Mutual Funds
We offer a range of pooled investment products for both individual and institutional investors regardless of their income, risk appetite and investment goal. They are suitable for investors who want to make disciplined regular investments towards future financial goals. You can either invest a lump sum or save on a regular basis. Our mutual funds are regulated by the Securities and Exchange Commission (SEC) of Nigeria.
Our goal is to understand your needs and match your objectives to our mutual funds.
The CardinalStone Fixed Income Alpha Fund is an authorized open-end collective investment scheme registered with the Securities and Exchange Commission. The Fund will be governed by a Trust Deed. As an open-ended fund, units of the Fund will be continuously issued to investors and the units held by investors will be redeemable through the Fund Manager, CardinalStone Asset Management Limited.
The objective of the Fund is to provide investors with steady return on capital, liquidity and capital preservation by investing in a diversified portfolio of high-quality short-term money market instruments and long-term fixed income instruments which will include Sovereign Treasury Bills, Fixed deposits, Certificate of deposits, Commercial papers, Collateralized repurchase agreements, Banker’s acceptances, Corporate Bonds, State Bonds, Sovereign Bonds and any other instrument approved by the SEC.
Fund Features
| Fund Values as at 2023-Mar-17 | |
Effective Yield | Unit Price | |
8.71% | NGN 1.0215 | |
Fund Benefits
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Target Subscribers | Retail Investors who require a safe, stable, liquid and reliable investment alternative to bank deposits and access to higher-yielding capital protected instrument. High-Net Worth Individuals who are keen on a credible cash management vehicle into which idle cash balances or cash required for future needs can be deposited. Institutional Investors such as corporates, partnerships, non-profit organizations, governmental agencies, and financial institutions, who seek to diversify their cash equivalents holdings. |
Fund Trustees | Leadway Capital & Trusts Ltd |
Fund Custodian | Zenith Bank Plc |
Fund Registrar | CardinalStone Registrars Limited |
For more information, please click to download the Product Paper, Prospectus and FAQ.