Meristem Money Market Fund
Meristem Wealth Management
About the fund
his mutual fund is for investors who value liquidity and security of assets. It is open-ended and constituted under a Trust Deed. The Fund invests in low risk short-term securities such as Government securities, Bank placements and others including Commercial Papers and promissory notes.
Fund Information
Min Amount
₦1,000.00
Max Amount
₦100,000,000.00
Yield-to-date
23.4%
Fund Size
100000000
Minimum tenor
1 Months
Maximum tenor
24 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
2nd of Jun, 2008
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
34
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
Preserves and grows capital • Steady stream of income • Open to both resident and foreign investors • Quarterly distribution of returns or reinvestment of same • Unit holders return on investment is tax free • Capital gains from redemption of units by unit holders are tax free • Minimum subscription amount: N10, 000.
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