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Coral Income Fund

3,357.2300
Fri, 30 Apr 2021
Bid Price
(NGN)
Offer Price
(NGN)
Open
30 Apr 2021
3,357.2300 0.0000
Close 3,357.2300 0.0000
Inception Date 30 Jun 2006
Fund Manager FSDH Asset Management Ltd
Management Fees 0.00%
6M Ch 144.28(+4.49%)arrow_drop_up
1Y Ch 201.68(+6.39%)arrow_drop_up
3Y Ch 764.00(+29.46%)arrow_drop_up

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.

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Years of Experience with
Fund
Fund Manager
Investment Industry
Fund Type Open Ended
Fund Category Fixed Income Fund
Doobia Jones Ranking Unranked
Board of Directors
Auditors
Custodian
Trustees
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.
Bankers