BIFM - Botswana Insurance Fund Management is an Asset Manager in Gaborone, Botswana. With Assets Under Management (AUM) exceeding P20 billion, BIFM, a 100% subsidiary of Botswana Insurance Holdings Limited (BIHL), is the largest asset manager in Botswana.
Launched in 2020, the BIFM Letlotlo Education Fund enables parents to save for their children’s future educational needs. It has a seven year lock in period during which no withdrawals are allowed.
BIFM also offers the BIFM Yamasa Junior Fund, which is a long term investment for children.
The funds invest in bonds, equities and cash securities with both in house professionals and in partnership with a team of offshore asset managers. Letlotlo Fund is of a lower risk profile since it invests more in bonds and cash securities. The Yamasa Fund, which invests more in equities, is more moderate to high risk profile.
The minimum investment needed is P200.
Links for BIFM Letlotlo Education fund:
https://www.bifm.co.bw/content/bifm-letlotlo-education-fund-0