ARM ETHICAL FUND

ARM Investment Managers

About the fund

Medium Risk
Equity Fund

The ARM Ethical Fund is suitable for Islamic investors who want long-term capital growth by investing strictly according to the principles of Islamic finance and ethical values. Benefits: 1) Invest according to core Islamic values & beliefs. 2) Grow your wealth over the long term with returns above inflation and fixed-income investments 3) Option to switch among the distinct Funds 4) No withholding tax and no VAT on dividends 5) Opportunity to invest on behalf of minors 6) Minimum holding period of 90 days

Fund Information

Unit Price
₦5,000.00
Min. Unit
2
Yield-to-date
21.7%
Fund Size
947.37 Million
Minimum tenor
1 Months
Maximum tenor
12 Months
Permit top-up
Yes
Permit roll over
Yes
Roll-over type
Principal plus Interest, With Top-up, Principal Only
Permit Early termination
Yes
Management fee
1.5%
Processing time
48 Hours
Launch date
31st of Dec, 2000
Status of fund
Open Ended
Transaction fee
N/A
Expense ratio
N/A
Age limit
18 - 65 years
Provider's page
view provider
Nature of fund
Short Term Instruments
Fund manager
ARM Investment Managers Ltd.
Product available in
Nigeria
States present
37
Requirements
Evidence of payment to the mutual fund account of choice.
Valid means of identification (Int'l passport, Driver’s license, National ID, Voter’s card)
Account opening form duly completed
One passport photograph
Proof of Address (PHCN, Water bill, Waste disposal bill, tenement, etc.)
How to invest

Open an account with the requirements above and transfer the investible amount into the bank account as indicated.

Click on the button to begin your investment journey

Calculator

Please note that whatever you calculate is just an estimation

Investment Summary
Risk profileMedium
Tenor (months)1
Annualized year to date return21.7%
Projected return₦NaN
Total investment return₦NaN
How to earn

Dividend is paid only after profit is declared at the end of the financial year. Profit is determined based on fund performance in the market and it is distributed to each investor depending on the units held in fund at the end of the financial year.

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