Fund Name:Greenwich Plus
Fund Manager:Greenwich Asset Management Limited
Issuing Houses: Lead:Greenwich Trust Limited
Joint:Morgan Capital Securities Limited
Trustees to the Fund:STL Trustees Limited
The Offer:10,000,000 Units of ₦100.00 each in the Fund
Nature of the Fund:The Fund aims to generate income as well as preserve investor capital by diversifying investments across a range of high quality, short-term debt securities or money market instruments as approved by the Securities & Exchange Commission (”SEC” or “the Commission”); and short-term debt securities issued or guaranteed by the Federal Government of Nigeria. The Fund is an open-ended Unit Trust Scheme.
Offer Price:₦100.00 per Unit
Offer Size:₦1,000,000,000.00 (One Billion Naira)
Units of Sale:100 Units and multiples of 50 Units thereafter
Rating:DataPro: A(F)
Holding Period:Minimum period of Ninety days. In the event that a Unit holder redeems their investment within the first Ninety days, an administrative fee of up to 20% of the income earned on the investment will be charged by the Fund Manager.
Redemption:Redemption payments will be made five business days after the relevant Valuation Date at the prevailing Net Asset Value following the date of receipt of the Redemption Notice. All redemption requests must be accompanied by the Statement of Unit holding issued to the Unit holder.
Offer DocumentProspectus