Stanbic IBTC Guaranteed Investment Fund

Introduced in 2007, this Fund is designed to offer investors potential upside from the equity markets while protecting them against any risk to their principal investment. The principal amount invested is guaranteed against diminution in value provided the investment is held for a minimum of three months. The Fund’s objectives are achieved by investing a minimum of 75% of the portfolio in fixed income securities including Federal Government Bonds, Money Market Securities and other approved by Nigeria’s Securities & Exchange Commission; and a maximum of 25% in equities of blue chip companies listed on The Nigerian Stock Exchange. The Stanbic IBTC Guaranteed Investment Fund (“SIGIF”) was launched in 2007 at a nominal value of N100.00 per unit. Although the primary objective of the Fund is to achieve long-term capital appreciation of its assets, the principal amount invested is also guaranteed against diminution in value provided the investment is held for a minimum of three months. Like the other mutual funds under management, subscriptions are processed at the prevailing offer price on the relevant day and the fund is re-valued at the end of each working day to reflect any changes in the price of the underlying assets. This means that the value of investment held may change from day to day.

Summary

Introduced in 2007, this Fund is designed to offer investors potential upside from the equity markets while protecting them against any risk to their principal investment. The principal amount invested is guaranteed against diminution in value provided the investment is held for a minimum of three months. The Fund’s objectives are achieved by investing a minimum of 75% of the portfolio in fixed income securities including Federal Government Bonds, Money Market Securities and other approved by Nigeria’s Securities & Exchange Commission; and a maximum of 25% in equities of blue chip companies listed on The Nigerian Stock Exchange.

The Stanbic IBTC Guaranteed Investment Fund (“SIGIF”) was launched in 2007 at a nominal value of N100.00 per unit. Although the primary objective of the Fund is to achieve long-term capital appreciation of its assets, the principal amount invested is also guaranteed against diminution in value provided the investment is held for a minimum of three months. Like the other mutual funds under management, subscriptions are processed at the prevailing offer price on the relevant day and the fund is re-valued at the end of each working day to reflect any changes in the price of the underlying assets. This means that the value of investment held may change from day to day.

Highlights

  • SIGIF was registered with the Security and Exchange Commission (SEC) in 2007
  • Initial Price: N100.00 (Nominal Value)
  • Principal investment guaranteed after three months
  • Asset Allocation: The Fund invests a minimum of 75% of its assets in quality fixed income securities, and invests a maximum of 25% in selected equities of Nigerian quoted companies.
  • The minimum application: N5,000 and subsequent investments of N5,000

Benefits

The fund allows you to participate in any upside gains in the capital market whilst limiting your downside risk i.e. risk to your principal investment

An excellent risk spreading device as it invests in fixed income securities as well as a basket of top quality quoted companies

You can use your holdings for collateral for bank loans

Capital appreciation with competitive returns (for information on the performance history of Stanbic IBTC Mutual Funds, kindly contact us on mutualfunds@stanbicibtc.com This e-mail address is being protected from spambots. You need JavaScript enabled to view it )

Easy entry & exit

Documention

  • 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

How to invest

Initial Investors:

• Complete Subscription Form and submit at any branch of Stanbic IBTC nationwide with the documentation stated   above. Please note that you are not required to make payment at this stage.
• 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 funds to the designated bank account (find below) using your   e-account number as reference/remark etc.
• The investment will be booked following which login details will be sent to you within two business days

For Existing Subscribers:

• Transfer directly from your bank account to the designated bank account (find below) using your e-account   number as reference/remark
• Online at https://www.quickteller.com/SIAML or by clicking on the top up link when you log on to your mutual   fund account
• Direct Debit or standing order (Please click here for a Direct Debit mandate form)


Bank details:

Bank: Stanbic IBTC Bank
Account name: Stanbic IBTC Guaranteed Investment Fund
Account number: 9202475343

 

 

 

 

 

 

Subscription Form and issue a cheque or draft for the cost of Units applied for

Please make a cheque/draft payable to First Trustees/Stanbic IBTC Guaranteed Investment Fund

Send the cheque and completed Subscription Form and other documents to any of our offices in Lagos, Abuja, or Port-Harcourt, or any branch of Stanbic IBTC Bank Plc

If you are buying from outside Nigeria it is Easy to do so. Find out how

You can also buy online with very easy steps

Within 5 days, we will send you an email confirming purchase of units and telling you how to log in to your account

 

For Existing Subscribers:

Quickteller-enabled ATM (Please click here for list of payment codes)

Online at  https://www.quickteller.com/SIAML or by clicking on the CIPG link when you log on to your mutual fund account

Direct Debit or standing order (Please click here for a Direct Debit mandate form)

Send a cheque and completed purchase order form to any Stanbic IBTC Asset Management office

How To Redeem Your Investment

To redeem a part or all your investments at any time:


• 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.

• Fill in a Redemption Form and submit to any of our branches nationwide.

The proceeds of your redemption will be transferred to your nominated bank account within five (5) working days.

 

Online Redemption Service

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 mutualfunds@stanbicibtc.com

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


Customer Care Line

nigeriaassetmanagers
+234 1 280 1266

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