Help Little Timmy Understand Unit Trusts #ElimishaTimmy

Little Timmy wants to understand Unit Trusts so that he can consider putting his money somewhere to have it grow. The expert did not do so well. Can you help?

By Old Mutual Investment Services

The Terms and Conditions:  

The Promoter is Old Mutual Investment Services Limited whose registered offices are UAP Old Mutual Tower, Upper Hill Road.

Participation

The campaign is open to residents of Kenya aged 18 and above on the following platforms;

To enter users will need to submit one video no longer than 1 minute explaining Unit Trusts in the simplest way possible. The description should be easy enough for even a child, in this campaign portrayed as Little Timmy, to understand.

See little Timmy Video here https://youtu.be/f8CZKfveqJk 

No fee charged to participate.

Eligibility

To be eligible, you have to tag UAP Old Mutual Social Media platforms. Only one entry is required per user. The same video may be posted on multiple platforms but will only count as one entry.

Employees of any of the companies under the UAP Old Mutual Group and their immediate family are ineligible to participate

Duration

This campaign runs from 23rd July 2019 to 13th August 2019. Submissions need to be made on or before 6th August 2019. This will allow 1 week for consideration and sorting to pick the winning submission.

Winning

The videos will be shortlisted by our panel based on simplicity, accuracy and completeness in the definition of Unit Trusts. 

The winning video shall be posted on UAP Old Mutual Social media pages for a period not exceeding 90 days for the promotion of Unit Trusts.

All participants agree to be bound by these terms and conditions

Rules of the competition:

Submit video on Facebook, Twitter or Instagram and tag UAP Old Mutual Social media pages. Use the hashtag #ElimishaTimmy 

  1. The Promoter reserves the right to cancel the competition
  2. The Panel’s decision is final
  3. The Promoter shall not be responsible for incorrect/inaccurate details supplied to a participant by a third party.
  4. The Promoter has the right to presume that the account submitting the video is the creator.
  5. Videos submitted to the campaign:
    • by the winning creator will become Intellectual Property of the UAP Old Mutual Group and the person submitting is granting the Group an irrevocable perpetual license to the video in consideration of the reward;
    • by any other participant may be used by the Group in future campaigns. Such participant(s) may be contacted to grant the Group an irrevocable perpetual license in consideration of half of the reward of the winning creator.

The Reward:

  1. The creator of the winning video will receive Unit Trusts worth Kes 50,000
  2. If the winner is an Old Mutual Investment Services Unit Holder, their Unit Trust account will be topped up with the units
  3. If the winner is not a Unit Holder, they will be required to open a Unit Trust account by dialing *480# on a Safaricom number. For winner who does not have a Safaricom number, they will be required to fill an application form which will be availed to them
  4. The promoter will notify the winning creator through social media on the media through which they submit their video by the 6th of August 2019.
  5. The details required will be Full Name, ID number, KRA PIN, phone number and Email address.
  6. Should the winning creator fail to respond to the notification within a week, the Promoter reserves the right to select another winner
  7. If within 2 weeks the winner has not confirmed their details, the reward will be deemed as forfeited.

 Disclaimer

Submission of a video does not guarantee the creator an automatic right to win.

Fund Prices
Old Mutual Money Market Fund Daily Yield : 4.87%  Annual Rate: 4.98%
Old Mutual Equity Fund Buying Price: 376.97  Selling Price: 376.97
Old Mutual Balanced Fund/Toboa Buying Price: 144.99  Selling Price: 144.99
Old Mutual Bond Fund Buying Price: 101.19  Selling Price: 101.19
More

Fund Prices

Fund Prices at 15th December 2019

Fund Name Currency Daily Yield Effective Annual Rate
Old Mutual Money Market Fund Kenya Shillings 4.87% 4.98%
Fund Name Currency Buying Price Selling Price
Old Mutual Equity Fund Kenya Shilling 376.97 376.97
Old Mutual Balanced Fund/Toboa Kenya Shillings 144.99 144.99
Old Mutual Bond Fund Kenya Shillings 101.19 101.19
Feedback

Help us serve you better

Please let us know what you think about this website