Stanbic IBTC Nigerian Equity Fund

Tags
Equity Based Funds

Service Provider: Stanbic IBTC Asset Mgt Limited

Manager
Manager

Stanbic IBTC Asset Mgt Limited

Minimum Amount
Minimum Amount

₦5,000.00

Unit Price
Unit Price

₦7,145.68

Status
Status

Open

Last Updated
Last Updated

December 07, 2020

About Provider

Stanbic IBTC is a financial institution that offers banking and financial services to individuals, businesses, institutions and corporations in Nigeria and abroad.

Product Analysis

Performance
Vendor Rating
3.0 Rating
Performance
Offer Rating
3.0 Rating
Performance
Risk Analysis
Medium

About this Product

The Stanbic IBTC Nigerian Equity Fund aims to achieve long term capital appreciation by investing a minimum of 70% of the portfolio in listed equities and a maximum of 30% in high quality fixed income securities.

FEATURES

  • The Fund invests a minimum of 70% of its portfolio in equity securities quoted on the Nigerian Stock Exchange (NSE) and a maximum of 30% in high quality fixed income securities

  • 91 days minimum holding period

  • The penalty for redeeming within the minimum holding period is 20% on the accrued income

  • The minimum investment amount is N5,000.00

  • It is an open-ended fund

  • The risk profile of the Fund is “ Moderately Aggressive”

  • The expense ratio is 3.5%

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