GDL Money Market Fund
Growth & Development Asset Management
About the fund
The Fund seeks to maximize return on invested capital in a coordinated and risk averse manner consistent with the preservation of capital and the maintenance of liquidity by investing exclusively in investment grade money market instruments. The GDL Money Market Fund is a special investment plan that allows you to invest with as low as N10,000 for a minimum investment period of 30 days.
Fund Information
Min Amount
₦10,000.00
Max Amount
₦100,000,000.00
Yield-to-date
16.62%
Fund Size
100000000
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
19th of Jun, 2012
Status of fund
Open 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
37
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
It is a high-quality investment that provides more profit than your regular savings account returns, leveraging on the power of collective investment negotiation. You can keep funding your investment account at any time, no penalties nor charges whenever account is not regularly funded, we make your funds available to you within 2 - 3 working days of request. All investments are managed by our excellent team of asset managers who invest in a wide range of short-term instruments.
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