GDL Income Fund

Growth & Development Asset Management


About the fund

Low Risk
Fixed Income Fund

An Income-Based mutual fund regulated by the Securities and Exchange Commission (SEC) is open to strategic but risk averse investors- High Net worth Individuals, Pension Fund Administrators, Insurance Companies, Mortgage and Microfinance Banks, Endowment Funds, Family & Trust Funds, Educational centers, Charity Organisations, Religious Houses, Company Co-operatives & Staff Schemes and Federal, State & Local Governments including their Investment companies.

Fund Information

Min Amount
₦50,000.00
Max Amount
₦1,000,000,000.00
Yield-to-date
-7.22%
Fund Size
1bn
Minimum tenor
3 Months
Maximum tenor
24 Months
Permit top-up
No
Permit roll over
No
Roll-over type
N/A
Permit Early termination
No
Management fee
1.5%
Processing time
48 Hours
Launch date
31st of Dec, 2014
Status of fund
Open Ended
Transaction fee
N/A
Expense ratio
N/A
Age limit
18 - 75 years
Provider's page
view provider
Nature of fund
Short term investment
Fund manager
Growth & Development Asset 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

Investment Summary
Risk profileLow
Tenor (months)3
Annualized year to date return-7.22%
Projected return₦NaN
Total investment return₦NaN
How to earn

Investments will be placed in the Fixed Income and Money Market space.

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