EDC Fixed Income Fund

Ecobank Nigeria

About the fund

Low Risk
Fixed Income Fund

The Ecobank Fixed Income Fund invests in a portfolio of high-quality bond securities and money market instruments such as: Federal Government Bonds, State Government Bonds, Corporate Bonds Federal Government Treasury Bills Bank Placements, Commercial Paper and Bankers' Acceptance from CBN Approved banks and blue-chip corporates

Fund Information

Min Amount
₦50,000.00
Max Amount
₦1,000,000,000.00
Yield-to-date
6.2%
Fund Size
1bn
Minimum tenor
3 Months
Maximum tenor
30 Months
Permit top-up
Yes
Permit roll over
No
Roll-over type
N/A
Permit Early termination
Yes
Management fee
1.5%
Processing time
48 Hours
Launch date
15th of Nov, 2016
Status of fund
Open Ended
Transaction fee
N/A
Expense ratio
N/A
Age limit
1 - 75 years
Provider's page
view provider
Nature of fund
Short Term Instrument
Fund manager
EDC Fund Management Limited
Product available in
Nigeria
States present
37
Requirements
Utility Bill of Applicant (Water Rate, Tenement, Rent Receipt or Power)
Valid means of identification (Int'l passport, Driver’s license, National ID, Voter’s card)
How to invest

Click on the button to begin your investment journey

Calculator

Please note that whatever you calculate is just an estimation

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Investment Summary
Risk profileLow
Tenor (months)3
Annualized year to date return6.2%
Projected return₦NaN
Total investment return₦NaN
How to earn

The fund invests mostly in discount bonds with high yields which reduces the impact of the market-to-market effect in the fund’s overall performance.

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