|ABC Unit Trusts||FuM (ZMW Million)||5 Years (%)||3 Years (%)||2 Years (%)||1 Year (%)|
|Money Market Fund||31||11%||12%||14%||15%|
|ZMW High Yield Fund||93||N/A||25.2%||24.6%||20%|
|USD High Yield Fund||$1.2m||N/A||6.3%||5.6%||4.9%|
|ABC Equity Fund||6m||4%||7%||17%||10%|
Performance: All figures quoted are calculated on a NAV-to-NAV basis. Annualized figures refer to the average yearly return of an investment over a given time, all actual annual figures (if not shown) are available on request.
Collective Investment Schemes CIS are generally medium to long term investments. The value of participatory interests may go down as well as up and past performance is not necessarily a guide to future performance. Fluctuations or movements in exchange rates may cause the value of underlying international investments in a fund to move up or down. Income from the fund is reflected daily through increased unit prices. Prices are calculated on a net asset value (NAV) basis which is the total value of all assets in a fund including any income accrual and less permissible deductions from the fund. Unit prices are available daily and can be obtained by sending an email via firstname.lastname@example.org.
Fees and charges associated with running the funds, are available as disclosed in the marketing brochures. CIS are financial products and not investments in insurance policies with an insurer and therefore cooling off periods do not apply. ABC Asset Management does not provide any guarantee either with respect to the capital or there turn of a fund.
Taxation: The Fund is exempt from Income Tax under the Second Schedule of the Income Tax Act. It is entitled to Withholding Tax Exemption upon application to ZRA, the Withholding Tax Certificate exempts the Fund from taxes on revenue earned from Dividend Income and Interest earned on savings and deposit accounts. However, the Fund is not exempted from interest earned on Corporate Bonds, Government Bonds and Treasury Bills. The Fund is also not exempt from VAT. However, investors need to note that the returns from the fund could be affected by changes in the tax treatment or interpretation of the fund and or changes in law relating to the taxation of the property transactions.