Stanbic IBTC Bond Fund

Fund Name:Stanbic IBTC Bond Fund
Fund Manager:Stanbic IBTC Asset Management Limited
Issuing Houses: Lead:Stanbic IBTC Bank PLC
Trustees to the Fund:PHB Capital & Trust Limited
The Offer:10,000,000 units of ₦1 each at ₦100 per Unit in the Fund
Nature of the Fund:The Fund aims to achieve competitive returns on its assets while safeguarding capital, by investing in a diversified portfolio of high quality bonds of governmental, supranational and corporate issuers, including Federal Government bonds, State Government bonds, Corporate bonds, Eurobonds and other fixed income securities
Price:₦100 per Unit
Units of Sale:1,000 Units (₦=100,000) and multiples of 100 Units (₦=10,000) thereafter.
Holding Period:N/A
Payment Terms:In full on application
Offer DocumentProspectus