Afrinvest Dollar Fund (ADF)
Afrinvest
About the fund
The Afrinvest Dollar Fund is an open-ended mutual fund which invests in Dollar denominated Securities issued by the Nigerian government or corporate entities. The objective of the Fund is to achieve income generation and capital appreciation in the short to medium term for investors with dollar flows. The fund is designed to deliver higher returns than what is obtainable from the average domiciliary account in the local banks.
Fund Information
Unit Price
$110.00
Min. Unit
1000
Yield-to-date
4.74%
Fund Size
1.8mn
Minimum tenor
6 Months
Maximum tenor
48 Months
Permit top-up
Yes
Permit roll over
Yes
Roll-over type
Principal Only, With Top-up, Principal plus Interest
Permit Early termination
Yes
Management fee
1.5%
Processing time
48 Hours
Launch date
31st of Dec, 2019
Status of fund
Open Ended
Transaction fee
N/A
Expense ratio
N/A
Age limit
18 - 99 years
Provider's page
view provider
Nature of fund
Fixed Income Based Mutual Fund (USD)
Fund manager
Afrinvest Asset Management Limited
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
Price appreciation, semi-annual dividend payment.
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