During the period of review, Unit Trust’s Assets Under Management (AUM) grew by 15.1% to Kshs 88.1 bn, from Kshs 76.5 bn as at Q1’2020. Hass Consult also released the Q3’2020 House Price Index indicating that house prices increased by 0.3% over the quarter and 2.3% on an annual basis and the Q3’2020 Land Price Index which highlighted that land prices softened recording a 0.9% decline over the quarter in the Nairobi suburbs while satellite towns recorded a 0.1% drop. Trustees will be assigned in order to make certain the manager of the fund is properly pursuing the various objectives and goals of the Unit Trust Fund. Invesco Unit Investment Trusts are distributed by the sponsor, Invesco Capital Markets, Inc. and broker dealers including Invesco Distributors, Inc. Nevertheless some of the challenges expected to face the sector include;  i) exit by some retailers to cushion themselves against the impact of the COVID-19 pandemic, ii) growing focus on e-commerce thus reduced demand for physical space, iii) the existing oversupply of 2.8 mn SQFT of retail space in certain locations which is likely to result in pressure on landlords to provide concessions and other incentives to attract new clientele or retain existing tenants, and, iv) reduced consumer spending power attributed to the tough economic environment. Sedia untuk review akaun public mutual anda jika agen anda tidak lagi aktif. Deposits per branch increased by 43.8% to Kshs 2.3 bn, from Kshs 1.6 bn in Q3’2019, with the number of branches increasing by 6 to 300 branches in Q3’2020, from 294 in Q3’2019. Locate a Branch. Both firms are … Using the subsequent Yearbooks, new trusts … If your agent doesn’t answer you, you may actually required to switch to another servicing agent. Unit trusts offer an easy, convenient and affordable way to invest in shares and other asset classes. All of the South African general equity unit trusts lost money over the past year – with some down more than 20%. However, in Kenya businesses rely on banks for a staggering 99.0% of their funding; with less than 1.0% coming from Capital Markets. The Other Funds include Income Funds, Growth Funds, Wealth Funds, Diversified Funds, and Bond Funds. The highest subscription rate was in the 91-day paper, which came in at 220.3%, up from 56.9% recorded the previous week. According to Reuters, the yield on the 10-year Eurobond issued in June 2014 remained unchanged closing the week at 4.7%, as was recorded the previous week. OUR FEES. Data as of September 10 th 2018. The decline in the YIEA can also be attributed to the reduced lending rates for customers by the sector, in line with the Central Bank Rate cuts. Key take-outs from the earnings release include; For a comprehensive analysis, please see our KCB Group Q3’2020 Earnings Note, For a comprehensive analysis, please see our Equity Group Q3’2020 Earnings Note. The development will consist of 704 units on 18-floors. Below, depending on your objective, you will find the best performing unit trust funds to invest and grow your money. The performance was driven by a 50.7% increase in total operating expenses, outpacing the 17.0% growth recorded in total operating income. As highlighted in our topical Potential Effects of COVID-19 on Money Market Funds, we believe that amidst the Coronavirus pandemic, returns for Money Market Funds will remain stable with a bias to a slight increase upwards should rates on government securities increase. View unit trusts performances. – Ivan Guan . Lump sum investment performances are quoted. Disclaimer: The views expressed in this publication are those of the writers where particulars are not warranted. The equities market performance was driven by gains recorded by EABL, KCB Group, Equity Group and BAT, which gained by 5.5%, 5.3%, 5.1% and 4.3%, respectively. According to the Central Bank of Kenya’s weekly bulletin released on 13th November 2020, commercial banks’ excess reserves came in at Kshs 9.8 bn in relation to the 4.25% Cash Reserve Ratio. The unit prices translate to an average of Kshs 147,321 per SQM, 11.1% higher than the upper mid-end residential market average value of Kshs 132,573 per SQM according to the Cytonn Q3’2020 Market Review. In the residential sector, Centum Real Estate launched a Kshs 2.0 bn housing project, dubbed Loft Residences in Gigiri. In our previous focus on Unit Trust Funds, we looked at the Q1’2020 Performance by Unit Trust Fund Managers. Total liabilities rose by 30.0% to Kshs 836.1 bn, from Kshs 643.1 bn in Q3’2019, driven by a 31.7% increase in customer deposits to Kshs 772.7 bn, from Kshs 586.7 bn in Q3’2019, with customer deposits from NBK amounting to Kshs 102.6 bn in Q3’2020. Find a Maybank branch nearby to you . ... consider the fees and charges involved. The launch of Loft Residences follows the successful completion and handing over of the developer’s two projects, Awali Estate at Vipingo Ridge in Kilifi County and Pearl Marina apartments in Entebbe in October 2020, and the recent launch of 365 Pavilion Place Apartments in Ruaraka and 265 Elmer One in Kasarani. The performance data quoted represents past performance, which does not guarantee future results. While Equity Funds have the potential to outperform and deliver better returns than Money Market Funds over the medium to long-term, preservation of capital in Money Market Funds is the main contributory factor for its popularity in Kenya. Unit Trust Funds, “UTFs”, are collective investment schemes that pool money together from many investors and are managed by professional Fund Managers, who invest the pooled funds in a portfolio of securities to achieve objectives of the trust. Based on Morningstar data as of May 2019. Interest expense rose by 21.6% to Kshs 12.8 bn from Kshs 10.5 bn in Q3’2019, following a 17.9% increase in interest expense on customer deposits to Kshs 9.6 bn, from Kshs 8.1 bn in Q3’2019, coupled with a 36.8% increase in other interest expenses to Kshs 2.6 bn from Kshs 1.9 bn in Q3’2019. 353563-P) Suite 12.02, 12th Floor, Kenanga International Building, Jalan Sultan Ismail, 50250 Kuala Lumpur, Malaysia Http://www.KenangaInvestors.com.my The local share market declined by more than 11% in 2018. The average yield of the Top 5 Money Market Funds increased by 0.1% points to 10.1% from 10.0% recorded the previous week. The cost of funds, on the other hand, declined to 2.6% from 2.9% in Q3’2019 owing to a faster 30.1% growth in average interest-bearing liabilities, which outpaced the 20.3% rise in the trailing interest expense. In terms of performance, Nanyuki which falls under the Mt. Get general fund information, prices, performance, declarations, investment minimums, fees and charges. The loan book also recorded an 18.7% growth to Kshs 577.5 bn, from Kshs 486.6 bn in Q3’2019. Please enquire QFR Quarter 4 Year 2018 from your agent and ask him to explain to you. To invest, email us at. The investment opportunity for apartments lies in the lower mid-end market in areas such as Thindigua and South C, which continued to post above-market returns and annual uptake. During the week, Quickmart supermarket opened its latest outlet in Nanyuki Mall, Nanyuki town, as the anchor tenant taking up space left behind by the struggling retailer, Tuskys. For continued growth, there is a need to leverage more on innovation and digitization in order to further propel the growth of MMFs in Kenya. Name: NAV: Yield 27 FOUR ASSET SELECT PRESCIENT FOF A : 176.29 - 27 FOUR BALANCED PRESCIENT FUND OF FUNDS : 2165.53 - 27 FOUR EQUITY PRESCIENT … During the period of review, Unit Trust’s Assets Under Management (AUM) grew by 15.1% to … There are many types of unit trusts that are designed to offer investors a range of different benefits, depending on their particular needs. The sample of trusts was selected to include all trusts with UK equity objectives recorded in the annual Unit Trust Yearbooks. Property funds have also been dragged down by the weak performance of a number of UK property companies that are listed on the JSE, which have have had a torrid time amid a Brexit-driven meltdown. You should see all of the above and more. Call Us 0860 947 366. Forward pricing is used and fund valuations take place at approximately 16:00 each business day. The increased provisioning levels were witnessed as the Group covered for downgraded facilities, with the expectation of an increase in defaults across sectors, brought about by the COVID-19 pandemic. During the week, the yields on the 2019 dual-tranche Eurobonds remained relatively stable, with the 7-year Eurobond increasing marginally by 0.1% points to 5.7%, from 5.6% recorded last week, while the 12-year Eurobond remained unchanged closing at 6.9%, as was recorded the previous week. This was supported by government payments, which partly offset tax receipts. But a number of unit trusts delivered strong performances over the last five years. The average dividend yield is currently at 4.9%, 0.9% points above the historical average of 4.0%. Fairmont Mount Kenya grabbed the title of Africa’s leading hotel, while the Aberdare Country Club was voted Africa’s leading Green Hotel. Despite their high TERs, the unit trusts we examined actually underperformed their respective indexes over a 10-year period. 10,000. Is the end of 'pariah status' for UK assets nigh? As per the regulation, funds in MMFS’ are invested in liquid interest-bearing securities that have a weighted average maturity of less than 12-months. Provided as a free service by Sharenet. Apartments recorded an annual increase of 5.8% in the rental rates compared to detached and semi-detached units which recorded an annual increase of 5.1% and 3.5%, respectively. Unit trust or knife is just a tool, it benefits you if you use it correctly, but it turns to a disaster if you use it the wrong way. Yields on interest-earning assets declined to 10.3% from 10.5% in Q3’2019 attributable to a faster 13.7% growth in average interest-earning assets, outpacing the 4.9% growth in trailing interest income. Dealing costs are shared and all the administration and paperwork is done for you, at a tiny fraction of the expense of doing it yourself. During the week, the Kenya Bankers Association released the Housing Price Index, November 2020 Report, highlighting that house prices contracted by 0.1% in Q3’2020, a marginal improvement from the 0.2% contraction in Q2’2020. Alternatively, you may open the unit trust investment in your own name and manage it on behalf of the child. Equity Fund recorded a 0.6% points decline in its market share to 4.1% from 4.7% recorded in Q1’2020 partly attributable to increased capital flight by investors from the fund as they seek for safe havens as well as the downward trend recorded in the equities market since the onset of the COVID-19 pandemic, which saw the Nairobi all share Index (NASI) shed by 17.3% in H1’2020. Daily Unit Price as at 2021-01-14. Kepler Trust Intelligence provides research and information for professional and private investors. Learn more about your Unit Trust fund with St. James’s Place. Dealing costs are shared and all the administration and paperwork is done for you, at a tiny fraction of the expense of doing it yourself. The unit trusts are legally the property of the minor. We show that the ethical unit trusts have significantly greater exposure than general unit trusts to the ‘small firms effect’, and that net of this there is no significant evidence of over or under performance by ethical trusts using an adjusted Jensen measure. The term “unit trust” is often used in the British Commonwealth while “mutual fund” is more widely used in the United States. Unit trust data. The growth was supported by a 37.2% increase in the government securities to Kshs 185.3 bn, from Kshs 135.1 bn, coupled with a 30.1% increase in loan book to Kshs 453.9 bn from Kshs 348.9 bn in Q3’2019. Recent Publications. A unit trust ... and the performance of the popular unit trusts within each category. Unit Trust Consultant (Agent Code: 30300332) (FIMM No: 022-0-20248) Mobile: +6010-786 8813 Email: hajeedkib@gmail.com HQ: Kenanga Investors Berhad (No. The reports are included in the Documents section of all of our trust product pages. These are listed in the “local unit trusts” section on our Latest prices, factsheets and performance page. However, in Australia relatively little published research is available. Give us a call at +603 2022 5000. The investment performance of Unit Trusts and Mutual Funds has been extensively researched in the United States and in Britain. The region accounts for 7.7% retail market share and its performance was mainly driven by low supply of malls in the region. If interested in our Private Wealth Management Training for your employees or investment group, please get in touch with us through, For recent news about the company, see our news section. South African - Equity - General Funds: Back to Index: Initial Fee (%) Date: NAV: Hist Yield (%) Fund Size (R mill) Fund Name: TER Date: TER: Perf Fee as % of TER: Plex We show that the ethical unit trusts have significantly greater exposure than general unit trusts to the ‘small firms effect’, and that net of this there is no significant evidence of over or under performance by ethical trusts using an adjusted Jensen measure. According to the Central Bank of Kenya data, the average deposit rate during the quarter declined to 6.9%, post the removal of the deposit rate cap floor in August 2018, from an average of 7.8% when the legislation was in place. Eastspring Investments Unit Trusts – Singapore SelectBond Fund Class A. This brings the total number of  Quickmart’s outlets to 35, with 6 outlets opened in 2020. How does a unit trust work? There are many types of unit trusts that are designed to offer investors a range of different benefits, depending on their particular needs. Borrowings recorded a growth of 19.0% to Kshs 68.5 bn, from Kshs 57.6 bn in Q3’2019, and. Consequently, the NPL ratio deteriorated to 10.8% in Q3’2020, from 8.4% in Q3’2019, attributable to a faster 69.4% growth in Non-Performing Loans, which outpaced the 32.5% growth in gross loans. Interest income grew by 23.0% to Kshs 63.3 bn, from Kshs 51.4 bn in Q3’2019. Unitholders Hotline. Banks with a large customer base who rely heavily on mobile money transactions are likely to take the biggest hit. Download Report. The table below highlights the performance of the banks that have released so far, showing the performance using several metrics, and the key take-outs of the performance. It is the unit trust fund managers who manage the trust in order to realize the greatest potential returns and profits. Get up to date performance figures on the IA Unit Trusts & OEICs, including annual, cumulative and discrete performance details, interactive charting options and more. We will further analyze the performance of Money Market Funds, a product under Unit Trust Funds, currently the most popular in terms of Assets Under Management, with 89.6% of the UTF market as at Q2’2020. The top five Money Market Funds in terms of growth rate recorded in Q2’2020 as highlighted below: During the period under review, the following Money Market Funds had the highest average effective annual yield declared, with the Cytonn Money Market Fund having the highest effective annual yield at 10.8% against the industrial average of 8.7%. Unit Trust Code 2011; LSBs-Definition of Liquid Assets under Sec 86 of the BA No. The total Assets Under Management in Money Market Funds grew by 17.2% to Kshs 78.9 bn in Q2’2020, from Kshs 65.7 bn in Q1’2020. For example, if a fund name reads "Yellow Pebble Asia Energy Equity Fund", this means that the fund is managed by a fund house called "Yellow Pebble" which invests in equity stocks of companies in the energy sector that are listed in Asia. The advent of digitization and automation within the industry has enhanced liquidity. How Are Unit Trusts Priced? On the other hand, Kiambu recorded the highest quarterly and annual price correction of 5.2% and 8.0%, respectively, attributed to relatively high land prices compared to other satellite towns with the average price per acre at Kshs 39.7 mn. Out of the 23 however, only 19 were currently active while 4 were inactive. Unit Trust Features. Transfer your existing retirement savings, What to expect from your portfolio manager, Nedgroup Investments Core Accelerated Fund, Old Mutual Absolute Smooth Growth Portfolio, Old Mutual Multi-managers Enhanced Income Fund, Catalyst Global Real Estate Prescient Feeder Fund, Nedgroup Investments Global Cautious Feeder Fund, Coronation Global Equity Select [ZAR] Feeder Fund. Cytonn Money Market Fund closed the week at a yield of 10.5%. Previous Next >> Unit Price. Past performance is not an indication of future performance. If you’re coming into the market by year 2018, then big chances that you’re losing money. The yields on all the three papers, 91-day, 182-day and 364-day increased marginally by 1.0 bps, 4.0 bps and 5.0 bps to 6.7%, 7.1% and 8.0%, respectively; During the week, the equities market was on an upward trajectory, with NASI, NSE 20 and NSE 25 recording gains of 1.9%, 1.1% and 2.5% respectively, taking their YTD performance to losses of 32.6%, 13.5% and 20.0%, for NSE 20, NASI and NSE 25 respectively. At Investonline, we believe that providing our clients with concise and accurate data is the very basic element of our service and is to be expected across all of our dealings. The subscription rate for the 364-day paper dropped to 135.4% from 210.0%, while that of the 182-day paper increased to 80.3% from 45.5% recorded the previous week. During the week, Centum Real Estate launched a Kshs 2.0 bn housing project, Loft Residences in Gigiri area. 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