Anchoria Money Market Fund
The Anchoria Money Market Fund is a low-risk, open-ended investment vehicle that lets you invest in high-quality money market instruments such as Treasury Bills, Certificates of Deposit, Commercial Papers, and Banker’s Acceptance. The fund’s main objectives are to provide high liquidity, capital preservation, and moderate-income.
The Fund is suitable for both corporate and individual investors seeking high returns on their idle funds.
Features
- Invests in money market and government securities
- Minimum tenor is 180 days
- Subscription fee is N,5000
Benefits
- Capital preservation
- Easy entry and exit
- Alternative source of income
- Quarterly interest payments
- Zero tax fund & transaction charges
- Competitive return on investment