Introduced in 2007, this Fund is designed to protect your principal investment and still give you long-term growth. The principal amount invested is guaranteed against diminution in value provided the investment is held for a minimum of three months.
The Fund’s objectives are achieved by investing a minimum of 75% of the portfolio in fixed income securities including Federal Government Bonds, Money Market Securities and other approved by Nigeria’s Securities & Exchange Commission; and a maximum of 25% in equities of blue chip companies listed on The Nigerian Stock Exchange.
The Stanbic IBTC Guaranteed Investment Fund was launched in 2007 at a nominal value of N100.00 per unit. Although the primary objective of The Fund is to achieve long-term capital appreciation of its assets, the principal amount invested is also guaranteed against diminution in value provided the investment is held for a minimum of three months.
Like the other mutual funds under management, subscriptions are processed at the prevailing offer price on the relevant day and the fund is re-valued at the end of each working day to reflect any changes in the price of the underlying assets. This means that the value of investment held may change from day to day.
Summary
The first Guaranteed Investment fund of its kind in the history of the Nigerian capital market.
Initial investment guaranteed after 3 months
Invests at least 75% of its assets in quality fixed income securities, while retaining a maximum of 25% in selected equities of Nigerian quoted companies.
The minimum application :N50,000 and subsequent investments of N20,000.00.
Subsequent investments can be made via Direct Debit.
Quoted in 2007
Initial Price: N100.00 (Nominal Value)
How to Invest in The Stanbic IBTC Guaranteed Investment Fund
Fill in a Subscription Form and issue a cheque or draft for the cost of Units applied for.
Subscription Forms can also be obtained from Stanbic IBTC regional offices, banks and authorised stockbrokers nationwide listed in the Prospectus.
Please make the draft payable to our location to which your application is being forwarded.
Send the cheque and completed Subscription Form and other documents to any of our offices in Lagos, Abuja, or Port-Harcourt, or any branch of Stanbic IBTC Bank Plc.
Within 5 days, we will send you an email confirming purchase of units and telling you how to log in to your account.
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