Products
Money Market Fund
The FSL Money Market Fund is an investment product that allows you to invest and get quarterly dividends. It offers easy entry and exit, and redemption within 48 hours. The primary objective of the Fund is to provide investors with regular flow of income and capital preservation. The Fund allows you to invest in high quality money market instruments like Treasury Bills and Certificates, Commercial Papers and Bank Placements. The Fund is appropriate for corporate and individual investors as a means to enjoy good returns on their funds.
Benefits and features of the FSL Money Market Fund:
- Start with a minimum of just N10,000 and multiples of N10,000 thereafter.
- Low risk and competitive return
- Quarterly dividends
- Professional expertise of Fund Manager
- High liquidity
- Minimum holding period of 90 days
- Free entry and exit
- Opportunity to invest on behalf of minors
- Online access to your portfolio
- High governance and transparency via separate Accounting/Auditing of each Fund
FSL Eurobond Fund
The FSL Eurobond Fund is a dollar-denominated mutual fund invested in Eurobonds issued by the Federal Government of Nigeria and other qualifying Eurobonds registered by the Securities and Exchange Commission of Nigeria.
Benefits and features of Euro Bond Fund:
- Significantly higher returns than domiciliary bank accounts
- The product is for investors who have, and want to maintain, US dollar exposure without negative exchange rate fluctuations.
- Open - ended funds; they are open for new and additional investment
- Minimum holding period of 90 days
- Minimum Subscription: US$5,000
- Professional expertise of Fund Manager
- Competitive returns on US dollar investments
- Dividends to unit holders in the Fund can be collected as cash or re-invested into the Fund, further enhancing the growth of the investment.
Dividends are net of withholding tax to the unit holders
