FBN Specialized Dollar Fund

FIRST ASSET MANAGEMENT

At A Glance

 The FBN Specialized Dollar Fund is a USD-denominated, medium-risk investment fund designed to deliver competitive dollar returns while hedging against naira depreciation. It invests primarily in debt instruments issued by African countries, offering investors exposure to diversified Eurobonds and fixed income assets across the continent. With a YTD return of 7.86%, the fund provides a strong balance of income, diversification, and currency protection. 

 

Invesment Typedollar fund
Risk LevelMedium
Fund ManagerFBNQuest Asset Management Limited
Yield - to -Date7.73%

Strategy & Asset Allocation

The FBN Specialized Dollar Fund invests primarily in USD-denominated African debt instruments to deliver income and diversification.

Asset Type
Amount (₦)
African Sovereign & Corporate Bonds
60% – 90% – Core income from diversified African issuers
USD Money Market Instruments
10% – 40% – Liquidity and capital preservation
Other Permissible Investments
0% – 10% – Tactical diversification

Investment Calculator

Please note that whatever you calculate is just an estimation

$
View Investment Summary

Pros and Cons

Investing in the FBN Specialized Dollar Fund has clear advantages and limitations:

Pros
 Earns and pays returns in USD  
 Protects against naira depreciation 
 Higher returns (~7%+) than many dollar funds 
 Diversified across African debt instruments 
 Flexible options: top-up, roll-over, early withdrawal 
 Open-ended structure with liquidity 
Cons
 High minimum investment ($10,000) limits accessibility 
 Exposure to the African market and sovereign risk 
 Returns depend on global and regional interest rates 
 No guaranteed or fixed returns 
 Management fees (1.5%) reduce net returns 

Fees & Charges 

This fund maintains a clear and straightforward fee structure.

Fee Type
Amount / Range
Management Fee
1.5%

Who Should Consider This

This investment is ideal for people who want easy access to their money.

  1. 1.
    High-Value Investors: Suitable for those who can meet the $10,000 minimum investment
  2. 2.
    Dollar Investors: Looking to protect wealth from naira devaluation
  3. 3.
    Diversified Investors: Want exposure beyond Nigeria into African markets
  4. 4.
    Medium-Risk Investors: Comfortable with moderate risk for better returns

nairaCompare Insight

 FBN Specialized Dollar Fund is ideal for investors seeking higher USD returns than typical dollar funds, with added diversification across African debt markets to reduce country-specific risk. 

 

How to Get Started

Here’s how you can begin investing in the FBN Money Market Fund and earning returns:

Choose an Investment

Browse and compare available investment products from top providers.

Fill Out Your Details

Complete a short application form with your personal and banking information.

Fund & Start Earning

Transfer your money securely and start earning returns — typically within 24–48 hours.

See Other Similar Products

Below are carefully selected alternatives for you:

View all products

FAQs - FBN Money Market Fund

We answered some questions, so you don't have to ask them

Is my money safe with FBNQuest?
Yes, the company is a SEC-licensed subsidiary of FBNQuest Merchant Bank (part of First Bank Group) and is rated A+ by Agusto & Co. The fund invests only in high-quality, government-backed securities and commercial papers from rated Nigerian banks.
How do I invest in the FBN Money Market Fund?
You can invest through the nairaCompare platform. Simply click on the “Invest” button above, and you will be redirected to the provider’s site, which has detailed instructions on the fund’s requirements and methods.
Can I withdraw anytime?
Yes, you can redeem your investment anytime. Redemptions are typically processed within 24-48 hours after submitting your redemption request and returning your electronic certificate to the fund manager.
How much do I need to start?
The minimum initial investment is ₦5,000, with subsequent investments of ₦1,000 or more. This makes it accessible to a wide range of investors looking for higher returns than traditional savings accounts.

About First Asset Management

First Asset Management, a subsidiary of FBNQuest Merchant Bank and part of the First Bank Group, is a SEC-licensed asset manager rated A+ by Agusto & Co. The fund’s strong AUM growth reflects both investor confidence and market presence. The name “First Asset Management” is the unified brand identity for the Merchant Banking and Asset Management businesses of FBN Holdings Plc, and part of the strong heritage of one of the leading financial service groups in sub-Saharan Africa. 

CONTACT ADDRESS

10 Keffi St, Ikoyi, Lagos, Nigeria, Lagos, Lagos State

WEBSITE

https://fbnquest.com/

PHONE NUMBER

708 062 6000-4

EMAIL ADDRESS

ccu@fbnquestmb.com

Subscribe For Financial Tips and Offers!

Sign up for our newsletter to get the best offers, expert advice, and more!

By continuing, you agree to our Terms & Conditions and Privacy Policy.