These are pooled funds from several individuals or investors whose common objective is to earn a return on their funds. A Unit Trust fund is made up of equal portions called units – selected by investment managers – which have a price called Net Asset Value (NAV). This price changes daily in line with market prices. The number of units that an investor receives depends on the amount invested and the price at which the units are purchased.
Why invest in Unit Trusts?
- Flexibility: Unit trusts are easy to buy and sell
- Affordable: Start investing from as little as ZiG 500.00 and build your investment over time.
- Expert advice: Through skilled fund managers, investors have access to investment portfolios with some of the best investment selections and performance outcomes.
- Diversification: Unit trust account holders can enjoy reduced risk as investments are spread across a range of shares and investment instruments.
- Unit trusts are well-regulated by the Securities and Exchange Commission through the Collective Investment Schemes Act and Regulations.
- A unit trust fund has a trustee who is independent, whose duty is to safeguard investors’ interests.
Why invest with Old Mutual?
We believe that, within the Zimbabwe market, our investment team has the deepest skills base and talent and is well respected from its track record. We have a sophisticated proprietary research and analysis process to support the investment decisions of our boutiques. View our investment team here.
Our Fund Offering
We offer a wide range of funds to suit your investment needs.
Equity Fund
This is a medium- to high-risk fund investing in a spread of shares that are listed on the Zimbabwe Stock Exchange (ZSE). The fund aims to provide capital growth over medium to long term. The fund is suitable for investors who seek steady capital growth and income.
Property Fund
The Property Fund invests in the Old Mutual Real Estate Core Fund, which is a fund made up of a selection of buildings in the Old Mutual Property portfolio with stable growth and income streams. The fund provides exposure to diversified property investments for retail clients at minimal capital outlay.
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Money Market Funds
Money Market Fund
The Money Market Fund aims to protect your capital and make monthly interest distributions. It invests in short-term interest-bearing securities. Interest accrues on your daily account balance and is paid at the end of each calendar month. This interest can be reinvested or paid out.
USD Money Market Fund
The USD Money Market Fund aims to protect your capital and generate a regular income denominated in US$ to investors through monthly interest distributions. Fund invests in short-term interest-bearing securities denominated in US$. Interest accrues on your daily account balance and is paid at the end of each calendar month. This interest can be reinvested or paid out. View additional fund form(USD) here.
Money Market Gross Fund- This Fund is designed for pensioners (55 years and older) and tax-exempt institutions such as churches, schools, and other non-profit making organisations. The fund aims to protect your capital and make monthly interest distributions. Interest accrues on your daily account balance and is paid at the end of each calendar month.
Mukando Group Savings
Mukando Group Savings allows groups to pool their money and collectively invest in the Old Mutual USD Money Market Fund. It is ideal for friends, families, colleagues, and community groups looking to save with discipline, earn competitive returns, and work together toward shared financial goals.
Gold Fund
The Gold Fund invests in Mosi-oa-Tunya gold coins, issued by the Reserve Bank of Zimbabwe, and other locally available gold related investments. It is suitable for investors seeking capital growth and/or capital preservation over the medium to long-term horizon.
USD High Yield Fund
The USD High Yield Fund is designed to provide investors with an attractive level of income in US dollars while maintaining a relatively conservative risk profile. The fund seeks to generate returns above those typically available from traditional money market investments by selectively investing in high-yielding, short-dated instruments and taking measured exposure to additional credit and liquidity risk.
The fund distributes income to investors on a quarterly basis. Investors may choose to reinvest their distributions to enhance long-term growth potential or receive the income as a cash payout, depending on their investment objectives and cash flow needs.
How do I invest in a Unit Trust?
With MyOldMutual platform you can invest anytime, from anywhere. Follow these easy steps to open your unit trust account today:
- Select the currency you would like to use
- Enter your personal details
- Confirm the details your entered
- Enter your payment details
To top-up or check balance for your existing Unit Trust Account, dial *227# or WhatsApp 'hi' to 0777227227. Terms and Conditions apply.
Why choose Old Mutual Unit Trusts
Easy access
Flexibility and easy access to your money when you need it.
Minimized risk
Diversification of risk and transparency of your investment.
Professionally managed
Professional portfolio management, with 175 years in the business.
Funds Commentary
Read our monthly commentary to stay informed on the performance of our unit trust funds.
Want to know more about Unit Trusts?
If you want more information about our Unit Trust or want us to answer a few questions you might have, you can also call us toll free on 433 to speak to a consultant.
Send ‘hi” on WhatsApp to 0777227227 or dial *227# to invest under Investment services. Select the option to “Make an Investment”, enter your personal details and invest using your CABS bank account or mobile money wallet.
A copy of your National Identification document will be required and must be sent to unittrust@oldmutual.co.zw as soon as you complete your first transaction for your account to be fully activated.
No, you cannot. The MyOldMutual platform is currently set up for individuals’ accounts only. Request a call me back.
Your Unit Trust account number has 8 digits.
You can invest a minimum amount of ZiG 500 in an existing or new Unit Trust. There is no upper limit to the number of times you can top-up your fund nor is there a upper limit to the amount you can invest.
Absolutely, for any of the Unit Trusts you are able to make an initial investment or top-up an existing fund.
Make sure you have your Unit Trust Client Fund number close-by to ensure that the right fund is kept up-to-date if you have multiple Unit Trust Funds.
Yes, you can, the MyOldMutual digital platform caters to both existing and new customers such as yourself. Send ‘hi’ on WhatsApp to 0777227227 or dial *227#
You can register for online viewing of your investment portfolio at your convenience by either registering on our web portal or via MyOldMutual platform: Old Mutual Unit Trusts also publishes daily unit prices which show the performance of each of the funds. You can view the current rates here.
To register on the web portal kindly email the following to unittrusts@oldmutual.co.zw
- Full name
- Unit Trust account number
- National ID number
- Email address
- Phone number
You can also access your unit trust balance on MyOldMutual platform by:
- Dial *227# or Send Hi to 0777 227 227
- Select option 3 for Investment Services
- Select option 1 to Invest in a Unit Trust
- Selection option 3 to Request My Unit Trust Balance
- Enter your Unit Trust Client Account Number
- Enter the mobile number registered on your account
