Select Language ▼ 7UP 147.73 ABBEYBDS 1.3 ABC UBA Balanced Fund - Offer 1.2492 Bid Description The Fixed Income Note (FIN) is a privately managed investment portfolio targeted at investors with low risk appetite who desire capital preservation and attractive return on investment. The product offers investors a combination of income and capital growth over the short, medium to long term. The assets of the portfolio are invested in eligible fixed income securities and have the potential of generating significant spread income for UBA Asset Management Limited. The Key Benefits: Reduced Risk: UBA Asset Management Limited invests the funds amongst a wide range of eligible securities, banks and financial institutions. Risk Management: The counterparties are chosen for their financial strength by using UBA Capital Group’s risk parameters. Low Administration: The funds are managed as a pool to derive economies of scale. Target Market High Net-worth individuals Foundations Trust funds Government Agencies and Parastatals Pension Funds Administrators Multilateral Institutions Insurance companies Co-operative Societies Other institutional investors Foreign Portfolio investors Non-Resident Nigerians Features Minimum investment of N100,000.00 Guaranteed rate of return on investment 30-365 days investment tenure Option to redeem at a minimal cost before maturity Rollover at maturity permitted Low risk Negotiable interest rate Additional investment before maturity permitted Investment Certificate detailing terms of investment Benefits Professional expertise of Fund Manager is made available to investors Attractive return on investment Safety of investment Liquidity – investors can redeem all or part of their investment before maturity Flexibility - investors can make additional investment at any time Limits The minimum amount required to subscribe to the product is N100,000.00 and additional fund could be added to subsisting investment at the discretion of the Tenor Investments by clients are for agreed tenors ranging from 30-365 days. Principal Terms & Conditions Customers are required to sign the Account Opening Form and complete the KYC Form. A minimum of N100,000.00 is required to open an account Investments are made for a fixed rate of interest and tenor, subject to rollover Investors are issued Investment Certificate on confirmation of receipt of fund Pre-liquidation of investment attracts a penal charge of 20% of earned income. Documentation Requirements Account Opening Form KYC documentation Investment Certificate
Posted on: Wed, 01 Oct 2014 21:17:32 +0000
Trending Topics
Recently Viewed Topics
© 2015