Manager
Manager

Stanbic IBTC Asset Mgt Limited

Minimum Amount
Minimum Amount

₦5,000.00

Unit Price
Unit Price

₦216.12

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 Bond Fund aims to achieve competitive returns on investments with moderate risk by investing a minimum of 70% of its portfolio in high quality bonds, while a maximum of 30% of its assets are invested in quality money market instruments including treasury bills.

FEATURES

  • Stanbic IBTC Bond Fund (SIBOND) was launched in February 2010

  • The Fund invests a minimum of 70% of its portfolio in high-quality bonds and a maximum of 30% in high-quality money market instruments

  • 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 is “Moderately Conservative”

  • The expense ratio is 1.5%

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