United Capital Money Market Fund

United Capital Asset Mgt.

About the fund

Low Risk
Money Market Fund

The United Capital Money Market Fund allows investors to invest in high quality money market instruments like Treasury bills and certificates, Commercial papers and Bankers' acceptance. The Fund is an income Fund, it provides liquidity, capital preservation, as well as moderate and stable return. The Fund is appropriate for corporate and individual investors who desire less volatility in returns using their surplus funds for short periods of time. The main objective of the Fund is to achieve consistent income streams through investment in a portfolio of money market securities and investments specified in the Trust Deed. The money market fund preserves capital, offers quarterly interest payment as well as safety and liquidity.

Fund Information

Min Amount
₦10,000.00
Max Amount
₦10,000,000.00
Yield-to-date
20.65%
Fund Size
51.7B
Minimum tenor
1 Months
Maximum tenor
12 Months
Permit top-up
Yes
Permit roll over
No
Roll-over type
With Top-up
Permit Early termination
Yes
Management fee
1%
Processing time
48 Hours
Launch date
9th of Jul, 2006
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
Long Term Instrument
Fund manager
UNION TRUSTEES/UCAML MONEY MARKET FUND
Product available in
Nigeria
States present
32
Requirements
Recent Passport Photograph
Valid means of identification (Int'l passport, Driver’s license, National ID, Voter’s card)
Utility Bill of Applicant (Water Rate, Tenement, Rent Receipt or Power)
How to invest

Click on the button to begin your investment journey

Calculator

Please note that whatever you calculate is just an estimation

₦
Investment Summary
Risk profileLow
Tenor (months)1
Annualized year to date return20.65%
Projected return₦NaN
Total investment return₦NaN
How to earn

Return is earned daily depending on the prevailing rate. Dividend (Accrued interest) is added to principal every 90 days.

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.