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The CGF was established in February 1, 2001.
It is an actively managed, open-ended unit trust scheme that
invests in equities and debt securities of large companies
quoted on any Nigerian Stock Exchange as well as in investment
grade fixed – income securities. The CGF invest 65% in
quoted equities and 35% in fixed – income securities
The objective of the CGF is to
enable investors’ achieve capital growth over
the long-term. In particular, the CGF
will enable invests satisfy a broad variety of
financial needs and can serve as a: |
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From inception on February 1, 2001 to
December 31, 2007, investors in the CGF achieved a return of
574.66%, which translates to an annual average growth rate of
approximately 83.32% per annum. In the same period the NSE
All-Share Index achieved an average annual growth rate of
74.17%. From January 2007 to December 2007 the CGF achieved a
return 37.23%, while the NSE All-Share Index achieved a return
of 74.73%
Initial investors must invest an initial
minimum sum of N50, 000.00. Additional
minimum investment of N10, 000.00 can be made
thereafter.
Redemption can be made after a five business
days notice has been given in writing to the Fund Manager, FAML
The Trustee to the CGF preserves the
interest of unit holders by ensuring that the Manager’s
activities adhere to the provisions of the Trust Deed. In
addition, the administration of the CGF is carried out in
accordance with global best practices as the CGF is the first fund in Nigeria to segregate the fund assets in this manner. |
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