| Fund Objective |
The objective of the Fund is to efficiently generate and
maximise income in Dollar terms whilst providing
liquidity,
diversification and competitive returns within an
acceptable level of investment risk in the medium to
long term through
investments in US dollar-denominated fixed income
assets.
|
| Target Investors |
The Fund is targeted at Retail investors, High-Net-Worth
Individuals (HNIs), Africans in the diaspora, and
institutional
investors (both local and foreign), who desire exposure
to dollar-denominated fixed income securities to meet
future
obligations and diversify their portfolios. The Fund is
particularly suitable for investors who seek:
- Medium-risk investments with a regular income
flow;
- A medium-term investment horizon;
- To reduce concentration risk by diversifying
their investments across securities and
currencies
- Liquidity.
|
| Fund Manager |
Vetiva Fund Managers Limited |
| Fund Manager’s IM Rating |
A (IM) |
| Trustees |
STL Trustees Limited |
| Custodian |
UBA GIS |
| Registrar |
First Registrars and Investor Services
Ltd. |
| Pricing |
NGN 1.00 per Unit |
| Subscription Method |
Units can be purchased from the Fund Manager by
completing a Subscription Form and submitting to
vufi@vetiva.com or by
subscribing online (click here ). For clients with an
existing Vetiva Money Market Fund Account with the Fund
Manager,
please click here to update your account to enable us
capture necessary details pertaining to the USD Fund for
our
records.
All completed forms should be submitted alongside other
subscription documents The evidence of fund transfer
made into
the fund’s account detailed below should also accompany
the document submission:
| Bank |
United Bank for Africa Plc
|
| Account Name |
UBA NOM – STL
TRUSTEES/VETIVA USD FIXED INCOME FUND
|
| Account No |
3004690402 |
|
| Currency |
USD |
| Minimum Subscription |
USD 500 |
| Minimum Holding Period |
180 days |
| Distribution Frequency |
Annual Distributions |
