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Nigeria Entertainment Fund
Greenwich Plus


Greenwich Plus

DESCRIPTION OF THE FUND

The Greenwich Plus (Money Market) Fund is a mutual fund registered by the Securities and Exchange Commission as an open-ended fund and which invests in low-risk, interest-earning securities that mature within one year.

FUND OBJECTIVES AND TARGET CLIENTS

This Fund is structured to ensure the preservation of capital and provides investors with a regular stream of income by paying at least 75% of its income in dividends every quarter.

The Fund is primarily targeted at investors with an appetite for low risk, highly liquid investments who seek to earn better returns than rates offered by regular savings or deposit accounts.

INVESTMENT TERMS

  • Minimum initial investment of ₦10,000
  • Additional contribution in multiples of ₦5,000
  • Minimum holding period of 90 days

KEY FEATURES

  • Low-risk and secure investments
  • Preservation of capital
  • Ease of entry and exit to the Fund
  • Quarterly payment of dividends
  • Highly liquid investment

BENCHMARK AND PERFORMANCE:

The Fund is benchmarked against the moving average of FGN’s 91-days Treasury bill and has continually outperformed this benchmark since commencement of its operations in September 2016

CREDIT RATING

  • The Fund is rated “A(f)”

INVESTMENT STRATEGY

The Fund will preserve investor capital by investing in high-quality, short-term debt securities or money market instruments as well as short term debt securities issued or guaranteed by the Federal Government of Nigeria; and other instruments as may be approved by the Commission from time to time.

ASSET ALLOCATION & TARGET WEIGHT

ASSET ALLOCATION TARGET WEIGHT
Nigerian Treasury Bills (NTBs) – 182 25-90%
Senior Debt Obligations Money Market – 60 Days 5-70%
Cash 0-5%

CONTACT DETAILS
Email: assetmanagement@gtlgroup.com  or call:

  • Anne on +234 705 354 9095
  • Dipo on +234 805 907 0572
  • Tega on +234 805 314 3236
Copyright © 2015 Greenwich Trust Limited. All Rights Reserved