GDL Canary Growth Fund
Growth & Development Asset Management
About the fund
The Canary balanced mutual fund regulated by the Securities and Exchange Commission (SEC) and open to strategic investors including private, public and institutional investors. The aim of the fund is capital preservation and superior returns on Investment. This is made possible by edging against risk in the equity market with safer or less risky fixed income instruments With GDL Canary Fund, it’s all about balance. It is a balanced or hybrid mutual fund which offers the opportunity to invest in a range of instruments, including Fixed Income, Stocks and Cash instruments, simultaneously. Optimise your moderate risk appetite by effectively spreading out the volatility of stocks while maximizing your returns.
Fund Information
Min Amount
₦10,000.00
Max Amount
₦4,000,000.00
Yield-to-date
21%
Fund Size
780M
Minimum tenor
4 Months
Maximum tenor
24 Months
Permit top-up
Yes
Permit roll over
Yes
Roll-over type
Principal plus Interest
Permit Early termination
Yes
Management fee
1.5%
Processing time
48 Hours
Launch date
27th of May, 2004
Status of fund
Open Ended
Transaction fee
N/A
Expense ratio
N/A
Age limit
18 - 75 years
Provider's page
view provider
Nature of fund
Long Term Investment
Fund manager
N/A
Product available in
Nigeria
States present
37
Requirements
How to invest
Click on the button to begin your investment journey
Calculator
Please note that whatever you calculate is just an estimation
How to earn
The fund invests in a blend of Equities Securities quoted on the Nigerian Exchange Limited (NGX) and in high quality Fixed Income Securities.
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