What is the minimum amount required to invest in each fund?

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.