Stanbic IBTC Bond Fund
The Stanbic IBTC Bond Fund aims to achieve competitive returns on investments by investing a minimum of 70% of its portfolio in high quality Bonds (FGN and Corporate), while a maximum of 30% of its assets are invested in quality money market instruments such as treasury bills. Stanbic IBTC Bond Fund is registered with the Securities and Exchange Commission, Nigeria as an open-ended Unit Trust Investment Scheme and is open to all investors.
Some of the benefits
Convenience
You can transact from anywhere with our online platforms (Mobile App and Web Portal)
Diversification
Our Mutual Funds mitigate investment risks by investing across a diverse range of assets thus avoiding concentration risk
Flexibility
Our array of investment products are designed to suit your financial needs. You can easily subscribe for/and redeem your investments
Security
Invest with us with the knowledge that your investment is safe
Highlights
- Stanbic IBTC Bond Fund (SIBOND) was launched in February 2010
- The Fund invests a minimum of 70% of its portfolio in high-quality bonds and a maximum of 30% in high-quality money market instruments
- 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 is “Aggressive”
- The management fee is 1.5% per annum
Benefits
- Competitive returns
- Professional Fund Management
- The funds can be used to secure a loan with Stanbic IBTC Bank
- Online Access
- Capital preservation
How to Redeem
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 N5,000,000.00. 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
-
Benefits
-
How to Redeem
- Stanbic IBTC Bond Fund (SIBOND) was launched in February 2010
- The Fund invests a minimum of 70% of its portfolio in high-quality bonds and a maximum of 30% in high-quality money market instruments
- 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 is “Aggressive”
- The management fee is 1.5% per annum
- Competitive returns
- Professional Fund Management
- The funds can be used to secure a loan with Stanbic IBTC Bank
- Online Access
- Capital preservation
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 N5,000,000.00. 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.
Forms and Downloads
Mutual Funds Subscription form
Mutual Funds Subscription form
Mutual Funds Subscription form
Mutual Funds Subscription form
Mutual Funds Redemption Form
Mutual Funds Redemption Form
Redemption Consent Form and Agreement
Redemption Consent Form and Agreement
We also offer
Stanbic IBTC Dollar Fund
Stanbic IBTC Dollar Fund aims to provide currency diversification, income generation, and stable growth in USD. It seeks to achieve this by investing a minimum of 70% of the portfolio in high-quality Eurobonds, a maximum of 30% in short term USD deposits, and a maximum of 10% in USD equities approved and registered by the Securities and Exchange Commission of Nigeria. Stanbic IBTC Dollar Fund is registered with the Securities and Exchange Commission, Nigeria as an open-ended Unit Trust Investment Scheme and is open to all investors.
Stanbic IBTC Shari’ah Fixed Income Fund
The Stanbic IBTC Shari’ah Fixed Income Fund aims to provide ethically minded investors with liquidity and competitive returns by investing in quality Shari'ah compliant securities such as Sukuk and other eligible fixed term contracts. Stanbic IBTC Shari’ah Fixed Income Fund is registered with the Securities and Exchange Commission, Nigeria as an open-ended Unit Trust Investment Scheme and is open to all investors.