At a Glance
Fund Objective Low Risk
The primary objective of the Fund is to generate competitive returns for short-term investors who value liquidity and capital preservation.
Fund Type
Open-Ended
Inception Date
May 22, 2023
Risk
Low
Horizon
Short Term
Fund Manager
Kenneth Brai
Opeyemi Babalola
Uduak Jacob
As of 20/06/2025
Bid Price
1.00
YTD Performace
20.00%
Overview
The Fund invests in treasury bills issued by the Nigerian Government, Bank Placements, Commercial ... Papers and other money market instruments.
Asset Allocation Range
- Treasury Bills and other securities issued by the CBN ( 25% -100%)
- Placements (0% – 75%)
- Other Money Market Instruments (0% -75%)
- Cash (0% – 5%)
Target Investors
- Retail and Institutional investors
- Low risk appetite
- Short term horizon
- High liquidity needs
Management Fee
- 1.25% of NAV Per annum
Early Exit Penalty
- 20% of income earned in the period
30-Day Average Yield
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