UNITED CAPITAL LAUNCHES NAIRA-DENOMINATED FUND FOR HIGH-VALUE INVESTORS
United Capital Asset Management, a subsidiary of United Capital Plc, has introduced the United Capital Stable Income Fund, a naira-denominated mutual fund aimed at high-value investors seeking low-risk, stable returns amidst market volatility.
Key Details:
- Launch Date: Announced on July 11, 2024.
- Target Investors: Qualified institutional investors and high-net-worth individuals.
- Minimum Investment: N50,000,000.
- Investment Focus: Portfolio of money market and fixed-income securities, including government and corporate bonds, to ensure capital preservation and returns.
- Subscription Requirements: Minimum of 500,000 units, with additional multiples of 100,000 units.
Strategic Importance:
- CEO Statement: Odiri Oginni highlighted the fund’s creation in response to market demand for low-risk, stable investment options.
- Fund Attributes: Aims to provide competitive yield, liquidity, and safety, managed by top-tier portfolio managers.
Company Performance:
- Asset Management: United Capital manages over N900 billion in assets.
- Dividend Payouts: Recently disbursed $8,339,100 to dollar-denominated fund unitholders and N6.15 billion to naira-denominated fund unitholders.
- Market Position: Ranked as the second-largest Collective Investment Schemes Fund Manager in Nigeria.
This new fund underscores United Capital's commitment to delivering innovative financial solutions tailored to investor needs.
United Capital Asset Management, a subsidiary of United Capital Plc, has introduced the United Capital Stable Income Fund, a naira-denominated mutual fund aimed at high-value investors seeking low-risk, stable returns amidst market volatility.
Key Details:
- Launch Date: Announced on July 11, 2024.
- Target Investors: Qualified institutional investors and high-net-worth individuals.
- Minimum Investment: N50,000,000.
- Investment Focus: Portfolio of money market and fixed-income securities, including government and corporate bonds, to ensure capital preservation and returns.
- Subscription Requirements: Minimum of 500,000 units, with additional multiples of 100,000 units.
Strategic Importance:
- CEO Statement: Odiri Oginni highlighted the fund’s creation in response to market demand for low-risk, stable investment options.
- Fund Attributes: Aims to provide competitive yield, liquidity, and safety, managed by top-tier portfolio managers.
Company Performance:
- Asset Management: United Capital manages over N900 billion in assets.
- Dividend Payouts: Recently disbursed $8,339,100 to dollar-denominated fund unitholders and N6.15 billion to naira-denominated fund unitholders.
- Market Position: Ranked as the second-largest Collective Investment Schemes Fund Manager in Nigeria.
This new fund underscores United Capital's commitment to delivering innovative financial solutions tailored to investor needs.