Investment
FIL Naira Income Fund (FNIF)
The FIL Naira Income Fund (NIF) is designed to provide investors with a balance of capital protection, stable income, and growth potential through a diversified investment strategy focused on money market and fixed income securities.
Objectives
- Capital Protection: Prioritizing the safeguarding of the principal amount invested.
- Stable Income: Generating consistent income through various fixed income instruments.
- Growth: Seeking capital appreciation while maintaining a conservative approach.
- Competitive Returns: Aiming for returns that exceed inflation and provide value to investors.
Investment
Key Features
Minimum Investment
The minimum investment required to participate in this scheme is ₦100,000
Lock-Up Period
There is a minimum lock-up period of 180 days. Clients wishing to withdraw their investments before this period will incur a penal charge of 2% of the invested amount
Diversified Portfolio
The fund invests in a range of securities, including: Treasury Bills, Fixed Deposits, Commercial Papers, Corporate Bonds, Government Bonds
Fund Management Fee
The management fee for the fund is set at 1.5% of Assets Under Management (AUM) per annum
Benefits
We offer great benefits for investing with us
The fund's investment in a variety of fixed income securities helps to spread risk and reduce volatility
Investors can expect regular income from the interest earned on the fund's investments
The fund is managed by experienced professionals who continuously monitor market conditions to optimize returns
While there is a lock-up period, investors can still benefit from potential growth in their investments over time
