Licensed and regulated by the Capital Markets Authority of Uganda

Frequently asked questions

About KURA

Yes. Kura Asset Managers is licensed and regulated by the Capital Markets Authority (CMA). Client assets are held separately with approved custodians in line with regulatory requirements.

Kura Asset Managers combines strong local market expertise with global asset management standards to deliver tailored investment solutions. The focus is on building long-term, sustainable wealth for individuals and institutions while maintaining a high standard of client service and transparency.

Yes. The investment / Advisory team is available to guide clients through the investment process, explain the funds, and help determine the most suitable option based on individual financial goals.


Funds and fees

As a licensed fund manager, Kura Asset Managers offers professionally managed investment funds designed to meet different investor needs, including:

  • Kura Income Fund (UGX) – designed to generate stable income for investors seeking steady returns in Uganda shillings.
  • Kura Dollar Fund – a U.S. dollar–denominated fund for investors seeking income and currency diversification.
  • Private Wealth Management – tailored portfolio management solutions for high-net-worth individuals and institutions.

  • Kura Income Fund (UGX): Minimum investment of UGX 100,000, with flexible top-ups from UGX 50,000.
  • Kura Dollar Fund: Initial investment of USD 5,000, with flexible top-ups from USD 2,000.
  • Private Wealth Management: Minimum portfolio size of UGX 150 million (or USD 43,000), with no minimum top-up.

The Kura Income Fund (UGX) charges a management fee of 2% per annum, the Kura Dollar Fund charges a management fee of 2% per annum, and Private Wealth Management charges a management and performance fee of 2.6% per annum.

Anyone who earns an income and has savings can invest. The funds are designed for individuals looking to grow their money over time, as well as SMEs, professionals, corporates, diaspora investors, and institutions seeking professionally managed investment solutions.

The funds are valued daily, allowing investors to track the performance of their investments and transact transparently.


Opening and managing an account

To open an account, you will need:

  • National ID (for Ugandans) or a government-issued ID / passport (for non-nationals)
  • A passport photo
  • Proof of a bank account (a bank statement or cancelled cheque)

Kura shares regular account statements. Clients can also log in to the Kura client portal to track their portfolio performance.

The funds are open-ended, allowing clients to initiate a withdrawal at any time. Unit trusts are valued daily, and redemption proceeds are paid to the client’s bank account within three business days.

You can begin by completing the client onboarding form and submitting the required identification documents. Once your account is approved and funds are deposited, your investment is allocated to the selected fund.

Yes. Investors can make additional contributions to their investment at any time, allowing them to gradually grow their portfolio.

Yes. Investors can add to their investment at any time, allowing them to grow their portfolio gradually through regular contributions.


Diaspora investors

Yes. Individuals living outside Uganda, including non-Ugandans, can invest with Kura Asset Managers provided they submit valid government-issued identification and complete the required KYC documentation, which must be verified during the onboarding process.

Yes, clients are able to initiate withdrawals from anywhere in the world through our digital platform.

Withdrawals will be processed to your registered bank account, whether it is a Ugandan account or an international bank account.

Clients can invest using Ugandan Shillings (UGX) or United States Dollars (USD), depending on the fund.


Investment basics

A fund manager provides professional investment management, diversification, and disciplined risk management, helping investors access opportunities that may be difficult to manage individually.

All investments carry some level of risk, including market fluctuations, interest rate risk, liquidity risk, credit risk, currency risk, and inflation risk, which may affect the value or returns of an investment.

Kura manages portfolios through disciplined research, diversification, and prudent risk management to help mitigate these risks.

However, like all investments, returns are not guaranteed.

Financial assets can offer advantages such as diversification, professional management, transparency, and liquidity, making them easier to monitor and access when needed.

Unlike some physical assets, they are also held and managed within regulated financial systems.

However, all investments carry some level of risk, and the appropriate balance between financial and physical assets depends on an investor’s goals and risk tolerance.