January 2025

iPRO Botswana Money Market Fund delivers 7.22% net return for 2024

The iPRO Botswana Money Market Fund (IBMMF) delivered a net return of 7.22% for the 2024 calendar year, outperforming its benchmark and providing consistent capital preservation for investors.

The iPRO Botswana Money Market Fund (IBMMF) closed 2024 with a net return of 7.22%, continuing its track record of above-benchmark performance since inception.

The fund benefited from elevated short-term interest rates in Botswana throughout the year, strategic positioning in higher-yielding instruments, and disciplined risk management across the portfolio.

Class A unitholders received consistent monthly income distributions, reflecting the fund's commitment to capital preservation and regular income generation for both institutional and retail investors.

We thank all our investors for their continued trust and look forward to serving your investment goals in 2025.