RT BRISCOE LAUNCHES RECAPITALIZATION FUND
1. Introduction of the Fund:
- RT Briscoe Nigeria Plc has launched the "R.T. Briscoe Savings and Investment Fund," a pioneering initiative that allows investors to save and invest in the company over time.
- The fund is approved by the Securities and Exchange Commission (SEC), marking a significant step in providing innovative investment opportunities.
2. Fund Structure and Objectives:
- The fund is an open-ended money market fund aimed at offering investors a steady income while saving towards investment in RT Briscoe.
- It focuses on capital preservation and aims to provide a reliable return through investments in high-quality money market instruments.
3. Accessibility:
- Investors can participate with a minimum investment of N10,000 (10 units at N1,000 per unit).
- The fund is designed to be accessible, enabling individuals to invest gradually rather than requiring a large one-time capital.
4. Management and Oversight:
- The fund is managed by DLM Asset Management Limited, recognized as the best Asset Management company at the African Industrial and Development Conference and Awards.
- First City Monument Bank Limited acts as the custodian, while UTL Trust Management Services serves as the trustee, ensuring security and transparency.
5. Investment Options and Benefits:
- The fund offers liquidity, allowing investors to access their investments easily.
- Investors have the option to convert their holdings into equity ownership in RT Briscoe Nigeria Plc.
6. Statements from Executives:
- Seyi Onajide, Group Managing Director of RT Briscoe, emphasized the fund's role in making investment opportunities more accessible and supporting the company's growth across various sectors.
- Ugonnaya Osi, MD of DLM Asset Management, highlighted the commitment to maximizing returns and ensuring expert management of the fund.
7. Subscription Details:
- Interested investors can subscribe by filling out a form, completing Know Your Customer (KYC) requirements, and making regular payments towards their investment goal.
- For more information, individuals can visit [https://dlm.group/rtbfund/](https://dlm.group/rtbfund/).
1. Introduction of the Fund:
- RT Briscoe Nigeria Plc has launched the "R.T. Briscoe Savings and Investment Fund," a pioneering initiative that allows investors to save and invest in the company over time.
- The fund is approved by the Securities and Exchange Commission (SEC), marking a significant step in providing innovative investment opportunities.
2. Fund Structure and Objectives:
- The fund is an open-ended money market fund aimed at offering investors a steady income while saving towards investment in RT Briscoe.
- It focuses on capital preservation and aims to provide a reliable return through investments in high-quality money market instruments.
3. Accessibility:
- Investors can participate with a minimum investment of N10,000 (10 units at N1,000 per unit).
- The fund is designed to be accessible, enabling individuals to invest gradually rather than requiring a large one-time capital.
4. Management and Oversight:
- The fund is managed by DLM Asset Management Limited, recognized as the best Asset Management company at the African Industrial and Development Conference and Awards.
- First City Monument Bank Limited acts as the custodian, while UTL Trust Management Services serves as the trustee, ensuring security and transparency.
5. Investment Options and Benefits:
- The fund offers liquidity, allowing investors to access their investments easily.
- Investors have the option to convert their holdings into equity ownership in RT Briscoe Nigeria Plc.
6. Statements from Executives:
- Seyi Onajide, Group Managing Director of RT Briscoe, emphasized the fund's role in making investment opportunities more accessible and supporting the company's growth across various sectors.
- Ugonnaya Osi, MD of DLM Asset Management, highlighted the commitment to maximizing returns and ensuring expert management of the fund.
7. Subscription Details:
- Interested investors can subscribe by filling out a form, completing Know Your Customer (KYC) requirements, and making regular payments towards their investment goal.
- For more information, individuals can visit [https://dlm.group/rtbfund/](https://dlm.group/rtbfund/).