ confidence in the financial markets.
17 Οκτ 2024 · The issuance of Collective Investment Scheme units falls under capital markets. A key requirement, in the case of Unit Trusts, is for a sponsor to appoint a Manager and a Custodian (Trustee) of the Fund.
