Vantage Equity Income Fund

Vantage Equity Income Fund is a registered open-ended Unit Trust Scheme in Nigeria. It has the objective of providing regular income and long term capital appreciation from investments in dividend paying and high quality equity instruments quoted on The NSE, where the issuers have an investment grade rating from a credit rating agency registered by SEC and fixed income securities approved by SEC.
 
VEIF Factsheet Q1 2020 (866 downloads)

 

Fund Fact
Minimum Investment: N10,000 Additional investments in multiples of N50,000
Fund Objective: Dividend Income Growth Stock
Financial Year End: June
Fund Category: Mutual Fund
Fund Manager: Investment One Funds Management Limited
(A subsidiary of Investment One Financial Services Limited)
Fund Registrars: Investment One Funds Management Limited
Fund Custodian: Citibank Nigeria Ltd
Fund Trustee: FBNQUEST Trustees
Bank: Citi Bank Nigeria Ltd
Bank Account Name: FBNQUEST TRUST/ VANTAGE EQUITY INCOME FUND
A/C NO: 0012706018
FeaturesBenefits
  • Initial minimum subscription of N50,000 in multiples of N10,000
  • The minimum holding period in the Fund shall be 180 days
  • Dividend will be paid from the income earned to Unit holders annually
  • Dividend shall be distributed within 7 Business Days after SEC’s approval of the Fund’s financial results for the financial year
  • Redemption will be paid within 5 Business Days after the relevant documents have been submitted to the Fund Manager
  • Regular income with likelihood of capital appreciation in the long term
  • Access to portfolio of choice stocks giving investors reduced risk profile through diversification
  • Good fit for investors with long term investment plans/goals
  • Opportunity to capitalize earnings