Old Mutual Unit Trust Hits Shs3 36trillion
The story
Old Mutual Investment Group’s unit trusts have recorded a massive growth with assets surging to shs3.36 trillion in the year ended December 2025.
Speaking during the 9th annual general meeting at Four Points by Sheraton Hotel in Kampala, the Old Mutual Investment Group Chief Financial Officer, John Golooba said the unit trusts recorded a 36% year-on-year growth from shs2.46 trillion reported in 2024.
Details
“This growth was mainly fuelled by rising strong net inflows supported by rising investor participation and the compounding effect of income earned across portfolios,” he said.
Golooba said the flagship Umbrella Trust Fund remained the main contributor to overall growth, accounting for the majority of inflows and increasing by 34.4% to shs3.31 trillion and drove about shs255billion investment income, recording a 28.4% growth and a profitability of shs173 billion.
On the other side, the Dollar Fund grew to $63 million, with a 61.2% growth and a $3.22 million income, indicating a 100.9% growth which raked in $2.34 million in profit.
Golooba also highlighted the areas where the unit trust money by the Old Mutual Investment Group is invested, indicating that the largest chunk at shs2.61 trillion, representing 78.8% is invested in government securities while shs675 billion goes into bank deposits.
Old Mutual Investment Group Managing Director, Zac Kisesi attributed the growth to a number of factors that he said are playing in their favour.
“Financial literacy that has been taking place in the country has contributed to this growth. Right now, if you look around, there are so many circles, investment clubs opening, companies actually opening interest accounts to manage liquidity, treasury management and so on and so forth,” Kisesi said.
Why it matters
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