VGIF

Vantage Guaranteed Income Fund (VGIF) is a scheme particularly suited for investors who are seeking safety of their funds, regular income streams, and capital growth over the long term.

 

Fund Fact
Minimum Subscription: 50,000 Units (At the prevailing offer price).
Additional investment can be made in multiples of N5,000.00 units
Fund Objective: To provide capital preservation and a stream of guaranteed income
Financial Year End: December
Investment Types: Income and Accumulation
Fund Category: Money Market
Asset Classes: Money Market, Fixed Income and Equities
Fund Manager: Investment One Funds Management Limited
(A subsidiary of Investment One Financial Services Limited)
Fund Trustees: First Trustees Nigeria Limited
Fund Custodian: Stanbic IBTC Custodian
Fund Registrars: First Registrars Nigeria Limited
FeaturesBenefits
  • VGIF is a scheme with a well-diversified portfolio of fixed income securities and equities
  • Fund is regulated by Securities and Exchange Commission (SEC) and backed by a Trust Deed
  • Minimum initial investment amount is N50,000 and additional investments in multiples of N1.00
  • The fund pays out the minimum guaranteed return twice a year which can be re-invested into the fund
  • VGIF is not subject to withholding tax
  • Partial Redemption of unit holding is permitted
  • Return on investment is competitive
  • Guaranteed principal
  • Unit holders enjoy the benefit of a minimum guaranteed return benchmarked against the CBN’s Standing Deposit Facility (SDF). Despite any interest rate flunctuation, the minimum guaranteed return is paid
  • On a biannual basis, unit holders can also earn of the fund’s excess return above the SDF
  • Opportunity to capitalize earnings
  • Professional expertise of Fund Manager
Close Menu