Lagos, Nigeria – United Capital Asset Management, a subsidiary of United Capital Plc, has announced the launch of the United Capital Stable Income Fund, a naira-denominated mutual fund designed to provide low-risk, stable returns for high-value investors amid market volatility.
In a statement to The PUNCH, the firm detailed that the new fund targets qualified institutional investors and high-net-worth individuals, requiring a minimum investment of N50,000,000.
The United Capital Stable Income Fund aims to ensure capital preservation and returns through a diversified portfolio of money market and fixed-income securities, including government and corporate bonds. This initiative underscores United Capital's commitment to delivering innovative and reliable financial solutions for investors.
Odiri Oginni, Chief Executive Officer of United Capital Asset Management, emphasized the strategic importance of the fund. “We are thrilled to introduce the United Capital Stable Income Fund to the investing public,” Oginni stated. He noted that the fund responds to the increasing market demand for low-risk investments offering stability and consistent returns, especially in today's volatile market conditions.
The fund promises a portfolio designed to provide competitive yield, liquidity, and safety, with a minimum subscription of 500,000 units and multiples of 100,000 units thereafter. This structure targets qualified institutional investors and high-net-worth individuals as defined by the Securities and Exchange Commission rules.
United Capital highlighted that, alongside capital preservation, the Stable Income Fund offers investors annual dividends, enhancing its appeal for those seeking steady growth. The fund will be managed by top-tier portfolio managers who use innovative strategies and thorough market research to optimize performance.
With over N900 billion in assets under management, United Capital has established itself as an industry leader. The company recently disbursed dividends totaling $8,339,100 to unitholders of its dollar-denominated mutual funds and N6.15 billion to unitholders of its naira-denominated mutual funds, cementing its position as the second-largest Collective Investment Schemes Fund Manager and asset manager in Nigeria.
United Capital Asset Management’s consistent track record and substantial assets under management reinforce its reputation for providing reliable financial solutions tailored to the needs of high-value investors.
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