FEATURED: BK Capital announces the second semi-annual income distribution of the AGUKA Unit Trust Fund.

The AGUKA Unit Trust Fund (“the Fund”) is an open-ended, tax exempt Unit Trust Fund registered under the laws of Rwanda and licensed by the Capital Market Authority.

Aguka Unit Trust Fund pools money from investors and invests the Fund’s money into a diversified portfolio of money market instruments, cash deposits and debt instruments.

Kigali 31 December 2021: BK Capital has announced and distributed the second semiannual income distribution from the Aguka Trust Fund.

Siongo KiSOSO, Head of Investment Banking and Capital Markets, at BK Capital, stated that the Aguka Unit Trust Fund is focused on capital protection, liquidity and attractive return through a robust investment process. It invests in liquid assets, such as Treasury bonds and Treasury bills, attractive bank deposits and corporate-debt issues.

“We have been able to outperform our benchmark of the Republic of Rwanda 12 Month T-Bill Yield which has had yields of between 7–8% p.a in 2021; The Fund was able to achieve a return of 10.2% p.a net of all fees Besides attractive returns and capital protection, the fund has a simple on-boarding process and withdrawals can be accessed in a short time frame. Siongo also added.

Evans KAMAU, a technical advisor, stressed that Aguka Unit Trust Fund is the best option for short-term and long-term savings goals for capital protection and growth.

“Contributing monthly to the Aguka unit trust fund in 2022 is an innovative and disciplined way to save for short-term goals such as emergency fund, weddings, vacations or car purchases, and long-term goals such as your children’s university education or the deposit to buy your first house” Evans added.

The distributes income to unit holders twice a year in July and January based on the fund’s net investment income. Unitholders can choose to receive income in cash or to reinvest to buy additional units.

To learn more about the Aguka Unit Trust Fund, read the fund’s prospectus which you can find via this link https://www.bkcapital.rw/aguka-fundFor further information, contact your nearest BK branch, or BK Capital on +250788143241. Or by email at agukafund@bk.rw

About BK Capital

BK Capital Limited (“BK Capital”), is an investment bank licensed and regulated by the Capital Market Authority.  BK Capital, a subsidiary of BK Group PLC was established in Rwanda in 2012 under the name BK Securities Limited in order to provide brokerage services for investment securities.

The Company was rebranded in 2018 as BK Capital Ltd. This gives it a wider mandate to provide additional investment services like Investment Management, Fund Administration, and Corporate Finance Advisory services.. BK Capital has been licensed by the Capital Market Authority (Capital Market Authority) and the National Bank of Rwanda.

Investors are invited to read the Information Memorandum, available in English or Kinyarwanda, on the BK Capital website at www.bkcapital.rw

editor@newtimesrwanda.com