Details
Effective annual yield
10.55%
Manager-published yield, not NAV price return
NAV / fund size
TZS 1.00
TZS 201.90B
Data as of 2026-10-14
Liquidity
T+3
Withdrawals processed within 2–3 working days
Minimum investment
TZS 10,000
What this fund invests in
Fixed-income securities such as Treasury bills & bonds, high-quality corporate bonds and bank deposits
Source: offer document p3
NAV price is constant; income performance should use the manager-published yield.
Keep exploring
Money Market Funds in Tanzania →UTT Liquid vs Sanlam Pesa →Risks & terms
- Redemption timing
- Processed within 2-3 working days to the registered bank account; Mobile Money withdrawals can also be facilitated upon request. Transactions initiated after 9:00am are processed on the next working day (per the Product Guide); the July 2026 Fact Sheet instead states a 10:00 AM transaction cut-off time. SanlamAllianz's own documents disagree on this point.
- Income distribution
- Note 10 to the FY2024 Financial Statements: 'One unit is equivalent to one Tanzanian Shilling.' Section 6 of the FY2025 Fund Manager's Report: 'Units in the Fund are accumulation units and may be sold, issued, repurchased, or cancelled on any business day.' The Statement of Changes in Unit Holders' Balances shows 'Gross interest distributed to unitholders' (TZS 4,552,202,000 in 2025) added directly into the closing balance of net assets attributable to unit holders, alongside (not instead of) unit creations/liquidations -- i.e. income is capitalised into the Fund on unit holders' behalf rather than paid out and removed from Fund assets, consistent with an accumulation-unit structure despite the word 'distributed' being used. The Product Guide's own FAQ nonetheless frames this as an investor election: 'Reinvesting means adding accrued interest to the initial capital invested... The contrary is to have the interest earned sent to your bank account upon distribution' -- so a cash-payout alternative to the default reinvestment sweep may be available, though the audited financial statements only ever show the reinvestment path being used.
- Key risks
- Market risk
- Custodian
- CRDB Bank Plc
- ESG Policy
- Unverified
- Notes unverified
- Mobile-friendly unit trust platform
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 SanlamAllianz Pesa Money Market 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 money market unit trust fund, structured as accumulation units with a constant TZS 1 unit price, so income is credited as additional units rather than paid out; one of two portfolios under the SanlamAllianz Unit Trust Scheme (the other being the SanlamAllianz USD Fixed Income Fund), itself registered under the Capital Markets and Securities (Collective Investment Schemes) Regulations, 1997, prescribed under the Capital Markets and Securities Act, 1994.
- Objective
- Seeks to generate a premium over traditional deposit rates by investing in high-quality fixed income instruments, with a portfolio designed to preserve capital and offer daily liquidity. Aims to safeguard the value of the investment while still earning favourable returns.
- Asset allocation
- Cash and Bank Deposits (59.7% (point-in-time holding, July 2026 Fact Sheet)); Government Securities (40.3% (point-in-time holding, July 2026 Fact Sheet))
- Benchmark
- 91-day Treasury Bill (Money Market 100%)
- Minimum initial investment
- TZS 10,000
- Minimum additional investment
- TZS 5,000
- Minimum redemption
- TZS 10,000
- Management fee
- 2.0% of AUM per annum (stated identically in the Product Guide, the July 2026 Fact Sheet, and both Annual Reports). The rates of return published by SAIL (Daily Yield / Effective Annual Yield) are already net of this charge.
- Tax treatment
- No withholding tax is charged; all rates published are net of all fees and charges (Product Guide); Withholding tax expense of TZS 92,980,000 was nonetheless recognised in the FY2025 Statement of Profit or Loss, reducing profit before taxation of TZS 4,645,182,000 to profit for the year of TZS 4,552,202,000
Checked against the fund's own offer document, page by page (reviewed 2026-09-01). Read the offer document