At a Glance
Fund Objective Low Risk
The primary objective of the Fund is capital preservation and liquidity.
Fund Type
Open-Ended
Inception Date
December 13, 2022
Risk
Medium
Horizon
Medium – Long Term
Fund Manager
Tosin Osunkoya
Uduak Jacob
Bid Price
10.035
As of 26/03/2023
1 Day Price Change
N0.001 ▲
As of 26/03/2023
YTD Performance
0.350% ▲
As of 26/03/2023
Benchmark 
1.43% ▲
As of 26/03/2023
Overview
The Fund invests in sovereign bonds issued by the Nigerian Federal Government, State government bonds and other fixed income securities ... with the primary objective of income generation.
Asset Allocation Range
- FGN, State and Corporate Bonds ( 70% -100%)
- Treasury Bills/Other Money Market Instruments ( 0% – 30%)
- Placements, REPO Agreements (0% – 30%)
- Cash (0% – 5%)
Target Investors
- Retail and Institutional investors
- Moderate risk appetite
- Medium to long term horizon
- Low liquidity needs
Management Fee
- 1.5% Pa of NAV Per annum
Early Exit Penalty
- 20% of income earned in the period
Historical Price Change
Know Your Fund