Details
12-month NAV return
5.43%
Trailing 12 months
NAV / fund size
USD 106.3851
USD 39.23M
Data as of 2026-10-12
Liquidity
T+5
Redemption proceeds credited to the unit holder account within 5 business days
Minimum investment
USD 1,000
What this fund invests in
Up to 100% of NAV in deposits and fixed income instruments, at least 70% USD-denominated and up to 30% TZS-denominated
Source: offer document p16
Performance
Historical NAV change for the periods shown. Distributions may not be included; read the fund methodology before comparing income-paying funds.
- 1 week
- 2026-10-02 → 2026-10-09
- +0.1%
- 1 month
- 2026-09-09 → 2026-10-09
- +0.42%
- 3 months
- 2026-07-10 → 2026-10-09
- +1.29%
- YTD
- 2025-12-31 → 2026-10-09
- +4.09%
- 1 year
- 2025-10-09 → 2026-10-09
- +5.43%
A dash means this period is unavailable; it is not a zero return.
Keep exploring
Money Market Funds in Tanzania →Risks & terms
- Redemption timing
- T+5 (redemption proceeds paid within 5 Business Days of a verified request) -- slower than the T+3 used by every other iTrust fund
- Income distribution
- iDollar Fund shall not have distributions.
- Key risks
- Market risk; Fund management risk; Performance risk; Inflation risk; Operational risk
- Custodian
- National Bank of Commerce Limited (NBC)
- Front/Exit Load
- No entry or exit load
- ESG Policy
- Unverified
- Notes unverified
- Recently launched USD money-market fund
Official sources
Each figure uses its own latest available date. Management fees are not necessarily total costs. Open the full profile for risks, qualifications and source documents; historical results are not a forecast.
What the offer document says
The terms below come from iDollar Fund's own offer document — the minimums, loads, lock-ins and settlement windows that decide what this fund actually costs you to enter and leave.
- Structure
- Open-ended multi-currency USD-denominated money market unit trust scheme
- Objective
- The Fund seeks to provide investors with an opportunity to manage their liquidity while earning competitive returns by investing in a range of fixed income instruments with a primary focus on dollar denominated deposits, bonds, and other fixed income securities.
- Asset allocation
- Deposits and fixed income instruments (total) (up to 100% of NAV); US dollar denominated deposits, bonds and other fixed income securities (at least 70% of NAV); TZS denominated fixed income securities (up to 30% of NAV)
- Benchmark
- Average of US Dollar Fixed Deposit Rates from Commercial Banks in Tanzania
- Minimum initial investment
- USD 1,000
- Minimum additional investment
- USD 100
- Minimum redemption
- USD 100
- Entry load
- Nil
- Exit load
- Nil
- Management fee
- 1% per annum of the Fund's NAV, calculated daily, payable monthly. The Manager may charge a lower rate at its discretion. Lower than every other iTrust fund's 1.6% rate.
- Tax treatment
- Income from Government bonds with a tenure above three years is tax exempt; Income from listed Corporate Bonds issued after July 2022 with a tenure of three years or more is tax exempt; Withholding tax of 10% (final) applies to interest from all other bonds, treasury bills and bank deposits; Gains from sale or maturity of listed bonds are tax exempt; Foreign exchange gains are subject to tax at the taxable Unit Holder's level; Proceeds from repurchase of units by investors are tax exempt
Checked against the fund's own offer document, page by page (reviewed 2026-08-31). Read the offer document