MUGABE ASHIRAF
1.3K posts

MUGABE ASHIRAF
@MugabeAshiraf
.Lawyer, .Senior financial risk analyst and advisor .Realist




😅NOT TRUE: @OldMutualUganda are Unit Trusts “cost free?”Nah! Unlike on-exchange products, Unit Trusts have huge administrative & operating costs, directly reducing investor returns called Total Expense Ratios (TER)! Let’s normalize reading offer documents for these unit trusts












@LouisNkizito @OldMutualUganda Annual 1.5%-2% cost. Maybe he meant because the cost is on earnings and the total 12-13% return is after costs deducted. (PS: Haven’t watched the video, just replying basing on your quote 😅). Expense ratios is a serious thing actually.







@MugabeAshiraf Adv., please receive our appreciation note as @JSCLegal, thank you for making the time to share knowledge and expertise on unit trusts. Hope we can have you over again- some time in the future.@elisonk @MuyaakaAlfred @MakabayiMercie @raynersimmons @samuelkakande5










