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Mutual Funds

DOWNLOAD --- The 2ND quarter of 2010 Mutual Fund Report
Nigerian Equity Fund	SINEF 2ND quarter of 2010 report .pdf
Ethical Fund	SIEF 2ND quarter of 2010 report .pdf
Guaranteed Investment Fund	SIGIF 2ND quarter of 2010 report .pdf
Money Market Fund	SIMM 2ND quarter of 2010 report .pdf
Bond Fund	SIBOND 2ND quarter of 2010 report .pdf

Introduction

Mutual Funds are Financial instrument that allows a group of investors to pool their monies with a predetermined investment objective. The mutual fund has a fund manager who is responsible for investing the pooled money into specific securities (usually stocks or bonds).

Mututal Funds invest in a variety of stocks, bonds, short-term money market instruments or other securities in line with the objective of the fund. Stanbic IBTC Asset Management Limited offers you the choice of either conservative or aggressive mututal funds depending on the level of risk you are willing to take, bearing in mind the level of risk you take and potential returns are directly related.

Stanbic IBTC Asset Management Limited currently manages five (5) open ended Mutual Funds regulated by the Securities & Exchange Commission ("SEC") namely: Conservative (Fixed-Income Mutual Funds)

Aggressive (Equity-Based Mutual Funds)

Benefits of Stanbic IBTC Mutual Funds

Full time professional management by Fund Manager
Ideal for clients that do not have the time to follow the capital market daily
Diversified Portfolio i.e. combines your investment options
Direct Debit feature available
Excellent avenue for children (through their parents) to have investments
Liquidity & Easy Exit
Can be used as collateral for loans from most banks
New investors can join easily
Online access to investment

Features of the Mutual Funds Find out which funds are best for you by comparing the features of the funds. If you are risk averse, you may prefer a fund with more weighting in fixed income instead of equities

Aggressive Mutual Funds

Features	Stanbic IBTC Nigerian Equity Fund	Stanbic IBTC Ethical Fund
Asset Allocation	Equities - Min 75% Fixed Income - Max 25%	Equities - Min 75% Fixed Income - Max 25%
Restricted Investments	None	Breweries & Tobacco
Guarantee	None	None
Redemption	5 working days	5 working days
Nominal Value	N1,000.00	N1.00
Minimum Investment	N50,000.00	N50,000.00
Additional/Subsequent Investment	N20,000.00 minimum	N20,000.00 minimum
Handling Charge	2% if investments are redeemed within the first three (3) months	1% if investments are redeemed within the first three (3) months

Conservative Mutual Fund

Features	Stanbic IBTC Guaranteed Investment Fund	Stanbic IBTC Money Market Fund	Stanbic IBTC Bond Fund
Asset Allocation	Fixed Income - Min 75% Equities - Max 25%	100% Fixed Income	65% -Bonds 35% -Fixed Income Securities
Restricted Investments	None	None	None
Guarantee	Principal guaranteed (after 3 months)	No	No
Redemption	5 working days	5 working days	5 working days
Nominal Value	N100.00	N100.00	N100.00
Minimum Investment	N50,000.00	N50,000.00	N100,000.00
Additional/Subsequent Investment	N20,000.00 minimum	N50,000.00	N100,000.00
Handling Charge	No handling	0.5% ( if redemption is made within the first 30 days)	1% ( if redemption is made within the first 91 days)

FOR USD PAYMENTS.

FOR GBP PAYMENTS.

FOR RAND PAYMENTS.

CORRESPONDENT BANK:

BANKERS TRUST COMPANY

AMERICAS

NEW YORK NY

SWIFT CODE: BKTRUS33

ABA 021001033

STANDARD CHARTERED BANK

LONDON

SWIFT CODE: SCBLGB2LXXX

STANDARD BANK OF SOUTH AFRICA

5 SIMMOND STREET,

JOHANNESBURG SOUTH AFRICA

SWIFT CODE: SBZAZAJJXXX

TO:

STANBIC IBTC BANK PLC

ACCOUNT NO: 04433866

SWIFT CODE: SBICNGLX

STANBIC IBTC BANK PLC

ACCOUNT NO: 01254143201 GBP1

OR 01254143296 (For Euro payments)

SWIFT CODE: SBICNGLX

STANBIC IBTC BANK PLC

ACCOUNT NO: 7113545

SWIFT CODE: SBICNGLX

FOR FINAL CREDIT TO:

(BENEFICIARY)

STANBIC IBTC NIGERIAN EQUITY FUND

ACCOUNT NUMBER - 0049200401

OR (BENEFICIARY)

STANBIC IBTC ETHICAL FUND

ACCOUNT NUMBER - 0250000401

OR (BENEFICIARY)

STANBIC IBTC GUARANTEED INVESTMENT FUND

ACCOUNT NUMBER - 7300120272

OR (BENEFICIARY)

STANBIC IBTC MONEY MARKET FUND

ACCOUNT NUMBER - 7300262406

OR (BENEFICIARY)

STANBIC IBTC BOND FUND

ACCOUNT NUMBER - 730262402

(BENEFICIARY)

STANBIC IBTC NIGERIAN EQUITY FUND

ACCOUNT NUMBER - 0049200401

OR (BENEFICIARY)

STANBIC IBTC ETHICAL FUND

ACCOUNT NUMBER - 0250000401

OR (BENEFICIARY)

STANBIC IBTC GUARANTEED INVESTMENT FUND

ACCOUNT NUMBER - 7300120272

OR (BENEFICIARY)

STANBIC IBTC MONEY MARKET FUND

ACCOUNT NUMBER - 7300262406

OR (BENEFICIARY)

STANBIC IBTC BOND FUND

ACCOUNT NUMBER - 7300262402

(BENEFICIARY)

STANBIC IBTC NIGERIAN EQUITY FUND

ACCOUNT NUMBER - 0049200401

OR (BENEFICIARY)

STANBIC IBTC ETHICAL FUND

ACCOUNT NUMBER - 0250000401

OR (BENEFICIARY)

STANBIC IBTC GUARANTEED INVESTMENT FUND

ACCOUNT NUMBER - 7300120272

OR (BENEFICIARY)

STANBIC IBTC MONEY MARKET FUND

ACCOUNT NUMBER - 7300262406

OR (BENEFICIARY)

STANBIC IBTC BOND FUND

ACCOUNT NUMBER - 7300262402

7 Year Mutual Fund Performance History

Mutual Fund	2003 (%)	2004 (%)	2005 (%)	2006 (%)	2007 (%)	2008 (%)	2009 (%)	2010 Q1(%)	2010 Q2(%)
All Share Index	65.84	18.46	18.46	32.8	74.73	-45.77	-33.78	24.67	-2.24
Stanbic IBTC Nigerian Equity Fund	93.79	20.61	15.12	42.6	60.98	-38.28	-13.95	22.2	1.92
Stanbic IBTC Ethical Fund	n/a	n/a	n/a	38.71	71.32	-44.34	-20.33	20.41	0.87
Stanbic IBTC Guaranteed Investment Fund	n/a	n/a	n/a	n/a	n/a	3.88	16.55	4.20	0.52
Stanbic IBTC Bond Fund	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	1.22

Latest Market News

Market View is constructive as bull case strengthens

During the week, the merger scheme between Benue Cement Company plc (BCC) and Dangote Cement plc (DCP, formerly Obajana Cement) was published. The document states that DCP will be offering minority shareholders in BCC one of its ordinary shares for two of BCC’s ordinary shares and that DCP’s shares will be listed and traded on the NSE from 5 November 2010. The market has reacted positively – BCC’s stock climbed 4% last week. We expect this sentiment to continue this week, although gains could be limited to NGN67.50 (4% upside) – BCC’s reference price for this transaction.... Full Story.

Customer Care Line
+234.1. 2801266
assetmanagement@stanbicibtc.com

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The products and services on this website are offered by Stanbic IBTC Asset Management Limited (SIAML), a wholly owned subsidiary of Stanbic IBTC Plc (Stanbic IBTC) only in jurisdictions where and when they may lawfully be offered and the material on these pages is not intended for use by persons located in or resident in jurisdictions which restrict the use of the services or products we offer. Persons accessing these pages are required to inform themselves about and observe any relevant restrictions. 

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Any investment made by you through the use of this website is based on your guarantee that you are an individual who is able to bear the economic risk of investment. 

Please remember that past performance is not necessarily a guide to future performance. The value of units and shares and the income from them can go down as well as up and investors may not get back the amount originally invested. Exchange rate changes may cause the value of investments made by offshore investors to rise or fall. For further details on any of the funds or products mentioned, please read the relevant offering document or prospectus. 

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SIAML or Stanbic IBTC Bank may in its sole discretion terminate, suspend and modify this Web site and/or your use of this Web site, with or without notice to you. You agree that neither SIAML nor Stanbic IBTC Bank will not be liable to you in the event that it chooses to suspend, modify or terminate this Web site or your use of this Web site. Stanbic IBTC Bank and/or a connected company may have a position in any of the investments mentioned in this document. Stanbic IBTC Asset Management is authorized and regulated by Securities & Exchange Commission to conduct investment business in Nigeria. By clicking on the I AGREE button you shall be deemed to have accepted and agreed to be bound by the terms of this Important Legal Notice.

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If you choose to complete any of our on-line forms the personal information you provide will be used by Stanbic IBTC Bank to enable us answer your queries and to provide you with information about the products that are of interest to you. It may also be used to monitor the progress of your enquiry within Stanbic IBTC Bank and to register any subsequent sale of any of our products about which you have enquired. We may also use such information to update our website for you and to keep you informed of further product information and site developments if you have indicated any such preference. 

If you complete a retail product application form, Stanbic IBTC Bank will use the personal information you have given by completing this form to set up and administer your investment including purchasing shares in your selected fund(s) and providing valuations and making payments. If you have appointed a financial adviser to act on your behalf, we will make details of the investment available to him and also send copies of correspondence to him where appropriate to enable him give you advice. The personal information you provide to us will be kept confidential. We will not sell or transfer the personal information that you provide us to third parties for the purposes of marketing products or services to you. Agents and contractors of ours who are given access to the personal information that you provide us will be required to keep this information confidential and not to use it for any purpose other than to carry out the services they are providing for us. 

We have requested for your e-mail address. In the future, we may ask you for certain additional information. The purpose of these requests is to enable us to communicate with you and to support your relationship with us. 

Your personal data shall not be used or disclosed in any manner incompatible with the purposes for which they are held save that, circumstances may arise when we are required to disclose your personal information to third parties for purposes other than to support your customer relationship with us such as in a corporate divestiture or dissolution where we sell all or a portion of our business or assets (including our associated customer lists containing your personal information), or if disclosure is required by law or is pertinent to judicial or governmental investigations or proceedings. 

Your personal data shall be protected by reasonable security measures against unauthorized access, alteration, disclosure, destruction or loss.