AIICO Balanced Fund (ABF)
AIICO Capital
About AIICO Balanced Fund (ABF)
The AIICO Balanced Fund is a medium-risk investment fund that invests in a diversified portfolio of equities, bonds, and money market instruments. The goal is to provide a balance of income and capital appreciation.
Requirements for savings
- Valid means of identification (Int'l passport, Driver’s license, National ID, Voter’s card)
- Proof of Address (PHCN, Water bill, Waste disposal bill, tenement, etc.)
- Recent Passport Photograph
States Covered
Provider Details
About provider
AIICO commenced operations in Nigeria in 1963 as an Agency office of American Life Insurance Company (“ALICO”) – at the time, a subsidiary of American International Group (“AIG”). The Company was incorporated, registered and licensed in Nigeria as American Life Insurance Company Limited – as a wholly owned subsidiary of ALICO/AIG – in 1970 – to offer Life and insurance services. The Company was renamed American International Insurance Company Limited (“AIICO”) upon the acquisition of a 60% stake by the Federal Government of Nigeria, and later listed on the Nigerian Stock Exchange in 1990, after which both shareholders – the Federal Government of Nigeria and AIG divested.
About AIICO Balanced Fund (ABF)
The AIICO Balanced Fund is a medium-risk investment fund that invests in a diversified portfolio of equities, bonds, and money market instruments. The goal is to provide a balance of income and capital appreciation.
Requirements for savings
- Valid means of identification (Int'l passport, Driver’s license, National ID, Voter’s card)
- Proof of Address (PHCN, Water bill, Waste disposal bill, tenement, etc.)
- Recent Passport Photograph
States Covered
Provider Details
About provider
AIICO commenced operations in Nigeria in 1963 as an Agency office of American Life Insurance Company (“ALICO”) – at the time, a subsidiary of American International Group (“AIG”). The Company was incorporated, registered and licensed in Nigeria as American Life Insurance Company Limited – as a wholly owned subsidiary of ALICO/AIG – in 1970 – to offer Life and insurance services. The Company was renamed American International Insurance Company Limited (“AIICO”) upon the acquisition of a 60% stake by the Federal Government of Nigeria, and later listed on the Nigerian Stock Exchange in 1990, after which both shareholders – the Federal Government of Nigeria and AIG divested.
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