Details
12-month NAV return
18.27%
Trailing 12 months
NAV / fund size
TZS 949.4748
TZS 62.69B
Data as of 2026-10-12
Liquidity
T+10
Repurchase allowed once the beneficiary child turns 12; proceeds dispatched within 10 business days of acceptance
Minimum investment
TZS 10,000
What this fund invests in
Mixed equities and bonds
Source: offer document p31
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
- +0.12%
- 1 month
- 2026-09-09 → 2026-10-09
- +0.83%
- 3 months
- 2026-07-10 → 2026-10-09
- +3.27%
- YTD
- 2025-12-31 → 2026-10-09
- +14.36%
- 1 year
- 2025-10-09 → 2026-10-09
- +18.27%
A dash means this period is unavailable; it is not a zero return.
Keep exploring
Balanced Funds in Tanzania →Risks & terms
- Redemption timing
- Repurchase proceeds dispatched/posted not later than the 10th Business Day from receipt of a duly completed application, by bank transfer (mandatory for repurchase values of TZS 100,000 or more) or postal money order. Units are repurchased on a First-In-First-Out basis where purchased on more than one occasion.
- Income distribution
- Two options at subscription: Scholarship Option (payments to the beneficiary child after age 12, in a chosen block of years -- 12-18, 19-24, or the full 12-24 -- paid half-yearly or yearly by repurchasing eligible units) or Growth Option (no regular payments; the unit holder benefits purely from NAV appreciation, and may partially/fully repurchase subject to the age-12 condition). An application with no option indicated defaults to Growth. A unit holder may switch from Scholarship to Growth at any time, but a switch from Growth to Scholarship is not permitted after the beneficiary turns 20.
- Key risks
- Equity performance risk; Corporate/local-authority default risk; Interest rate risk; Foreign exchange risk; DSE liquidity risk; Tax-regime risk; Regulatory risk; Unforeseen factors
- Custodian
- CRDB Bank Plc
- Lock-in
- No fixed lock-in, but repurchase is restricted until the beneficiary child turns 12
- Front/Exit Load
- 1% exit fee if redeemed within 3 years
- ESG Policy
- Unverified
- Notes unverified
- Designed for children’s long-term savings
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 Watoto 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 balanced unit trust scheme for the benefit of a named beneficiary child (a 'child benefit oriented plan')
- Objective
- A child-benefit open-ended balanced fund which seeks to generate long-term capital appreciation through a judicious mix of investments in debt and listed equity instruments, while also offering an opportunity to generate regular income for the beneficiary child in the form of scholarship payments (payable half-yearly or yearly) once the child reaches age 12.
- Asset allocation
- Debt Instruments (0%-100%); Equity (listed ordinary shares) (0%-50%)
- Minimum initial investment
- TZS 10,000
- Minimum additional investment
- TZS 5,000
- Entry load
- Nil (units issued at face value TZS 100 during Initial Sale, at prevailing NAV thereafter, with no upfront charge either way)
- Exit load
- 1% of NAV if repurchase occurs within 3 years of the date of investment; Nil if on/after 3 years. Exempted entirely (no exit load at any time) for unit holders in the Disabled or Orphan category, on submission of documentary proof, and for repurchase following the unfortunate death of the beneficiary.
- Management fee
- 1.50% of NAV per annum
- Tax treatment
- Interest Income of the Scheme is taxable at 10% withholding tax, which is final; Income from dividends of listed companies whose shares are held by the scheme is taxable at 5% instead of the usual 10%; Capital gains arising from sale of listed equities and sale/maturity of listed bonds at the DSE held by the scheme are tax exempt
Checked against the fund's own offer document, page by page (reviewed 2026-08-31). Read the offer document