FBN Nigeria Eurobond USD Fund (Institutions)

Tags
Bond Funds

Service Provider: FBN Capital Asset Mgt

Manager
Manager

FBN Capital Asset Mgt

Minimum Amount
Minimum Amount

$100,000.00

Unit Price
Unit Price

$42,247.68

Duration
Minimum Duration

180 days

Status
Status

Open

Last Updated
Last Updated

December 07, 2020

About Provider

First Bank of Nigeria Limited, is a Nigerian multinational bank and financial services company headquartered in Lagos Nigeria. It is the premier bank in West Africa with its impact woven into the fabric of society.

Product Analysis

Performance
Vendor Rating
3.0 Rating
Performance
Offer Rating
3.0 Rating
Performance
Risk Analysis
Low

About this Product

The FBN Nigeria Eurobond (USD) Fund provides income and capital appreciation by investing in US dollar denominated debt instruments issued by the Nigerian government and reputable corporate institutions. The Fund is Nigeria’s first US dollar denominated mutual fund which allows you to earn an income in dollars.

FEATURES

  • Minimum starting investment of $2,500 (individuals) or $100,000 (institutions)

  • Smart alternative to investment growth - Higher interest rates than a normal US dollar domiciliary bank account

Compare with similar products

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