See the thinking move.

A hypothetical TZS 500m book turns market evidence into one visible model-book allocation at a time. No real money. No advice.

Latest model-book allocation →How it works

Hypothetical NAV:ExplainNAVNet asset valueNet asset value is a fund's assets minus its liabilities, usually stated in total and/or per unit at a specific valuation date.How it is calculatedNAV per unit = (assets − liabilities) ÷ units outstanding.What it does not meanNAV is not automatically the exchange price, an executable redemption value or a complete investor-return series.Source or method: Licensed fund-manager publication See it in context →Open the full glossary →Definition only · information and education, not advice: TZS 607.9m.
Observation:: 2026-09-18.
Since inception:: +17.06%.

Chapter 19 · current state

The market moved the number before the rule could

Hypothetical allocation record:: Model ledger: unchanged.
Learning rules:: Unchanged.

See why →

The chapter loop

Evidence becomes consequence.

Follow the loop, or enter at the part you need.

One pictureThe book by holding

NMB Bank19.0%Vodacom Tanzania16.7%Cigarette9.8%T-bonds19.9%

Contributed:: TZS 521m.
Market P&L:: TZS 86.9m.
Holdings:: 11.
Inception:: 2026-06-06.

The latest Tape → allocation handoff

Four facts. One bounded model-book allocation.

Open the Tape →

01 · DSEI4,602.26-0.64%02 · TSI10,166.242026-09-18 03 · Equity sleeve132.54Rebased · 100 at inception 04 · Hypothetical allocation recordMODEL LEDGER: UNCHANGEDLearning rules unchanged

Which hypothetical sleeves moved the book?

Sleeves since inception

As at 18 Sep 2026 · Source: KCP hypothetical model-book tracker; verified public market observations. Exact values and method remain available from the source-bound interactive record.

Start

The Ghost is a hypothetical educational model book. It is not a signal service, recommendation, offer, client portfolio or record of actual trading. Marks are sourced to the dates shown; contributions are capital, not performance.