The investor places funds for a specified period of time for a higher rate of interests based on the prevailing treasury bill rate. For example, if the T-Bill rate is 20% UTRAK will be willing to pay at least 2 percentage points above that rate
UTRAK Capital Management is Licensed by the Pensions Regulatory Authority as Fund Managers to manage pension funds on behalf of its clients.
This is an investment account that seeks to help investors accumulate funds over a minimum period of three years.
All our credit instruments will be managed methodically to reduce risk exposure to UTRAK and the other investors.
These papers will be issued on behalf of known medium and large companies for onward selling to investors. The product will be backed mainly by listed stocks and other traded money market securities. They will then be issued for a period of 30 days to a year.
This is a short-term loan facility designed specifically for well-known micro finance institutions. The duration of the loan facility will usually not exceed six (months).
We are in the process of registering and licensing our first mutual fund. We look forward to launching this first mutual fund early next year.
Our Corporate Finance and Investment Advisory Services, including development of business plans for SMEs are operational.
We will compile and monitor a list of financial institutions authorized to provide investment transactions. In addition, a list of approved security brokers/ dealers whose credit worthiness, as determined by the Chief Finance Officer, and approved by the Board, will also be compiled and maintained.
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