Unit Prices, Factsheets & Performance Reports

Unit Prices & factsheets

ABC Unit Trusts

 

­­ 2022 Year End Price

Dec 31st 2022

2023 Unit Price

June 30th 2023

Factsheets

 

Balanced Fund3.8962584.24144 30th May. 2023
Money Market Fund1.6739411.78877 30th May. 2023
ZMW High Yield Fund0.0041480.004536 30th May. 2023
USD High Yield Fund1.28741.31427 30th May. 2023
USD Fund1.3092081.333052 30th May. 2023
Equity Fund1.603181.710093 30th May. 2023

 

Prices are calculated on a net asset value basis. The single price (NAV) per unit reflects the total assets of a portfolio less permissible deductions divided by the number of units in issue. Permissible deductions may include management fees, brokerage, regulatory fees, auditor’s fees, bank charges, trustee fees and other administration costs.

The ‘factsheets’ contain all the information and disclosures as required by the Securities and Exchange Commission (SEC) to be included in minimum disclosure documents and general investor reports. They set out the characteristics and objectives of each unit trust to help you understand the nature and risks of the unit trusts so that you can make informed investment decisions. You should ensure that the unit trusts you select are appropriate for your needs and objectives.

Statistical Performance

Annualized Performance
ABC Unit TrustsFuM (ZMW Million)5 Years (%)3 Years (%)2 Years (%)1 Year (%)
Balanced Fund20820%22%21%19%
Money Market Fund3111%12%14%15%
ZMW High Yield Fund93N/A25.2%24.6%20%
USD High Yield Fund$1.2mN/A6.3%5.6%4.9%
USD Fund$1.4m3.7%3.8%3.9%3.7%
ABC Equity Fund6m4%7%17%10%
Gratuity Fund6m15%17%18%15%

 

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 investmentszm@bancabc.com.

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.

Disclosure Reports

2022 ABC Unit Trust Quarter Three Commentary

2022 Half Year Interim Report

2022 ABC Unit Trust First Quarter Commentary

2020 ABC Unit Trust Annual Reports 

2021 ABC Unit Trust Annual Reports