Cordros Money Market Fund

Cordros Asset Management

About the fund

Low Risk
Money Market Fund

The Fund provides safety because it invests in low-risk short term money market securities such as Bankers' Acceptances, Certificates of Deposits, Commercial Papers, Deposits (Fixed/Tenured) with eligible financial institutions, and any other instruments introduced and approved by the Central Bank of Nigeria (CBN) from time to time as permissible under SEC Rule 470.

Fund Information

Min Amount
₦200,000.00
Max Amount
N/A
Yield-to-date
20.69%
Fund Size
1bn
Minimum tenor
1 Months
Maximum tenor
12 Months
Permit top-up
Yes
Permit roll over
No
Roll-over type
N/A
Permit Early termination
No
Management fee
N/A
Processing time
48 Hours
Launch date
5th of Jan, 2020
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
https://cordros.com/assetmanagement/cordros-asset-money-market-fund/
Product available in
Nigeria
States present
37
Requirements
Utility Bill of Applicant (Water Rate, Tenement, Rent Receipt or Power)
Valid means of identification (International Passport, Driver's license, National Identity Management Commission (NIMC) Card, 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)1
Annualized year to date return20.69%
Projected return₦NaN
Total investment return₦NaN
How to earn

Diversification and competitive returns are other benefits you enjoy when you subscribe to the Cordros Money market Fund.

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