Details
12-month NAV return
—
Insufficient 12-month history
NAV / fund size
TZS 118.1496
TZS 8.48B
Data as of 2026-10-13
Liquidity
Not published
Repurchase processed within 3 working days
Minimum investment
TZS 500
What this fund invests in
Government bonds, corporate bonds, and fixed-income debt instruments
Source: offer document p21
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
- +0.16%
- 1 month
- 2026-09-11 → 2026-10-13
- +0.83%
- 3 months
- 2026-07-14 → 2026-10-13
- +2.55%
- YTD
- 2025-12-31 → 2026-10-13
- +9.31%
- 1 year
- —
A dash means this period is unavailable; it is not a zero return.
Keep exploring
Fixed-Income Funds in Tanzania →Risks & terms
- Redemption timing
- Redemption proceeds are calculated on the closing Repurchase NAV of the Business Day the request is received and verified. Cash proceeds are paid on a T+3 basis. Where security redemption is elected, a 20- or 25-year Treasury Bond is allocated to the investor's BOT Central Depository System (CDS) account within 5 working days after preliminary account-opening/security-transfer processes are complete.
- Income distribution
- The Vertex Bond Fund does not make distributions.
- Custodian
- National Bank of Commerce Limited (NBC Limited)
- ESG Policy
- Unverified
- Notes unverified
- Fixed-income bond 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 Vertex Bond 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 Fund (Section 3.1), registered as a Unit Trust Scheme under the trade name 'Vertex Bond Fund', registration number 593788; separately labeled a 'Fixed Income Fund' under Fund Category in the document's own Summary of the Fund (Section 9)
- Objective
- The Fund seeks to provide investors with an opportunity to manage liquidity by investing in short-term transactions as well as medium- and long-term fixed income instruments while earning competitive returns. Any material change to this objective requires Unit Holder approval.
- Asset allocation
- Deposits, short-term fixed income, and other short-term opportunities (up to 100% of NAV); Instruments with an average remaining maturity of 5 years or less (at least 75% of NAV)
- Benchmark
- 10-Year Treasury Bonds with 14% coupon Weighted Average Yield
- Minimum initial investment
- TZS 500
- Minimum additional investment
- TZS 500
- Minimum redemption
- TZS 100,000
- Entry load
- Nil
- Exit load
- Nil
- Management fee
- 1.20% per annum of the Fund's NAV, calculated daily and payable monthly (the Manager may, at its discretion, charge a lower rate)
- Tax treatment
- Income from Government bonds with a tenure above three years and issued after July 2021 is tax-exempt; Income from Government Bonds with a tenure above three years issued before 1 July 2021 is exempt from withholding tax only, but attracts income tax; Income from Listed Corporate Bonds issued after July 2022 with a tenure of three years or more is tax-exempt; A withholding tax of 10% (final) applies to interest from all other bonds, treasury bills, and bank deposits; Any income distributions to investors are tax-exempt; Gains from the sale or maturity of listed bonds are tax-exempt; Proceeds from the repurchase of units by investors are tax-exempt
Checked against the fund's own offer document, page by page (reviewed 2026-09-01). Read the offer document