POSTS
23
March 2018
Hello world!
PORTFOLIO
SEARCH
SHOP
  • Your Cart Is Empty!
Your address will show here +12 34 56 78
  • Text Hover

What is the Coral Growth Fund?

The Coral Growth Fund – CGF was established in February 1, 2001 and is a an actively managed, equities-based, open-ended unit trust scheme designed to enable investors achieve capital growth over the long-term.

How does the CGF enable the investor achieve capital growth over the long-term?

The CGF pools money from subscribers to invest in large capitalization equity and debt securities quoted on the Nigerian Stock Exchange as well as fixed income securities in the money market.

To achieve capital growth over the long term, the CGF can have a larger proportion of its assets, a maximum of 65% invested in equity securities while the balance of 35% will be invested in fixed income securities.

What do equity and fixed income securities mean?

Equity securities refer to stocks or shares of companies that are quoted on a stock exchange while fixed income securities are issued by both governments and companies as a means of raising money to finance their business activities in the short to medium term.

Why did you decide on this portfolio mix?

Returns achieved on investments in equity securities typically outperform returns achieved by investments on fixed income securities over the same period and over the long-term.

Why should anybody invest in the CGF and not directly?

Track record

The Manager has a proven performance track record achieving an annual average return of 16.62% from inception in February 1, 2001 to August 31, 2017 thus outperforming the NSE All share index for the same period at 13.61%. The growth in the CGF implies that an investment of N1 million at inception would have grown to approximately N7.27 million by August 31, 2017.

 

Exposure to a wide variety of equity securities

The CGF is inherently, a ready-made, diversified portfolio of securities because it is invested in several high quality companies at the same time. This age old wisdom of not putting all your eggs in one basket ensures that an investor’s risk is minimized.

Less administrative burden

The Manager of the CGF ensures that the investor is relieved of the  burden of deciding what to buy or sell, liaising with stockbrokers or liaising with the registrar to collect dividend warrants and share certificates. In essence, the objective of the Manager is always in tune with that of the client. There are no commissions; therefore, you get unbiased advice.

What is the Coral Income Fund?

The Coral Income Fund – CIF was established in May 2006. It is an actively managed, income-based, open-ended unit trust scheme designed to enable investors set money aside for the future while preserving their consistent flow of income.

How does the CIF achieve stable and consistent return for investors?

The CIF pools money from subscribers to invest in high yielding fixed income securities.

Why should anybody invest in the CIF?

Our Track record

The Manager has a proven performance track record achieving an annual average return of 9.17% from inception in 2006 to August 31, 2017 thus outperforming the 91 Day Treasury Bills for the same period at 8.46%. The growth in the CIF implies that an investment of N1 million at inception would have grown to approximately N2.44 million by August 31, 2017.

 

Liquid nature of your investment

The CIF is a liquid investment as investors may redeem their holdings from the Manager within 5 business days from the redemption request at the prevailing bid price irrespective of prevailing market conditions.

 Less administrative burden

The Manager of the CIF ensures that the investor is relieved of the burden of deciding what to buy or sell, liaising with multiple financial institutions and tracking maturity dates as well as interest or coupon due on their investments. In essence, the objective of the Manager is always in tune with that of the client. There are no commissions; therefore, you get unbiased advice.

Low transaction costs

All transaction costs are borne by all CIF subscribers, thereby reducing the average transaction cost per unit to the investor, resulting into a higher yield.