Hi Caleb thanks for the update,
But i think at this point it is too early to start contributing before we
know or agree on what the club wishes to invest in!
Just my thoughts but i commend the work done so far
have a good week

Ms Winfred Adukule





On Mon, Jan 24, 2011 at 08:49, Caleb Alaka <[email protected]> wrote:

> Ladies and Gentlemen,
>
> As you are absolutely aware, one of our objectives as stated in our
> memorandum and articles of association is to venture into a collective
> investment scheme. The same is also reflected in our strategic Plan. Good
> news, Yesterday, during the science cafe under the tutelage of our able
> sister Christine Munduru, Our own investment expert Denis Aliga together
> with our ebullient elder Geoffrey Onegi Obel who is the God father of
> Capital Markets in Uganda made a breath taking presentation on collective
> investment schemes. Members then resolved to move forward and as a result
> the Committee on the WNFIC was formed. The members of the committee are the
> following:
> 1.   Chairperson Richard Okuti Borao
> 2.  Vice Chairperson Adiga Jimmy
> 3. members Alemi Kenyi William, Akille Igu Rocks, Adukule Winnie, Azabo
> Francis, Abati Nickson. Azabo Francis is the treasurer, meanwhile Denis
> Aliga is the Investment advisor and Caleb Alaka is an ex-officio by virtue
> of his position as the President. Members also agreed that the committee
> formulates its TOR, and members are urged to contribute a minimum of 100,000
> per each three months to the scheme, the funds will be managed by a fund
> manager registered and approved by the capital markets authority.
>
>
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