TRUST FUND FOR UMBRELLA COVERAGE

# Understanding Unit Trust Fund and Financial Services in Uganda

In this video, Caroline Lie, an experienced insurance agent, provides valuable insights into financial services and specifically the unit trust fund in Uganda. She shares her knowledge on how financial services work, the products available, management of the fund, regulatory authorities, and the eligibility criteria for joining. From the benefits of a unit trust fund to the joining process, Caroline covers it all in a comprehensive manner.

**Keywords/Tags:** financial services, unit trust fund, insurance, investment, Uganda, financial management

Caroline Lie, an issuer with a certain insurance company, brings a wealth of experience and knowledge in the field of financial services. Her intention is to provide valuable information to viewers interested in understanding the concept of financial services and how the unit trust fund operates in Uganda.

In this video, Caroline delves into the specifics of financial products such as cash management solutions, private wealth management, stock brokerage, and particularly the unit trust fund, also known as the umbrella trust fund. She explains the concept of a unit trust and how it serves as a collective investment scheme for individuals, groups, religious bodies, and corporate companies.

Caroline also sheds light on the management of a unit trust fund, emphasizing the importance of fund managers, trustees, custodians, and auditors in ensuring the safety and integrity of the funds. She further discusses the role of regulatory authorities such as the Capital Market Authority and the Uganda Retirement Benefit Regulatory Authority in overseeing these financial services.

The video goes on to outline the benefits of a unit trust fund, including flexibility in topping up investments, ease of accessing money, tax exemptions, and high liquidity. Caroline also explains how interest is compounded on a daily basis, providing regular statements and ensuring transparency in the investment process.

Throughout the video, Caroline encourages viewers to consider investing in financial services, particularly the umbrella trust fund, and provides clear instructions on the joining criteria for individuals, joint accounts, investment clubs, and corporate companies.

If you’re looking to gain a comprehensive understanding of financial services and the unit trust fund in Uganda, this video by Caroline Lie is a valuable resource. Her expertise and in-depth knowledge make this a must-watch for anyone interested in making informed financial decisions.

For more information or to seek clarification on any aspect discussed in this video, viewers are encouraged to reach out to Caroline Lie via her social media pages on [Twitter](https://twitter.com/carolinelie), [Instagram](https://www.instagram.com/carolinelie), [YouTube](https://www.youtube.com/carolinelie), and [Facebook](https://www.facebook.com/carolinelie). Join in the conversation and embark on your financial investment journey with confidence.