What is the minimum amount required to invest in each fund?
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What is the minimum holding period for the Balanced Fund (ABF)?
The minimum holding period is 90 days, after which redemptions can be made without penalty.
What documents are required to invest?
Valid means of identification (NIN, International Passport, Driver’s License, or Voter’s Card) Proof of address (utility bill or bank statement not older than 3 months) BVN and a passport photograph
What is a mutual fund?
A mutual fund pools money from multiple investors and invests it in a diversified portfolio of securities such as treasury bills, bonds, and equities. Professional fund managers handle all investment decisions and monitoring.
Who should invest in these funds?
AIICO Money Market Fund: Ideal for conservative investors seeking low risk and daily liquidity AIICO Balanced Fund: Suitable for moderate investors focused on medium- to long-term growth AIICO Eurobond Fund: Designed for investors seeking USD ...
What is the AIICO Eurobond Fund (AEF)?
The AIICO Eurobond Fund is a dollar-denominated mutual fund that invests in Eurobonds issued by the Nigerian government and reputable corporates. It provides foreign currency exposure, capital preservation, and steady income in USD.