Details
12-month NAV return
—
Insufficient 12-month history
NAV / fund size
TZS 104.8735
TZS 13.26B
Data as of 2026-10-13
Liquidity
T+2
Redemption processed within 2 days and paid directly to the investor bank account
Minimum investment
TZS 50,000
What this fund invests in
Money market and fixed income instruments
Source: offer document p36
Performance
Historical NAV change for the periods shown. Distributions may not be included; read the fund methodology before comparing income-paying funds.
- 1 week
- 2026-10-06 → 2026-10-13
- +0.87%
- 1 month
- 2026-09-11 → 2026-10-13
- +1.6%
- 3 months
- 2026-07-14 → 2026-10-13
- +3.28%
- YTD
- —
- 1 year
- —
A dash means this period is unavailable; it is not a zero return.
Keep exploring
Money Market Funds in Tanzania →Risks & terms
- Redemption timing
- Processed within 2 business days of receipt of a properly documented redemption request (Section 18.4.3(h)); separately, Section 10.13(b) states the maximum interval between receipt of a redemption request and payment of redemption money shall not exceed one calendar month.
- Income distribution
- Tax Benefits: As per current laws, distribution is subject to income tax in the hands of Unit Holders. There is no tax deduction at source on the Repurchase, irrespective of Repurchase amount.
- Key risks
- Market risk; Fund management risk; Performance risk; Inflation risk; Operational risk
- Custodian
- CRDB Bank Plc
- Front/Exit Load
- No entry or exit load
- ESG Policy
- Unverified
- Notes unverified
- Focuses on liquidity and capital preservation
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 Imara 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 scheme
- Objective
- An open-ended Scheme which seeks to create wealth to Tanzanians particularly the middle- and low-income groups through investment in Units to obtain competitive returns through capital growth, and to enhance the culture of savings (i.e. investing through financial assets).
- Asset allocation
- Money Market and Debt Instruments (Treasury Bonds, Treasury Bills, Corporate Bonds, Bank placements, Repurchase agreements, etc.) (100%)
- Benchmark
- Tanzania's 364-day Treasury Bills Net Yield + 50 basis points
- Minimum initial investment
- TZS 50,000
- Minimum additional investment
- TZS 10,000
- Entry load
- Nil
- Exit load
- Nil (units purchased and redeemed at the prevailing applicable NAV, without entry or exit load)
- Management fee
- 1.5% of NAV per annum (investment management/advisory fee)
- Tax treatment
- The Scheme is liable to income tax separately from Unit Holders; Income derived by the Scheme is subject to tax under the Income Tax Act, Cap. 332 of the Laws of Tanzania; Interest income earned by the Scheme from Corporate or Municipal Bonds listed on the Dar es Salaam Stock Exchange is not subject to income tax (Income Tax Act Cap. 332, s.82(2)(e)); Interest income earned by the Scheme from government bonds of not less than three years, issued and listed on the DSE, is exempt from income tax (Income Tax Act Cap. 332, 2nd Schedule, para 1.1(x)); Distributions made by the Scheme to Unit Holders are subject to tax in the hands of the Unit Holders (Income Tax Act Cap. 332, s.52(2)); No tax deduction at source on the repurchase, irrespective of repurchase amount; Gains on realisation of an asset by a Unit Holder on redemption of a Unit are exempt from income tax (Income Tax Act Cap. 332, 2nd Schedule, para 1.1(u))
Checked against the fund's own offer document, page by page (reviewed 2026-09-01). Read the offer document