First Ally Money Market Fund
First Ally Asset Management
About the fund
The Fund is a Money Market Fund with the objective of providing investors with regular income earned from investments in high-quality short-term money market instruments and debt securities issued by the Federal Government of Nigeria. It is designed for investors with low risk appetite looking to maximize interest income in short-tenored securities. It would be attractive to investors who desire a regular stream of income with minimal risk appetite.
Fund Information
Min Amount
₦5,000.00
Max Amount
₦10,000,000.00
Yield-to-date
20.56%
Fund Size
1000000
Minimum tenor
1 Months
Maximum tenor
34 Months
Permit top-up
Yes
Permit roll over
Yes
Roll-over type
With Top-up, Principal plus Interest
Permit Early termination
Yes
Management fee
1.5%
Processing time
48 Hours
Launch date
6th of Jun, 2016
Status of fund
Close Ended
Transaction fee
N/A
Expense ratio
N/A
Age limit
18 - 65 years
Provider's page
view provider
Nature of fund
short term instrument
Fund manager
N/A
Product available in
Nigeria
States present
36
Requirements
How to invest
Click on the button to begin your investment journey
Calculator
Please note that whatever you calculate is just an estimation
How to earn
To invest in the fund with a minimum of 5000, make a transfer to the account below and send a notification on the payment to fammf@first-ally.com
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.