Coral Money Market Fund

Products

This is an actively managed, open-ended unit trust scheme that invests exclusively in money market instruments- instruments with maturities less than 365 days. Investors are able to enjoy significantly higher returns than what is obtainable from the average savings account.

Features:

  • Currency is Naira
  • Minimum investment of N5, 000.00 and subsequent investment of N5, 000.00 thereafter.
  • Liquid investment, as redemption can be made within 48 hours.
  • Invests 100% in fixed income securities and money market instruments with a maximum tenor of 1 year.
  • Lower risk due to a pool of diverse investments
  • Assets are held by an independent Custodian, in line with SEC requirements

Benefits:

  • Competitive return on investment
  • Capital preservation and appreciation
  • Opportunity to invest in a diversified portfolio with N5,000.00
  • Can be used as a savings plan towards specific events.
  • Outperforms 91-day TB rate