Equity Income Mutual Fund


Investment Objective

The Equity Portfolio’s investment objective is to generate income and capital growth from investments in a diversified portfolio. The Fund will seek to maximize long-term income and capital appreciation by investing significantly in listed stocks. The fund manager shall seek to attain this objective within the acceptable level of investment risk. The unit holders’ approval would be required if any material change to the investment objective arises.


Fund Facts

Fund Manager  AXA Mansard Investments Limited
Agusto & Co Rating  A-
Custodian  FCMB Nominees Ltd
Trustees Investment One Financial Services
Fund size  ₦ 1,000,000,000.00
Base currency  Naira (₦)
Unit Price   ₦ 100.00 per unit
Minimum investment  ₦ 10,000
Minimum holding period 30 days
Income accrual  Daily
Income distribution  Quarterly
Annual management fee  1.25%
Rating Profile Low