Stanbic IBTC Money Market Fund

Summary

Key Stats

 

Simm was launch 2010

 

 

 

 

 

 

The Fund is invested 100% in low risk Money Market securities (Treasury bills, Bonds, Commercial papers, etc.)

 

 

 

 

30 Days minimum holding period

20% penalty on accrued interest for redemptions within the period

 

 

 

 

 

 

Minimum investable amount of 5000 Naira

 

 

 

 

Benefits of SIMM

 

  • Competitive returns
  • Professional Fund Management
  • Online Access
  • Funds can be used to secure a loan with Stanbic IBTC Bank
  • Capital preservation
  • The Fund is rated Aa (f) by Agusto & Co
Fund Facts
  • Base Currency – Naira
  • Nature of Fund - Fixed Income Biased
  • Income/ Interest payment Frequency – Quarterly

 

How to invest

Initial Investors:  

  • 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.
  • 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.

Bank Details

Bank  Stanbic IBTC Bank

Account Name  First Trustees/Stanbic IBTC Money Market Fund

Account Number   9202476223

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

Bank Details

Bank  Stanbic IBTC Bank

Account Name  First Trustees/Stanbic IBTC Money Market Fund

Account Number   9202476223

 


Customer Care Line

nigeriaassetmanagers
+234 1 280 1266

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