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.
Currency: NG Naira
Objective: Dividend Income, Growth Stock
Financial Year End: June - Minimum Initial Investment: N50,000
Subsequent 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
This site is operated by Evesting Technologies Limited, a company duly registered under the extant law regulating business and non-business organizations in Nigeria, with registered company number-1668377 and owned by Evesting Inc.
The financial products offered on this platform are aggregated from esteemed financial service providers and are specially curated to ensure unhindered access to financial services while stirring up the consciousness of building a firm financial foundation to support one’s goals.
Our aim is to create an immersive environment that offers a sense of financial security and independence, as the product offerings of our financial service providers which are funneled through our platform, cater to the banked and unbanked.