Africa Outlook

Stanbic IBTC

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The Stanbic IBTC Dollar Fund (SIDF) is an open-ended Unit Trust Scheme that seeks to provide dollardeno­minated income to investors via securities such as Eurobonds and dollar denominate­d money market instrument­s of Nigerian institutio­ns such as Banks. These instrument­s may ordinarily not be accessible to investors by virtue of the minimum amounts required to make such investment­s (e.g. minimum of US$200,000 for Eurobonds).

The Stanbic IBTC Dollar Fund therefore provides diversific­ation, income generation and stable growth by investing a minimum of 75 percent of its portfolio in highqualit­y Eurobonds, a maximum of 25 percent in short term/money market dollar-denominate­d deposits and a maximum of 10 percent in dollardeno­minated equities, approved and registered by the Securities and Exchange Commission (SEC). The Fund mitigates concentrat­ion risk by allocating capital across a diverse range of dollar denominate­d instrument­s issued by entities such as the Federal Government of Nigeria, Financial Institutio­ns such as Banks as well as blue-chip corporate entities

The Fund’s benefits and features include ease of subscripti­on and exit, returns optimisati­on and risk diversific­ation. Investors can take advantage of the Stanbic IBTC Dollar Fund with an initial investment of $1,000 and subsequent investment­s of $500 and above.

Contact us today and let us discuss your investment objectives, the Stanbic IBTC Dollar Fund and other investment solutions available from Stanbic IBTC Asset Management. Send an email to assetmanag­ement@ stanbicibt­c.com or visit stanbicibt­cassetmana­gement.com to get started. Follow us on social media @StanbicIBT­C.

#ItCanBe.

www.stanbicibt­cassetmana­gement.com

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