FAQ's
About Morula
Morula Capital Partners is an independent asset management firm headquartered in Gaborone, Botswana. We provide asset management services targeting institutions and individuals.
Yes. Morula Capital Partners is authorised and regulated by the Non-Bank Financial Institutions Regulatory Authority (NBFIRA), with license number NBFIRA 10/3/71 CM.
Morula Capital Partners offers capabilities in equities, fixed income, property, and alternative investment strategies.
Investment Options (Units Trusts)
 A unit trust is a regulated investment vehicle where funds from many investors are pooled together and invested into different asset classes. Morula Capital Partners offers various unit trusts that allow investors to access a diversified portfolio.
Morula’s investment philosophy is valuation-driven (click here for more)
Fees charged include management, administrative, custody, trustee, trading, legal, and auditor fees. The Total Expense Ratio (TER) refers to the total applicable fee charged. Specific fee percentages for each fund are detailed on fund information and fund prospectus. No initial, subscription or redemption fees are charged
Investing with Morula Unit Trust Funds
The minimum investment amounts vary by fund and are specified below
- Morula Cash Plus Fund: P1000 (Lumpsum) / P200 (Monthly debit order)
- Morula Bond Fund: P1000 (Lumpsum) / P200 (Monthly debit order)
- Morula Inflation Plus Fund: P500 Lumpsum / P200 (Monthly debit order)
- Morula Global Balanced Fund: P500 Lumpsum / P200 (Monthly debit order)
- Morula Global Absolute Return Fund: P1000 Lumpsum / P200 (Monthly debit order)
- Morula Income Fund: P500,000 (Lumpsum)
- Morula Local Equity Fund: P500,000 Lumpsum
- Morula Global Equity Fund: USD$100,000 Lumpsum
You can open an investment account by downloading an application form and completing it and sending it to unittrusts@morula.co.bw together with the additional required documents. You can also book an appointment to get assistance with our experts, or visit us at our offices @ Head Office Address: Deloitte House, Plot 64518, Fairgrounds, Gaborone
If applying as an individual you need:
- Certified Omang for Botswana citizens or Passport and Work Permit copies for expatriates residing in Botswana. For non-residents, a certified copy of Passport.
- Proof of residence (utility bill, letter from employer, affidavit).
- Proof of Bank account (confirmation letter from the bank, recent bank statement stamped by the bank).
- Proof of employment and source of funds (confirmation letter from employer).
Deposits and withdrawals can be made via bank transfer. For contributions, proof of deposit must be submitted along with the contribution form. Withdrawals will be processed within T+2 working days.
You can make a withdrawal at any time, by completing the redemption form and submitting it to us via the unittrusts@morula.co.bw and your request can be processed within 2 working days
A daily transaction statement will be shared to client’s email after every transaction. A monthly statement is shared showing all funds, and fact sheets are shared monthly.
Yes. Withholding Tax is held within the fund and remitted to BURS and the Tax Certificate is sent to you as and when remissions have been done. However, the full Tax implications depend on individual circumstances and prevailing Botswana tax laws. Consulting a tax advisor for personalized advice is recommended.