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United Capital launches naira-denominated fund for high-value investors

United Capital Asset Administration, a subsidiary of United Capital Plc, has launched the United Capital Secure Earnings Fund, a naira-denominated mutual fund designed to supply steady, low-risk returns to worth traders throughout occasions of market volatility.

In a press release made obtainable to The RexGists, the brand new fund targets certified institutional traders and excessive web value people and provides a minimal investable quantity of N50,000,000.

The Fund goals to supply capital preservation and return by means of a portfolio of cash market and stuck earnings securities, together with authorities and company bonds.

The corporate mentioned the brand new fund underscores the corporate’s dedication to offering modern and dependable monetary options for traders.

United Capital Asset Administration Chief Government Officer Odiri Oginni emphasised the strategic significance of the brand new fund, stating: “We’re happy to introduce the United Capital Secure Earnings Fund to the investing public.”

He mentioned the fund was launched in response to the rising market demand for low-risk investments that provide stability and constant returns, particularly at a time when the market is presently risky.

The corporate mentioned it provided a portfolio geared toward delivering aggressive returns, liquidity and security, with a minimal subscription of 500,000 items and multiples of 100,000 items thereafter.

“With a minimal funding quantity of N50 million and a minimal subscription of 500,000 items and multiples of 100,000 items thereafter, the fund targets certified institutional traders and excessive web value people as outlined by the principles of the Securities and Alternate Fee,” the report mentioned.

In accordance with the funding firm, the Secure Earnings Fund provides traders not solely capital preservation but additionally annual dividends, making the fund extra enticing to traders in search of regular development.

It was said that the fund can be professionally managed by main portfolio managers who apply modern methods and in-depth market analysis to optimise efficiency.

The corporate mentioned it had consolidated its place as a market chief, managing over N900 billion in property.

“Moreover, the Firm’s constant monitor file consists of latest dividend funds of $8,339,100 to dollar-denominated mutual fund holders and N6.15 billion to naira-denominated mutual fund holders.

“Current statistics place the corporate because the second largest Collective Funding Schemes Fund Supervisor and an asset supervisor, with over N900 billion in property below administration. The corporate just lately paid dividends of $8,339,100 to unitholders of its dollar-denominated mutual funds and N6,149,550,000 to unitholders of its naira-denominated mutual funds,” the corporate defined.

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