SFS FIF gets Datapro AA (f) rating
SFS Fixed Income Fund (SFS FIF) has been rated “AA(F)” by Datapro Limited, a credit rating and compliance consulting firm in Nigeria.
According to Datapro, the rating indicates the SFS FIF lower risk, which is backed by the firm’s good financial strength, operating performance and profile when compared to the standards established by Datapro.
SFS FIF, in a statement by Datapro has a strong ability to meet its on-going obligations.
The SFS FIF is an openended collective investment scheme duly regis- tered by the Securities and Exchange Commission of Nigeria (SEC).
Launched in May 2014, the Fund is carefully designed to give very high returns so that investment capital and income is never eroded. The Fund is allocated to a mix of long and short term fixed income investments to take advantage of the ever-changing interest rate environment.
SFS FIF invests primarily in high yield securities issued by Federal Government, subnationals and highly rated corporate institutions (with at least an “A” rating by a SEC registered rating agency). The Fund is a low risk financial planning product with an investor base ranging from retail to institutional clients. In addition, the Fund makes distributions to unit holders on a quarterly basis and qualifies for investment by Pension Fund Administrators in Nigeria as regulated by PENCOM.
SFS FIF is managed by SFS Capital Nigeria Limited, a foremost Fund Manager in Nigeria. SFS Capital is the Fund Manager and Promoter of the first publicly quoted Real Estate Investment Trust (REIT) in Nigeria: Skye Shelter Fund. The Skye Shelter Fund has paid dividend every year from its inception and has successfully preserved value in a very challenging real estate and capital market environment over the years. SFS Capital is also the Fund Manager of the N12.5 Billion Union Homes Real Estate Investment Trust (“UH-REIT”). As a pioneer of the industry, SFS Capital is determined to revive the Real Estate industry and supporting the Infrastructure industry using the Capital Market. SFS Capital currently manages over N15 Billion in publicly quoted and SEC regulated Real Estate investments spread across Nigeria.