Norrenberger Islamic Fund

Norrenberger Investment & Capital Mgt.

About the fund

Medium Risk
Fixed Income Fund

The Islamic Fund (NIF) is an open-ended unit trust scheme registered by the Securities and Exchange Commission (SEC). The Fund is targeted primarily at investors who have a short, medium to long term investment horizon with consciousness for their belief in Shariah principles and are seeking higher returns than typical Shariah fixed deposits but averse to the risk associated with equity investments.

Fund Information

Min Amount
₦10,000.00
Max Amount
₦100,000,000.00
Yield-to-date
17.76%
Fund Size
250000000
Minimum tenor
1 Months
Maximum tenor
60 Months
Permit top-up
No
Permit roll over
Yes
Roll-over type
With Top-up, Principal plus Interest
Permit Early termination
No
Management fee
1.5%
Processing time
24 Hours
Launch date
1st of Jan, 2001
Status of fund
Open Ended
Transaction fee
N/A
Expense ratio
N/A
Age limit
18 - 60 years
Provider's page
view provider
Nature of fund
Short Term Instrument
Fund manager
Norrenberger Investment & Capital Mgt. Ltd.
Product available in
Nigeria
States present
3
Requirements
Active and valid phone number
A valid proof of Identity of each signatory (current Driver's License/ National ID/ International passport/ Student ID card-for students)
Copy of valid means of ID
Bank Verification Number (BVN)
Valid Residence or Work Permit (Foreigners).
Valid proof of residence
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 profileMedium
Tenor (months)1
Annualized year to date return17.76%
Projected return₦NaN
Total investment return₦NaN
How to earn

Capital appreciation on your investment.

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.