SBG Securities Uganda has introduced a USD Fixed Income Unit Trust Fund, widening its investment portfolio and giving clients a new hedge against currency volatility amid global economic uncertainty.
The new dollar-denominated option complements the firm’s existing Uganda Shilling (UGX) unit trust, offering investors greater flexibility to diversify across currencies as markets remain unpredictable.
The launch comes against a backdrop of global instability, including tensions in the Middle East and fluctuating energy prices, factors that continue to influence currencies and investment returns worldwide.
Speaking at the launch, Chief Executive Grace Semakula said the move is aimed at helping investors remain resilient while tapping into emerging opportunities.
“The Uganda Shilling remains a strong foundation for local investment. However, in today’s dynamic environment, diversification is key. Our USD Fixed Income Fund provides clients with the flexibility to balance risk and opportunity,” she said.
The new fund is expected to appeal particularly to investors with foreign currency exposure, offering a hedge against exchange rate fluctuations while maintaining access to opportunities within the local economy.
Semakula noted that the product is part of a broader strategy to expand SBG Securities’ investment offerings.
“We are building a robust, multi-product suite. Today, we offer both UGX and USD options, and we intend to grow this portfolio further to meet the evolving needs of Ugandan investors,” she added.
As global economic conditions remain fluid, the company is positioning itself not just as an investment provider, but as a long-term partner in wealth creation—offering both products and advisory support.
“In times like these, investors need insight, stability, and a trusted partner. We are committed to helping our clients make informed decisions and build resilient portfolios,” Semakula said.
The initiative also aligns with the broader strategy of Stanbic Bank Uganda, the firm’s parent company, to deepen access to financial services and support wealth creation.
Salima Katamba, Investment Manager at SBG Securities, said unit trusts provide an accessible entry point for investors, allowing them to build wealth gradually.
“Many people have big aspirations but limited capital upfront. Unit trusts allow investors to contribute smaller amounts consistently and grow their savings over time,” she said.
The USD fund requires a minimum initial investment of $100, with similar amounts for subsequent contributions. Investors can deposit and withdraw funds at their convenience.
According to the company, the fund will primarily invest in USD-denominated short-term debt instruments, including government securities, bank instruments, and corporate bonds across East Africa and offshore markets.
Clients can access both the UGX and USD investment options through SBG Securities’ website, physical offices, and branches of Stanbic Bank Uganda nationwide.
