Unit Trusts

Providing the best return on investment.

Unit Trusts

A unit trust is a pool of funds from different investors that is used to buy a large portfolio of assets. Smartvest offers one, all equity unit trust fund that invests on the stock market, two money market funds and a balanced fund that invests both on the stock and money markets. These investments have different pre-set objectives and risk tolerance levels pre-designed to suit the different investor profiles and circumstances. To further enhance the security of investments, an independent entity, Stanbic Custodial Services are the third-party trustees and custodians to these funds. The four unit trusts funds are as follows

This is a taxable money market fund whose assets are limited to money market instruments. Such instruments usually comprise Bankers Acceptances, Government and Corporate Bonds, Commercial Paper and Call Money.

This is also a money market fund whose returns are not taxed. The Fund is targeted at tax-exempt entities such as Non-Governmental Organizations, schools, pension funds and senior citizens.

This is a mixed fund that invests in both the money and equity markets. The objective of the fund is to provide a steadier short-term performance with the objective of matching or beating inflation over the long-term. As such the equity portion of the fund gives it its growth aspect while the money market provides the stability.

This fund offers investors the opportunity to invest in a comprehensive range of shares, consisting mainly of blue chip counters, traded on the Zimbabwe Stock Exchange.

25
25
25
Years of experience
Smartvest Wealth Managers

Why Choose Us?

  • Reputable & experienced board
  • Strong historical performance
  • Strong Research Team
  • Multi-skilled & experienced team
  • Committed & stable workforce with shareholding
  • Independent asset manager
  • Good corporate governance
  • Use of custodians on FUM 
  • Professional Indemnity – Insurance Cover
FUNDSBID Price (cents)OFFER Price (cents)Portfolio ValueUnits in Issue
High Interest Fund364.46364.36
(75.88% p.a)
ZWL4 332 825.351 188 811.31
Gross Income Fund138.56138.56
(79.39%p.a)
ZWL748 691.32540 310.22
Wealth Fund195 766.43198 017.74ZWL1 293 360 743.74660 665.22
Growth and Stability Fund80 486.3881 411.97ZWL188 769 788.79234 536.30
Wealth Fund (USD)11.2811.41US$111 475.60987 979.30
Date: 31 January 2024

Contact us for all your Unit Trust needs