Legacy Equity Fund

FCMB Asset Management

At A Glance

The Legacy Equity Fund, managed by FCMB Asset Management Limited, is a medium-risk, open-ended naira-denominated equity fund benchmarked against the Nigerian Exchange All Share Index (NGX ASI). The fund invests in listed Nigerian equities to achieve capital appreciation and dividend income, with a current yield-to-date of about 20.88%. 

 

Invesment Typeequity fund
Risk LevelMedium
Fund ManagerFCMB Asset Management Limited
Yield - to -Date20.88%

Strategy & Asset Allocation

The Legacy Equity Fund invests primarily in listed Nigerian equities to achieve long-term capital growth.

Asset Type
Amount (₦)
Large-Cap Equities
60% – 90%
Mid-Cap Equities
10% – 30%

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Pros and Cons

Investing in the Legacy Equity Fund has clear advantages and limitations:

Pros
 Exposure to Nigerian-listed equities aligned with NGX market performance 
 Potential for capital growth and dividend income 
 Low unit price entry (₦5 per unit) 
 Top-ups permitted, allowing investors to grow their holdings 
Cons
 Returns depend on stock market performance 
 Equity market volatility may affect returns  
 Management fee of 1.5% annually 
Processing time of about 48 hours for transactions 

Fees & Charges 

The Legacy Equity Fund invests primarily in listed Nigerian equities to achieve long-term capital growth.

Fee Type
Amount / Range
Management Fee
1.5% of NAV annually

Who Should Consider This

This investment is ideal for people who want low-risk growth and easy access to their money.

  1. 1.
    Savers Looking to Earn More: Instead of leaving your money idle in a bank account, this helps it grow — with better returns than typical savings.
  2. 2.
    Short-Term Planners: Perfect if you're saving for something soon — like rent, school fees, or a business expense.
  3. 3.
    First-Time or Cautious Investors: If you're new to investing or just want to play it safe, this option offers stability and peace of mind.
  4. 4.
    Professionals with Idle Cash: Have spare funds sitting for a few months? This helps you make the most of that cash without locking it away.

nairaCompare Insight

The Legacy Equity Fund is suitable for investors seeking medium- to long-term capital growth through exposure to Nigerian equities. By tracking the performance of the NGX All Share Index, the fund offers investors a diversified way to participate in Nigeria’s stock market. 

 

How to Get Started

Here’s how you can begin investing in the Legacy Equity Fund and earning returns:

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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.

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FAQs - Legacy Equity Fund

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

Is my money safe with the Legacy Equity Fund?
The fund invests in listed Nigerian equities and is managed by FCMB Asset Management, a SEC-regulated investment manager. However, equity investments carry market risk, and returns may fluctuate.
How do I invest in the Legacy Equity Fund?
You can invest by purchasing a minimum of 10,000 units at the prevailing unit price, starting from ₦5 per unit.
Can I withdraw my investment anytime?
Yes. The fund allows early termination, and redemption requests are typically processed within 48 hours.
How do investors earn returns?
Investors earn returns through capital appreciation of stocks and dividends from companies in the portfolio.

About FCMB Asset Management

FCMB Asset Management Limited is the asset management subsidiary of FCMB Group Plc. The firm provides mutual funds, portfolio management, and investment advisory services to retail and institutional investors. It is licensed and regulated by the Securities and Exchange Commission (SEC) of Nigeria and manages a range of investment products, including money market, fixed income, and equity funds.

CONTACT ADDRESS

5th Floor, First City Plaza,44 Marina, Lagos State, Nigeria. P.O.Box 9117

WEBSITE

https://www.fcmbassetmanagement.com/index/

PHONE NUMBER

09078190798

EMAIL ADDRESS

fcmbamcustomercare@fcmb.com

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