UAP Investments provides investment management services through various funds and cash management services. It offers several unit trust funds across different risk profiles, including a money market fund, high yield bond fund, dividend maximizer fund, and enhanced income fund. It also offers a Cash Max service to provide personalized portfolio management and guaranteed returns over specified periods. The document provides an overview of UAP Investments, the structure and boards that govern it, the products and services it offers, and details on the objectives, strategies and suitability of each fund.
Zurich Vista - Plan for your future todaySofia Watson
Zurich Vista is a product of Zurich International Life, Vista is a regular savings life insurance policy that provides you with flexibility and access to a wide choice of investment linked policy sub-funds (ILP sub-funds). Subject to terms and conditions, you can stop, restart, increase or decrease premium payments to reflect your personal and professional circumstances at any time.
It help you to become a successful entrepreneur,advantages& risk associated with that. And also helps finance you business successfully in different stages.
Zurich Vista - Plan for your future todaySofia Watson
Zurich Vista is a product of Zurich International Life, Vista is a regular savings life insurance policy that provides you with flexibility and access to a wide choice of investment linked policy sub-funds (ILP sub-funds). Subject to terms and conditions, you can stop, restart, increase or decrease premium payments to reflect your personal and professional circumstances at any time.
It help you to become a successful entrepreneur,advantages& risk associated with that. And also helps finance you business successfully in different stages.
Quatre Managed Legacy Funds Solution – Quatre Guernsey Limited Nicholas Newman
London-based financial services company Quatre Ltd, has just launched a new solution known as the QUATRE MANAGED LEGACY FUNDS SOLUTION.
It is designed to fund the decommissioning of oil and gas fields and rehabilitation of other extractive industrial locations including mines. Quatre Limited was founded in 2013 to provide oil and gas licensees and other extractive industries with sustainable decommissioning management solutions to optimise their long-term financial planning.
Quatre’s Exit Strategy Management Solution (ESMS) evaluates Clients’ portfolio-specific exposure to the cost decommissioning of onshore and offshore wells and the reclamation of offshore and onshore facilities. Quatre has successfully applied this solution to other environmentally sensitive sectors, including mining and landfill regeneration.
Current estimates for global decommissioning costs run in excess 200 Billion dollars over the next 50 years, representing an unprecedented capital spend on an activity where operator’s and service providers’ experience is still relatively immature.
The Quatre team includes expertise across the fields of financial services, insurance brokerage, investment management, legal, taxation, trust management, E&P Operations and environmental liabilities.
Mutual Fund is essentially a mechanism of pooling together the savings of a large number of small investors for collective investment, with an avowed objective of attractive yields and capital appreciation, holding the safety and liquidity as prime parameters. A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The money thus collected is then invested in capital market instruments such as shares, debentures and other securities. The income earned through these investments and the capital appreciation realized is shared by its unit holders in proportion to the number of units owned by them. Mutual funds are dynamic financial institutions (FIs) which play a crucial role in an economy by mobilizing savings and investing them in the stock-market, thus establishing a direct link between savings and the capital market. Therefore, the activities of mutual funds have both short-and long-term impact on the savings pattern, growth of capital markets and the economy. The Mutual fund is a basket of securities, which contains variety of financial products in various combinations and these various combinations of financial securities are individually called Portfolio's. In a Mutual fund company the Fund Managers make Portfolios of different combinations they continuously analyse the ma Diversification can reduce your overall investment risk by spreading your risk across many different assets. With a mutual fund you can diversify your holdings both across companies (e.g. by buying a mutual fund that owns stock in 100 different companies) and across asset classes (e.g. by buying a mutual fund that owns stocks, bonds, and other securities). When some assets are falling in price, others are likely to be rising, so diversification results in less risk than if you purchased just one or two investments. Choice: Mutual funds come in a wide variety of types. Some mutual funds invest exclusively in particular sector(e.g. energy funds), while others might target growth opportunities in general. There are thousands of funds, and each has its own objectives and focus. The key is for you to find the mutual funds that most closely match your own particular investment objectives. Liquidity is the ease with which you can convert your assets--with relatively low depreciation in value--into cash . In the case of mutual funds, it's as easy to sell a share of a mutual fund as it is to sell a share of stock (although some funds charge a fee for redemptions and others you can only redeem at the end of the trading day, after the current value of the fund's holdings has been calculated) Low Investment Minimums: Most mutual funds will allow you to buy into the fund with as little $1,000 or $2,000, and some funds even allow a "no minimum" initial investment, if you agree to make regular monthly contributions of $50 or $100. Whatever the case may be, you do not need to be exceptionally wealthy in order to invest in a mutual fundhbh
This is a presentation on Mutual Fund. The presentation will give you an understanding of Mutual Funds. It also speaks on the benefits and challenges of Mutual Funds.
A mutual fund is an investment vehicle made up of a pool of money collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and other assets.
2. TABLE OF CONTENTS
INTRODUCTION 3
OVERVIEW OF UAP INVESTMENTS LTD 4
1.1 The UAP Group 5
2.1 Geographic Location 5
3.1 Business Entities 6
4.1 Board Of Directors For UAP Investments 7
5.1 Structure Of UAP Investments 8
6.1 Products and Services 9
UNIT TRUST FUNDS 10
1.2 UAP Money Market Fund 11
THE KEY BENEFITS OF THE MONEY MARKET FUND 12
2.2 UAP High Yield Bond Fund 13
3.2 UAP Dividend Maximizer Fund 14
4.2 UAP Enhanced Income Fund 15
CASH MAX SERVICES 18
1.3 UAP Cash Max Services 19
2.3 Product Objective 19
CAPITAL PRESERVATION AND LONG-TERM GROWTH 20
ILLUSTRATION 21
3. INTRODUCTION
UAP Investments Ltd is licensed as a Fund Manager by both the Capital Markets Authority
(CMA) and the Retirement Benefits Authority (RBA).We believe that UAP Investments Ltd
is uniquely positioned to provide the required fund management and investment
advisory services because of the following key reasons:
Strong international and local experience: UAP Investments Ltd has a strong investment
team with relevant international and local experience and expertise in structuring and
managing investment funds and discretionary investment portfolios. The experience
gained encompasses Investment Banking, Investment Management, Portfolio Design,
Corporate Finance, Pension Fund Actuarial Valuation and Advisory, Business Finance and
Financial Accounting.
Client oriented approach: Our distinction lies in our ability to be nimble, flexible and
innovative, and to give clients a high level of professional service. We believe in providing
access to comprehensive and timely portfolio information, harnessing the latest
technology to bring this information to our clients more efficiently. UAP Investments Ltd
provides a specialist at reasonable times for queries and advice as well as for discussions
with the management team
State-of-the-art Technology: We utilize Miles Software a state-of-the-art Investment
Administration and Fund Management Applications Software to enhance the efficient
execution of investment decisions and administration of client investment accounts.
5. 1.1 THE UAP GROUP
UAP Holdings Limited (UAP or UAP Group) is a pan-African Financial Services Group with
interests in Insurance, Investment Management, Property Development and Investments,
Securities Brokerage and related financial services. Currently, UAP has 12 businesses
operating in 6 countries including Kenya, Uganda, South Sudan, Rwanda, Democratic
Republic of Congo (DRC) and Tanzania.
UAP’s Group Vision is to be the most innovative and revolutionary pan-African Financial
Services Group with core focus.
2.1 GEOGRAPHIC LOCATION
SOUT H SU DAN 2006
UGANDA 2004
KENYA 1920’s
R WANDA 2012
DR CONGO 2012
TANZ ANIA 2013
7. 4.1 BOARD OF DIRECTORS FOR UAP INVESTMENTS
Susan Omanga
Chairperson
Dominic Kiarie Jackson Theuri
Joseph MucheruMary-Ann Musangi
Davinder Sikand George Odo
Managing Director
Exclamation
Marketing ltd
Group Managing
Director
UAP Holdings Ltd
Group Chief
Financial Officer
UAP Holdings Ltd
Strategy Director
Woof! Advertising
& Marketing
SSA Ambassador &
E.A. Head
Google
Managing Director
AFRICINVEST (E.A)
Managing Director
Aureos Kenya
Managers
8. 5.1 STRUCTURE OF UAP INVESTMENTS
UAP Investments Ltd has four (4) key business units as presented in the chart below. All the
business units were established in 2012 and enhanced in subsequent years. The number of
personnel is included in italics with a total of 15
Boardof
DirectorsGMD
CEO
FundServices&
Operations
Manager
InvestorServices/
Executive
Assistant
Office
Assistant
Fund
Administration
Fund
Valuation
Financial
AdvisorsDealing
Head
Dealer
Dealer
Research
Analyst
Research
Analyst
Head
Business
Development
Portfolio
Manager
Finance
ORGANISATIONSTRUCTURE
9. 6.1 PRODUCTS AND SERVICES
UAP INVESTMENT SERVICES Our focus on world-class investment and comprehensive,
tailored solutions to both individual and institutional investors is reflected in our
diversified product range and advisory services. These include:
a) Domestic investment funds which are structured as Unit Trusts i.e. the UAP Money
Market Fund , UAP High yield bond Fund and Dividend Maximizer Fund
b) Private Wealth Management Services & Corporate Treasury Management
Service – an extraordinary and personalized service that creates and
manages wealth for individual investors
c) Discretionary/Segregated Portfolio Management and Advisory Services to
institutional funds such as Provident Funds, Pension Funds, Charities, NGOs,
Endowment Funds, amongst others
d) Real Estate Investment Trust (“REIT”) Fund. Regulated vehicle that owns, develops
and manages commercial real estate.
• Personal Lines (Accident, Domestic Packages, Fire Solutions, Liability, Motor)
• Commercial Lines (Accident, Agricultural Solutions, Aviation,
Engineering Solutions)Fire Solutions, Liability, Marine, Motor,
UAP Investments
UAP General Insurance
UAP Life
UAP Health
Property Investments &
Development
• Individual Protection
• Group Protection
• Equities
• Fixed Income
• Real Estate
• Individual Medical Insurance
• Group Medical Insurance
• Commercial
• Hospitality (E.g. Hotels &
Serviced Apartments)
• Retail (E.g. Malls)
• Private Equity
• Structured Products
• Absolute Returns
• Residential
• Industrial (E.g.
Warehouses)
• Individual Savings
• Group Savings
1
2
3
4
5
11. 1.2 UAP MONEY MARKET FUND
I. The Fund’s investment objective
The investment objective of the UAP Money Market Fund is to maximize the level of total
return to investors by generating a reasonable level of current income and maximum
stability for the capital invested, whilst minimizing the volatility of the portfolio.
To achieve this, the Fund will invest in a diversified portfolio consisting principally of
short-term fixed income securities that offer comparative yields versus what the individual
client would be able to achieve through direct investment in an interest bearing current
or savings account, as well the attendant liquidity benefits.
II. The Funds principal investment strategies
The Fund would primarily invest in fixed income securities including Government Treasury
bills, short-term Treasury bonds, Fixed Deposits, commercial papers (“CPs”), and any other
fixed income securities with suitable characteristics.
The basis of the Funds management will focus on maintaining an acceptable average interest
rate sensitivity of the assets within the Fund, or duration . This will be done by considering
the Funds constituents on the basis of the prevailing yield curve.
III. Target Client.
The Fund is suited to clients with a conservative risk profile due to its low-risk nature.
It is suited to individual clients who are typically seeking a higher return than what they
would otherwise be able to attain from a normal bank/savings account.
The Fund would also be suited to corporate clients with surplus liquidity from which they
would wish earn competitive interest rates prior to deployment.
The recommended investment horizon is 3 to 12 months in order for clients to be able to
appreciate the effect of the returns on their invested capital
12. THE KEY BENEFITS OF THE MONEY MARKET FUND
• Capital Stability: The funds rates of returns aim to outperform the prevailing inflation rate.
• Liquidity: The funds are highly liquid since the Capital Markets Act (Cap. 485A), requires Unit
Trust Fund managers to buy back all the Units that Unit-Holders wish to off-load at any time.
• Cash Withdrawal Facility: This allows the investor to make regular withdrawals from the
British-American Unit Trust Funds without penalty (subject to rules).
• Low Risk: The Money Market Fund is a low-risk investment vehicle since the dominant assets
in the portfolio are government backed securities. This portfolio comprises of securities of the
same class issued at different times, thus ensuring diversification.
• Potentially Superior Returns: Because your funds are invested together with those of other
investors, unit trusts provide returns that are potentially superior to those offered by fixed
deposits over the longer term, thus providing investors with the opportunity to build real
wealth.
• Income distribution: Returns generated from the Money Market Fund are distributed
monthly, though we recommend reinvestment to achieve an even higher return through
compounding.
• Safe and Transparent: The Capital Markets Act provides the foundation for the regulations
that apply to the Unit Trust Fund industry. These regulations require fund managers to
disclose information on the performance and movement of their fund prices on a daily basis
in the daily newspapers.
• Value for money: Pooling of money is cost efficient as it lowers the dealing and
administration costs per investor. In other words, you access expert advice at very low costs.
• Flexible investment options
I. Lump sum investments
II. Monthly Investment Plan
• Switching: Investors are able to switch their investments between the different portfolios
offered
13. Money Market Fund Overview
Minimum Initial Investment KES 250,000
Investment Plan KES 50,000 lump sum with monthly payment of
KES 12,500 for 12 to 18 months there after
Initial Fee 0.0%
Management Fee 2.0%
2.2 UAP HIGH YIELD BOND FUND
I. The Fund’s investment objective
The investment objective of the UAP High Yield Bond Fund is to maximize the level of total
return to investors by generating a reasonable level of current income and maximum stability
for the capital invested, whilst minimizing the volatility of the portfolio. To achieve this, the
Fund will invest in a diversified portfolio consisting principally of high yielding fixed income
securities.
II. The Funds principal investment strategies
The Fund would primarily invest in fixed income securities including Government Treasury
bonds, high-yielding Fixed Deposits, Commercial papers (“CPs”) of various tenors, and any
other fixed income securities with suitable characteristics.
III. Target Client
The Fund is designed for investors who want to participate in the fixed income markets so as
to enjoy income and capital appreciation on their investments. The Fund is suited to clients
that require a high level of income from their capital investment with relatively low risk.
The recommended investment horizon is 2 to 4 years or longer in case the client such as an
institution is seeking a strategic exposure to the fixed income asset class in order to diversify
the risk within their overall investment portfolios.
14. High Yield Bond Fund Overview
Minimum Initial Investment KES 250,000
Investment Plan KES 50,000 lump sum with monthly payment of
KES 12,500 for 12 to 18 months there after
Initial Fee 0.0%
Management Fee 2.0%
3.2 UAP DIVIDEND MAXIMIZER FUND
I. Fund’s investment objective
The investment objective of the UAP Dividend Maximizer Fund is to offer investors long term
capital growth by primarily offering exposure to high dividend yielding stocks, as well as the
additional upside form potential capital appreciation. This would be achieved by investing in
a diversified selection of high yielding stock securities exhibiting reasonable risk-return
fundamentals over the medium to long term.
II. The Fund investment strategy
The Fund will seek to give investors diverse exposure to stocks by investing in value stocks
within sectors the Fund Manager believes have positive economic growth prospects. The
stock selection process will interrogate the fair value of the available stock universe, against
the intrinsic value of the companies to determine the existence of a value proposition.
A host of other valuation related factors including dividend yields, liquidity & the market
environment will also be taken into account in the stock selection process. The success of the
Fund’s investment strategy depends largely on the Fund Manager’s skill in assessing the
potential for appreciation in value of the securities in which the Fund invests. The Fund may
also invest in short term Treasury securities in periods where equity market volatility is judged
to be too high as well as modest short term cash deposits as suitable investment
opportunities are assessed.
15. III. Target Client
The Fund is suited to clients with a long investment horizon – 3 to 5 year – as well as a high
risk tolerance.
Dividend Maximizer Fund Overview
Minimum Initial Investment KES 250,000
Investment Plan KES 250,000 lump sum with monthly payment of
KES 12,500 for 12 to 18 months there after
Initial Fee 5.0%
Management Fee 2.0%
4.2 UAP ENHANCED INCOME FUND
I. The Fund’s investment objective
The investment objective of the UAP Enhanced Income Fund is to achieve a high level of
current income and offer investors long term capital growth, as well as the additional upside
form potential capital appreciation exposure afforded by high yielding stock exposures. This
would be achieved by investing in a diversified selection of medium to long term fixed
income securities at yields typically higher than the market weighted average yield to
maturity, as well as investments across stocks with high yields and reasonable risk-return
fundamentals over the medium to long term.
II. The Fund investment strategy
The Fund will seek to give investors diverse exposure to stocks by investing in value stocks
within sectors perceived to have positive economic growth prospects. The stock selection
process will interrogate the fair value or market price of the available stock universe, against
the intrinsic value of the company to determine the existence of a value proposition. The
Fund will also invest in fixed income securities which offer steadier returns, thereby lowering
the risk profile of the Fund.
16. The fund’s asset allocation will typically depend on the prevailing market climate as observed
by the Fund Manager, within the context of a target optimal asset allocation given the Fund’s
risk profile. The success of the Fund’s investment strategy depends largely on the Fund
Manager’s skill in assessing the potential for appreciation in vale of the securities in which the
Fund invests, given the prevailing and expected market & economic conditions.
III. Target Client
The Fund is suited to clients with medium to long-term – 3 to 5 year- investment horizon and
a medium risk tolerance.
Enhanced Income Fund Overview
Minimum Initial Investment KES 250,000
Investment Plan KES 50,000 lump sum with monthly payment of
KES 12,500 for 12 to 18 months there after
Initial Fee 5.0%
Management Fee 2.0%
Management structure of the Funds
Best practice entails that the Fund’s assets are held by a Custodian, to protect clients’
investments.
The Trustee to the Fund will provide oversight on the Fund management practices on behalf
of the clients ensuring the Fund Manager stays true to the guidelines as stated within each
product’s Trust Deed.
The Fund Manager - UAP Investments Limited - will be in charge of managing the clients’
investment funds with a view to fulfilling the specific Fund’s investment objectives as
outlined above.
17. Why Invest in Unit trust Funds
• Superior Returns: Optimize future income flows by ensuring your money works hard for you.
• Professional Advice & Management: Access qualified Investment expertise
• Diversification: Minimize risk exposure through a variety of high quality securities
• Governed by law: The Capital Markets Act ensures regular monitoring and proper
administration of the unit trusts hence making them safer than other alternative investments
• Flexibility: Provide options for switching from one fund to another, regular cash injections
& transfer of ownership
• Tax Efficiency: Registered Unit trust funds are tax exempt on capital gains and interest
income
• Highly Liquid: Funds can be withdrawn
ILLUSTRATION
The Table below shows different investment amounts and returns for each of the funds.
Fund Indicative Investment
Amount
250,000
500,000 1,000,000 5,000,000
Money Market Annual Return Rate-11%
277,500 555,000 1,110,000 5,550,000
Bond Fund Return Rate- 13%
282,500 565,000 1,130,000 5,650,000
Enhanced Income Return Rate15% factor
initial fees 5% 273,125 546,250 1,092,500 5,462,500
Dividend Maximizer Return Rate 19% factor
initial fees 5% 282,625 565,250 1,130,500 5,652,500
19. 1.3 UAP CASH MAX SERVICES
The UAP CashMax service is a comprehensive investment solution that provides personalized
portfolio management services to clients who would like an opportunity to invest at an
agreed and guaranteed rate of return over a specified period of time.
The defining features of CashMax Service include:
• The product is structured around the client’s cash needs and requirements taking into
consideration the client’s risk and return profile
• Consistently competitive interest rates on invested cash at all times by consolidating cash
from various investors. The consolidation of investments allows for the negotiations of higher
rates on invested cash
• Access to in-house fixed income analysis from the fund management fixed income team
who provide market intelligence.
• Investor capital is preserved
• Investment of cash over an agreed period of time ranging from 1,3,6 and 12 months
• Cash flow management of hard currency investment
• Special maturities can be structured based on clients need for high volume clients.
2.3 PRODUCT OBJECTIVE
The investment objective of the CashMax service is to offer investors a reasonable rate of
return on surplus cash invested over a period of 3-12 months. The returns would arise from
investments in the fixed income asset class, seeking high yields on cash invested as well as
favorable yields at primary and secondary auctions.
20. CashMax Service Overview
Minimum Initial Investment KSH 5 Million
Minimum Top up Amount KSH 2Million Per top up
Duration Minimum of 1 month with period ranging from 1, 3, 6 and
12 months. On Maturity funds may be withdrawn, rolled
over at a new rate or switched to any of UAP Unit Trust funds
Rate of return Rates will be communicated at the beginning of the week
and shall be applicable to all funds reaching our account and
compiled by Thursday of the same week
Fees Cash Max service does not attract any fees
CAPITAL PRESERVATION AND LONG-TERM GROWTH
We recognize that your underlying expectation with working with us is preservation of capital
that you have created and accumulated. The team at UAP Investments will use its considerable
investment experience (both local and international) to meet the needs of clients by
structuring investment proposal based on in-depth analysis of the client’s financial standing,
and implement mutually agreeable decisions.
Our Investment approach emphasizes risk management and long term growth. We seek to
invest in periods when the future risk return profiles are conducive for long term growth. We
invest with a margin of safety hence aligning our investment strategy with our client’s desired
capital preservation.
21. Fund Manager
I&M Bank House | 2nd Ngong Avenue
P.O. Box 43013 | Nairobi 00100, Kenya | Tel +254 20 2850000 | Direct +254 20 2850634
Cell + 254 711 065 634 | Fax +254 20 2719030 | Website http://www.uap-group.com
Investment Management | Property Development | Financial Advisory | Securities Brokerage
KENYA | UGANDA | SOUTH SUDAN | RWANDA | DR CONGO | TANZANIA
WHAT IS REQUIRED TO SIGN UP FOR THIS SERVICE?
Required documents;
• A copy of National Identity Card or Valid Passport
• A copy of the PIN Certificate
• Certificate of Incorporation for companies or other founding documents.
• Letter or documents giving power of attorney to manage funds
• A copy of Utility bill/ Address verification
• Bank Statement not later than 3 months
• Completed application forms for CashMax
