Frequently Asked Questions
How can I start investing?
All you need to do before you start investing is submit in your completed application and documents required. Your application will be reviewed and set up within 48hours.
What are the minimum amounts I can invest in your unit trust?
The minimum that you can invest in any fund as an individual is ZMW 500 (or K200 for Students) thereafter as and when you wish, you can make subsequent investments of ZMW200.00 (or USD50.00) for Dollar denominated funds
What is the minimum tenure or period?
The minimum period before any exits or withdrawals is 6 months. An exception is the Mpile Property Fund whose period before exit is 1 year and above.
How do I deposit?
You can make regular deposits through online bank transfers or over-the- counter deposits at any Stanbic branch. The respective fund account details are provided in the welcome email for reference.
How do I withdrawal?
You can make a withdrawal from your investments by filling in the redemption form. Send us a copy for processing and payments are made within 5 working days.
How safe are my investments?
Aflife is licensed and regulated by the Securities and Exchange Commission (SEC). Its other investment activities are regulated by the Pensions and Insurance Authority (PIA).
What are the charges for investing in the Mpile Unit Trust?
Aflife charges an annual management fee of 1.5% to the total NAV or total fund size. Other charges levied on the unit trusts are Trustee fees (0.15%), Custodian fees (0.17%), Audit fees and CIS levy (0.125%).
How do I monitor my investment?
Aflife will send clients their statements on a monthly basis.
