Home > Salary > Ethiopia > Mutual Fund Manager
A mutual fund manager is responsible for overseeing the investment activities of a mutual fund. They analyze financial data, research investment opportunities, and make decisions on buying or selling securities within the fund's portfolio. Their main goal is to maximize returns for the fund's investors while managing risk.
The occupation requires strong analytical skills to evaluate market trends and company performance, as well as the ability to make informed investment decisions. Mutual fund managers must stay updated with market news and economic indicators to identify potential investment opportunities. They also need excellent communication skills to effectively communicate investment strategies and performance to clients and stakeholders.
Estimated Yearly Salary: 274,498 ETB
Estimated Monthly Salary: 22,875 ETB
Estimated Weekly Salary: 5,279 ETB per week
Estimated Hourly Salary: 132 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 22,080 ETB
Estimated Weekly Salary: 5,095 ETB per week
Estimated Hourly Salary: 127 ETB per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 4,560 USD
Estimated Monthly Salary: 380 USD
Estimated Weekly Salary: 88 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 274,498 ETB
Estimated Monthly Salary: 22,875 ETB
Estimated Weekly Salary: 5,279 ETB per week
Estimated Hourly Salary: 132 ETB per hour
By working as Mutual Fund Manager a person can save up to 303 USD per month or 3,638 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Mutual Fund Manager
Last revision of data: 2025-01-04
Data as of 2025
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Mutual Fund Manager salary in Ethiopia
Average Yearly Salary of Mutual Fund Manager in Ethiopia is approximately 274,498 ETB (4,560 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Mutual Fund Manager do?
A mutual fund manager is responsible for overseeing the investment activities of a mutual fund. They analyze financial data, research investment opportunities, and make decisions on buying or selling securities within the fund's portfolio. Their main goal is to maximize returns for the fund's investors while managing risk.
The occupation requires strong analytical skills to evaluate market trends and company performance, as well as the ability to make informed investment decisions. Mutual fund managers must stay updated with market news and economic indicators to identify potential investment opportunities. They also need excellent communication skills to effectively communicate investment strategies and performance to clients and stakeholders.Skills: Mutual Fund Manager, Investment Analysis, Portfolio Management, Financial Markets, Risk Management, Investment Strategy
Job industry: Finance
Job industry: Finance
How much does Mutual Fund Manager make?
Salary details
How much does Mutual Fund Manager make?Estimated Yearly Salary: 274,498 ETB
Estimated Monthly Salary: 22,875 ETB
Estimated Weekly Salary: 5,279 ETB per week
Estimated Hourly Salary: 132 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 264,960 ETBEstimated Monthly Salary: 22,080 ETB
Estimated Weekly Salary: 5,095 ETB per week
Estimated Hourly Salary: 127 ETB per hour
Last revision of data: 2024-01-03Mutual Fund Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,560 USD
Estimated Monthly Salary: 380 USD
Estimated Weekly Salary: 88 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Mutual Fund Manager job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Mutual Fund Manager in Ethiopia earns on average:
2.61 times the average salary (or 261% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Mutual Fund Manager job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Mutual Fund Manager in Ethiopia earns on average:
2.61 times the average salary (or 261% of average salary).
Is Mutual Fund Manager a well paid job?
Yes, our data show that Mutual Fund Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Mutual Fund Manager?
High salary for Mutual Fund Manager would be somewhere between 301,948 ETB and 398,022 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Mutual Fund Manager in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 274,498 ETB
Estimated Monthly Salary: 22,875 ETB
Estimated Weekly Salary: 5,279 ETB per week
Estimated Hourly Salary: 132 ETB per hour
By working as Mutual Fund Manager a person can save up to 303 USD per month or 3,638 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Mutual Fund Manager
Sudan is 1,806 USD
Kenya is 14,292 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Database analyst (105,994 ETB per year, pre-tax.)
Radio promotions assistant (50,526 ETB per year, pre-tax.)
Front desk receptionist medical office (53,649 ETB per year, pre-tax.)
Faller (155,700 ETB per year, pre-tax.)
Furnace operator (69,432 ETB per year, pre-tax.)
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