Details
12-month NAV return
11.66%
Trailing 12 months
NAV / fund size
TZS 150.3105
TZS 113.61B
Data as of 2026-08-28
Liquidity
T+3
Lock‑in period up to 3 months; repurchase proceeds credited within 1‑3 working days
What this fund invests in
Invests 100% in money‑market and debt instruments (T‑bills, deposits and bonds)
Source: offer document pp. 3, 4, 35, 41
Risk and operating notes
- Custodian unverified
- CRDB Bank
- Lock-in
- 3 months
- Front/Exit Load
- No entry or exit load
- ESG Policy unverified
- None
- Notes unverified
- Low-ticket cash alternative
Official sources
NavViewTZ gives you the fast read on this fund, but when you want to dig into the raw materials — the prospectus, the live NAV table, or the manager's own narrative — these links take you straight to Watumishi Housing Investments's published pages. Treat the manager as the source of truth; we just made them easier to find.
What the offer document says
The terms below come from Faida 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 debt and money-market fund
- Asset allocation
- Debt instruments (minimum 60%); Money-market instruments (maximum 40%)
- Minimum initial investment
- TZS 10,000
- Minimum additional investment
- TZS 5,000
- Entry load
- none
- Exit load
- none
- Lock-in
- up to three months after the initial sale/investment period
- Fee breakdown
- 1.80% management fee, 0.10% custodian fee and up to 0.60% other charges; total capped at 2.50% of NAV
- Benchmark
- Two-year Treasury Bond rate
Checked against pages 3, 4, 35, 41 of the offer document (reviewed 2026-08-20). Read the offer document