Kampala, Uganda – SBG Securities Uganda launched a United States Dollar (USD) Fixed Income Unit Trust Fund on Monday, March 30, 2026, broadening its investment portfolio and offering Ugandan investors a new multi-currency option.
The new fund builds upon the existing Uganda Shilling (UGX) Unit Trust offering, providing investors with increased flexibility in diversifying their holdings. According to a company statement, the USD fund is designed to help investors mitigate risk amid ongoing global economic uncertainty, fueled by instability in the Middle East and volatile energy prices.
“The Uganda Shilling remains a strong and important foundation for local investment,” said Grace Semakula, Chief Executive of SBG Securities Uganda, during the launch event. “However, in today’s dynamic global environment, it is increasingly important for investors to diversify thoughtfully. Our USD Fixed Income Unit Trust Fund complements our UGX offering by giving clients flexibility as they navigate their different investment needs.”
The fund aims to provide a hedge against currency fluctuations, particularly for individuals and businesses with USD-denominated liabilities or revenue streams. Investors can continue to participate in the Ugandan economy through the company’s UGX-denominated investment products, creating a balanced portfolio approach.
Semakula emphasized that the introduction of the USD fund is part of a larger strategic plan to expand SBG Securities’ product range. “We are committed to building a robust, multi-product investment suite for our clients. Today, we are offering both UGX and USD options, and we hope to add more as we innovate and expand our solutions to meet the evolving needs of Ugandan investors,” she stated.
Salima Katamba, Investment Manager at SBG Securities, highlighted the accessibility of the fund, noting its suitability for investors with varying financial capabilities. “The reason why anyone should consider investing in the unit trust is that someone can collect smaller amounts of money. Some of us have bigger dreams and aspirations but we may not have all the money in one go, but it is possible to keep collecting it every month or everyday depending on what you earn so that you can create that bigger pool,” Katamba explained.
The USD Fixed Income Unit Trust Fund requires a minimum initial investment of USD 100, with subsequent contributions accepted in increments of the same amount. Investors retain the ability to contribute and withdraw funds as needed. The fund’s investment strategy focuses on short-term, USD-denominated fixed and floating-rate debt instruments issued by governments, banks, and corporations in East Africa and international markets, according to Semakula.
SBG Securities, a subsidiary of Stanbic Uganda, stated that the launch aligns with the broader goal of increasing financial inclusion and empowering Ugandan citizens to build and preserve wealth. Clients can access both the UGX and USD Fixed Income offerings through the SBG Securities website, physical offices, and Stanbic Bank Uganda branches nationwide.
As of Tuesday, March 31, 2026, SBG Securities has not released projections regarding anticipated fund size or investor uptake. The company has indicated that it will continue to monitor global economic conditions and adjust its investment strategies accordingly.
