iTrust Finance Limited has reached a significant milestone in Tanzania's investment industry, announcing that the total value of assets under management across its investment funds has exceeded TZS 176 billion, underscoring growing investor confidence in professionally managed collective investment schemes.
The announcement was made during the company's inaugural Annual General Meeting (AGM) for its five unit trust funds, marking a landmark moment in the evolution of Tanzania's collective investment sector and highlighting the increasing participation of Tanzanians in long-term wealth creation through capital market instruments.
According to audited financial statements for the year ended December 31, 2025, the company's flagship iGROWTH Fund remained the largest fund with assets worth TZS 97.9 billion, followed by iCASH Fund with TZS 36 billion, iINCOME Fund with TZS 16.3 billion, IMAAN Fund with TZS 14.9 billion, and iSAVE Fund with TZS 10.6 billion.
Speaking during the AGM, iTrust Funds Accountant, Francis Samkyi, said the strong growth recorded across the funds reflects increasing public awareness of investment opportunities and confidence in regulated collective investment schemes.
"Surpassing TZS 176 billion in assets under management is not only a significant achievement for iTrust, but also a strong indication that Tanzanians are increasingly embracing long-term investing as a pathway to financial security and wealth creation.
Our responsibility is to continue delivering transparency, prudent fund management, and sustainable value for our investors," said Samkyi.
The combined performance of the funds reflects a growing shift among Tanzanians toward structured investment products as a reliable pathway to financial security, wealth accumulation, and long-term financial planning.
Held both physically and virtually, the AGM brought together investors from across the country and abroad, providing them with an opportunity to review fund performance, receive reports from trustees and external auditors, engage directly with management, and vote on strategic resolutions aimed at strengthening the future of the funds.
The meeting also demonstrated iTrust's commitment to transparency, accountability, and investor participation, principles that continue to play an increasingly important role in attracting investors to regulated investment products.
A key focus of the AGM was the discussion of proposed amendments to the Trust Deeds governing the funds.
The proposed changes are designed to strengthen governance structures, improve operational efficiency, broaden investment opportunities, and ensure the funds remain aligned with evolving market conditions and investor expectations.
Among the notable proposals presented was a recommendation to allow the iGROWTH Fund to invest in Exchange Traded Funds (ETFs), a move expected to diversify investment opportunities and enhance portfolio growth potential.
Investors in the IMAAN Fund also considered amendments relating to permissible investment avenues in line with the fund's investment policy and ethical framework.
Commenting on the proposed reforms, iTrust Managing Director, Prof. Mohamed Warsame, said the company remains committed to continuously evolving its investment products to meet the changing needs of investors while maintaining strong governance standards.
"The proposed amendments are intended to position our funds for the future by expanding investment opportunities, strengthening governance frameworks, and ensuring that investors continue to benefit from innovative products that meet international best practices," Prof. Warsame said.
The AGM comes at a time when Tanzania's capital markets are experiencing steady growth and increasing public awareness of investment opportunities.
Industry analysts note that the rising adoption of collective investment schemes is helping democratize access to financial markets, allowing ordinary citizens to participate in wealth creation through professionally managed portfolios.
The company's recent launch of the iTrust App further signals its ambitions to accelerate financial inclusion through technology-driven solutions.
The digital platform enables users to invest in unit trusts, stocks, and bonds from anywhere in the world while providing real-time portfolio tracking and market information.
Prof. Warsame noted that technology will remain central to the company's growth strategy.
"Through digital innovation, we are making investing more accessible than ever before. Whether an investor is in Tanzania or abroad, they can now conveniently access investment opportunities, monitor their portfolios, and participate in wealth creation through our digital platforms," he said.
By leveraging digital innovation, iTrust aims to remove traditional barriers to investing and expand access to financial products for a broader segment of the population.
As Tanzania continues to pursue economic transformation and deepen its capital markets, the growth of institutional investment vehicles such as unit trusts is expected to play a critical role in mobilizing domestic savings and supporting long-term economic development.
With assets under management now exceeding TZS 176 billion, a growing investor base, and a continued focus on innovation and governance, iTrust is positioning itself as one of Tanzania's leading investment management firms and a key contributor to the country's evolving financial landscape.
"This first AGM is an important milestone because it strengthens engagement between fund managers and investors. We believe informed investors are empowered investors, and such forums are essential in building long-term trust and confidence in the investment ecosystem," added Samkyi.
iTrust Finance Limited is a licensed financial services provider regulated by the Bank of Tanzania (BoT) and the Capital Markets and Securities Authority (CMSA).
The company offers stockbroking, fund management, and investment advisory services, with a mission to empower individuals and institutions to build sustainable long-term wealth through accessible and innovative investment solutions.
