STL Money Market Fund
STL Asset Management
About the fund
STL MMF is a Collective Investment Scheme that seeks to give investors access to gain the required investment benefits from a portfolio of money market instruments at low risk. The investment objective of the STL MMF is to seek current income and preserve investment capital while maintaining high liquidity. STL MMF creates and offers units to prospective investors. Also, STL MMF is open-ended as it allows investors to buy and sell these units continuously from the Fund Manager, STL Asset Management Limited. STL MMF is authorized and regulated by the Securities and Exchange Commission (SEC).
Fund Information
Min Amount
₦1,000.00
Max Amount
₦50,000,000.00
Yield-to-date
21.13%
Fund Size
100000000
Minimum tenor
30 Months
Maximum tenor
365 Months
Permit top-up
Yes
Permit roll over
Yes
Roll-over type
Principal Only, With Top-up, Principal plus Interest
Permit Early termination
Yes
Management fee
1.5%
Processing time
48 Hours
Launch date
11th of Jun, 2017
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
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How to earn
TL MMF) is a Collective Investment Scheme that seeks to give investors access to gain the required investment benefits from a portfolio of money market instruments at low risk. The investment objective of the STL MMF is to seek current income and preserve investment capital while maintaining high liquidity. STL MMF creates and offers units to prospective investors. Also, STL MMF is open-ended as it allows investors to buy and sell these units continuously from the Fund Manager, STL Asset Management Limited. STL MMF is authorized and regulated by the Securities and Exchange Commission (SEC).
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