Vantage Equity Income Funds
- Tags
- Equity Based Funds
Service Provider: Investment One Funds Management Ltd
Investment One Funds Management Ltd
₦50,000.00
₦0.88
30 days
Open
December 07, 2020
About Provider
Product Analysis
About this Product
Vantage Equity Income Fund is a registered open-ended Unit Trust Scheme in Nigeria. It has the objective of providing regular income and long term capital appreciation from investments in dividend paying and high quality equity instruments quoted on The NSE, where the issuers have an investment grade rating from a credit rating agency registered by SEC and fixed income securities approved by SEC.
FEATURES
Domiciliary: Nigeria
Currency: NG Naira
Objective: Dividend Income, Growth Stock
Financial Year End: June - Minimum Initial Investment: N50,000Subsequent Multiples: N10,000
Management Fee: 1.5% of Net Asset Value (NAV)
Incentive Fee: 30% of Excess Return above 10%
Risk Tolerance: High
Permissible Asset Class: Fixed Income (5% - 30%), Equities (70% - 95%), Cash (0% - 5%)
Composite Benchmark: Equities (ASI) – 70%, Fixed Income (WATBR)
30% - Fund Price (30-Jun-20) Bid: 0.8890, Offer: 0.9204
Custodian: Citibank Nigeria Ltd
Trustee: FBNQuest Trust
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