MTN Yinvesta is transforming the way Ugandans invest by making the process accessible, straightforward, and flexible through the power of mobile technology. This innovative product is the result of a partnership between MTN Mobile Money (U) Limited (MTN MoMo) and Sanlam Investments East Africa Limited.
Designed as a unit trust investment platform, Yinvesta is tailored to meet the needs of everyday Ugandans-whether you’re a young professional, a student, or a parent looking to secure your family’s financial future.
What is MTN Yinvesta?
At its core, MTN Yinvesta is a unit trust investment product that pools funds from numerous individuals into a single, professionally managed portfolio. This portfolio is diversified across a range of low-risk financial instruments, including treasury bills, government bonds, and bank deposits.
The overarching goal is to preserve investors’ capital while delivering competitive returns, all while minimizing risk through diversification. With a minimum investment requirement of just UGX 1,000, Yinvesta opens up the world of investing to virtually anyone with an MTN MoMo account.
The service is fully licensed and regulated by the Capital Markets Authority of Uganda, providing an added layer of security and transparency for investors.
How does Yinvesta work?
Getting started with Yinvesta is remarkably simple. The service is available to all MTN MoMo customers, and you can access it either through the MTN MoMo app or by dialing *165*7*1# on your mobile phone. The registration process is user-friendly: after selecting Yinvesta from the menu, you are prompted to agree to the terms and conditions, and then you finalize your registration by entering your MTN MoMo PIN.
Once registered, your investments are managed through a unit trust structure. This means your money is combined with that of other investors in the Sanlam Income Fund, which is overseen by Sanlam Investments East Africa Limited. The fund invests in a carefully selected mix of treasury bills, government bonds, and bank deposits, with the aim of providing stable and steady growth.
Your investment starts earning daily interest just 24 hours after your deposit is made. This interest is compounded monthly, which means your returns are reinvested and can grow even faster over time. You can monitor your earnings after three days by using the “check balance” feature.
While some sources mention that Yinvesta may offer returns of up to 12% per annum, it is important to remember that actual returns depend on the performance of the underlying financial instruments and are not guaranteed. The value of your investment may fluctuate, reflecting changes in the market.
Flexibility and withdrawals
One of the standout features of Yinvesta is its flexibility. Investors can withdraw their funds at any time, with a minimum withdrawal amount of UGX 1,000. Withdrawals are processed instantly and credited directly to your registered MTN MoMo wallet after you verify the transaction with your PIN. There are no fixed investment terms or lock-in periods, so you have the freedom to top up or withdraw your investment whenever you choose.
For those looking to build a disciplined savings habit, Yinvesta offers an auto-savings feature. You can set up recurring investments-daily, weekly, or monthly-through MTN Standing Orders, all without incurring extra charges. This makes it easy to automate your savings and steadily grow your investment over time.
Transparency and security
Transparency and security are at the heart of the Yinvesta experience. Investors can access detailed statements at any time, showing the total amount invested, interest earned, and a full transaction history. This can be done conveniently through the app or by using the USSD code.
Security is ensured through PIN verification for all withdrawals, and every transaction triggers an SMS notification to your registered MTN number, so you are always in control of your funds. Importantly, MTN MoMo does not charge any fees for using Yinvesta via the MoMo wallet, making it a cost-effective option for investors.
Risk and regulation
While Yinvesta’s diversified portfolio is designed to reduce risk, it is important to understand that all investments carry some level of risk. Returns are not guaranteed, and the value of your units may rise or fall depending on market conditions.
However, investors can take comfort in the fact that Yinvesta is licensed by the Capital Markets Authority of Uganda under the Collective Investments Schemes Act of 2003, and Sanlam is registered with the Uganda Retirement Benefits Regulatory Authority. This regulatory oversight ensures that the platform operates transparently and in accordance with established financial standards.
How to invest with MTN Yinvesta
Investing with Yinvesta is straightforward. Simply dial *165*7*1# or open the MTN MoMo app, select Yinvesta, and agree to the terms and conditions. You can choose to invest for yourself or set up an auto-savings plan.
Enter the amount you wish to invest-remember, the minimum is just UGX 1,000-and confirm the transaction with your PIN. You can then monitor your investment and track your progress through the app or USSD code.
Why choose Yinvesta?
Yinvesta stands out because it makes investing accessible to everyone, regardless of financial background or expertise. With a low entry point, daily interest accrual, instant access to your funds, and no hidden fees, it offers an attractive and user-friendly solution for anyone looking to grow their wealth.
The platform’s transparency, security features, and regulatory backing further enhance its appeal. Whether you are saving for education, a business venture, or simply want to build a financial cushion, Yinvesta provides a smart and secure way to achieve your goals.
