Cordros Capital Promises to Deliver More Value to Clients
The Group Managing Director, Cordros Capital Limited, an investment bank, Mr. Wale Agbeyangi has said the company will continue to deliver exceptional value to clients.
Speaking to THISDAY at the weekend, Agbeyangi said Cordros Asset Management Limited, which is a subsidiary Cordros Capital, has consistently played in the top tier of Nigeria’s investment management space with an excellent track record of delivering exceptional value, stressing that same performance would be sustained in 2020 and beyond.
“Being a customer-focused company, Cordros was one of the first fund managers to adopt a T+0 redemption period in the money market mutual fund space,” Agbeyangi, noting that the firm is currently in the market with the Cordros Dollar Fund.
According to him, the fund will invest in United States Dollar-denominated securities like Sovereign Eurobonds, Corporate Eurobonds, Money Market instruments and other quoted Corporate Eurobonds with the objective of offering unitholders competitive returns than is obtainable from an average domiciliary bank accounts.
The Managing Director CAML, Morenike Da-silva said Cordros Dollar Fund, is a good investment option for investors who have dollar obligations. The Cordros Dollar Fund is offering 20,000 units of $100 each to the investing public with a minimum subscription amount is $500 and an additional subscription amount of $500 thereafter.
“A good number of Nigerians have dollar obligations for academic and medical tourism. Therefore, having a dollar-based investment for individuals who have dollar obligations is a very good opportunity,” she said.