Stanbic IBTC Nigerian Equity Fund
The Stanbic IBTC Nigerian Equity Fund aims to achieve long term capital appreciation by investing a minimum of 70% of the portfolio in listed equities and a maximum of 30% in high quality fixed income securities.
Some of the benefits
Diversification
Convenience
Flexibility
Security
- Stanbic IBTC Nigerian Equity Fund (SINEF) was launched in February 1997
- The Fund invests a minimum of 70% of its portfolio in equity securities quoted on the Nigerian Stock Exchange (NSE) and a maximum of 30% in high quality fixed income securities
- 91 days minimum holding period
- The penalty for redeeming within the minimum holding period is 20% on the accrued income
- The minimum investment amount is N5,000.00
- It is an open-ended fund
- The risk profile of the Fund is “Aggressive”
- The management fee is 3.0% per annum
- Duly executed subscription form
- One passport photograph for each applicant
- A government issued identity card (national ID card, Driver’s license, International Passport, Voter’s card etc)
- Proof of address showing your name/surname
Click this link to open an Instant Account
Alternatively, complete this Subscription Form and submit at any branch of Stanbic IBTC nationwide with the following documentation. Please note that you are not required to make payment at this stage. Below is a list of items you are to submit with the subscription form;
- One passport photograph for each applicant
- A government issued identity card (national ID card, Driver’s license, International Passport, Voter’s card etc.)
- Proof of address showing your name/surname
The account will be opened within one business day and your e-account number will be sent to you via email
Upon receipt of the e-account number, transfer the amount to be invested to the designated bank account (find below) using your e-account number as reference/remark etc.
Please note that CASH is not an acceptable mode of payment
Bank Details
Bank UBA
Account Name UBA NOM FIRST TRUSTEES STANBICIBTC NIGERIAN EQUITY FUND
Account Number 1023413569
Existing Investors:
Transfer the amount to be invested to the fund account (find below) directly from your bank account quoting your e-account number as narration/description/reference.
Alternatively, you can top-up your investment by visiting the online portal or the Stanbic IBTC Mobile application
Please note that CASH is not an acceptable mode of payment
Bank Details
Bank UBA
Account Name UBA NOM FIRST TRUSTEES STANBICIBTC NIGERIAN EQUITY FUND
Account Number 1023413569
- Professional Fund Management
- Online Access
- Diversification of portfolio
- Risk Mitigation
To redeem a part or all your investments at any time:
- Option 1: Login to your mutual fund account via the web or mobile app and initiate a redemption. The proceeds of your redemption will be transferred to your nominated bank account within two (2) working days.Please note that the daily limit for online redemption is N2,500,000.00. The online redemption service is convenient, flexible and safe. To activate the online redemption service on your account, we require you to print, execute and submit the Consent Form and Agreement at our office or any branch of Stanbic IBTC Bank PLC closest to you.
Alternatively, the completed Consent Form and Agreement can be scanned and forwarded to [email protected]
Please note that this service is available to individual and joint account holders only. Institutional subscribers (e.g. Corporates, NGOs, Churches etc.) cannot be granted access to this service. - Option 2: Fill in a Redemption Form and submit at any of our branches nationwide.
The proceeds of your redemption will be transferred to your nominated bank account within five (5) working days.
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Highlights
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Documentation
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How to invest
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Benefits
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How to Redeem
- Stanbic IBTC Nigerian Equity Fund (SINEF) was launched in February 1997
- The Fund invests a minimum of 70% of its portfolio in equity securities quoted on the Nigerian Stock Exchange (NSE) and a maximum of 30% in high quality fixed income securities
- 91 days minimum holding period
- The penalty for redeeming within the minimum holding period is 20% on the accrued income
- The minimum investment amount is N5,000.00
- It is an open-ended fund
- The risk profile of the Fund is “Aggressive”
- The management fee is 3.0% per annum
- Duly executed subscription form
- One passport photograph for each applicant
- A government issued identity card (national ID card, Driver’s license, International Passport, Voter’s card etc)
- Proof of address showing your name/surname
Click this link to open an Instant Account
Alternatively, complete this Subscription Form and submit at any branch of Stanbic IBTC nationwide with the following documentation. Please note that you are not required to make payment at this stage. Below is a list of items you are to submit with the subscription form;
- One passport photograph for each applicant
- A government issued identity card (national ID card, Driver’s license, International Passport, Voter’s card etc.)
- Proof of address showing your name/surname
The account will be opened within one business day and your e-account number will be sent to you via email
Upon receipt of the e-account number, transfer the amount to be invested to the designated bank account (find below) using your e-account number as reference/remark etc.
Please note that CASH is not an acceptable mode of payment
Bank Details
Bank UBA
Account Name UBA NOM FIRST TRUSTEES STANBICIBTC NIGERIAN EQUITY FUND
Account Number 1023413569
Existing Investors:
Transfer the amount to be invested to the fund account (find below) directly from your bank account quoting your e-account number as narration/description/reference.
Alternatively, you can top-up your investment by visiting the online portal or the Stanbic IBTC Mobile application
Please note that CASH is not an acceptable mode of payment
Bank Details
Bank UBA
Account Name UBA NOM FIRST TRUSTEES STANBICIBTC NIGERIAN EQUITY FUND
Account Number 1023413569
- Professional Fund Management
- Online Access
- Diversification of portfolio
- Risk Mitigation
To redeem a part or all your investments at any time:
- Option 1: Login to your mutual fund account via the web or mobile app and initiate a redemption. The proceeds of your redemption will be transferred to your nominated bank account within two (2) working days.Please note that the daily limit for online redemption is N2,500,000.00. The online redemption service is convenient, flexible and safe. To activate the online redemption service on your account, we require you to print, execute and submit the Consent Form and Agreement at our office or any branch of Stanbic IBTC Bank PLC closest to you.
Alternatively, the completed Consent Form and Agreement can be scanned and forwarded to [email protected]
Please note that this service is available to individual and joint account holders only. Institutional subscribers (e.g. Corporates, NGOs, Churches etc.) cannot be granted access to this service. - Option 2: Fill in a Redemption Form and submit at any of our branches nationwide.
The proceeds of your redemption will be transferred to your nominated bank account within five (5) working days.