30 Apr 2021
|Inception Date||30 Jun 2006|
|Fund Manager||FSDH Asset Management Ltd|
The Coral Income Fund (CIF) is an open ended, income-based unit trust scheme, which was launched in June 2006. The primary objective, therefore, of the CIF is to achieve capital preservation over the long-term. The CIF was established to provide investors with an investment outlet that provides stable but competitive returns in excess of inflation.
The Fund's structure permits a maximum investment of 30% in quoted equities, while the balance is invested in high-quality fixed-income securities and in the money market. Our target investors for this Fund are individual investors with low risk appetite such as retirees, pensioners and institutional investors such as retirement benefit schemes, insurance companies, co- operatives, endowment funds, fund managers, banks, investment clubs and associations, etc. In addition, Nigerian citizens based abroad as well as other foreign individual & institutional investors can invest in the CIF.
No results found.
|Fund Type||Open Ended|
|Fund Category||Fixed Income Fund|
|Doobia Jones Ranking||Unranked|
|Board of Directors|
|Registered Office||UAC House (8th floor), 1/5 Odunlami Street, P.M.B 12913, Lagos, Nigeria.|
|Place of Business||UAC House (8th floor), 1/5 Odunlami Street, P.M.B 12913, Lagos, Nigeria.|