Nigerian-based investment firm SAMTL Fund Manager has opened investors’ access to its mixed income fund with a competitive return from diversified investment portfolios.
The mixed income fund from SAMTL was designed to cater to investors that seek to access investment opportunities across the financial markets without taking excess risks.
The company will invest the money pool from investors with similar appetites in Nigerian bonds, equities, and money market placement, according to an emailed note.
“With the SAMTL Mixed Income Fund, you can access opportunities in the equity, money, and fixed-income markets for as little as N10,000, the company told investors.
The mixed income fund is open to high-net-worth individuals (HNIs), institutional investors, and individuals seeking competitive returns. The fund combines equity growth with bond stability, offering competitive returns over the medium to long term to investors.
The firm said redemptions can be made after the lock-in period of 90 days and will be processed not later than 5 working days. SAMTL Mixed Income Fund is expected to invest in a full range of instruments approved by the Securities and Exchange Commission.
Funds will invest 40 percent in equities, 55 percent in money market & fixed income instruments, and five percent in cash to spread the risk, boost liquidity, and expand the opportunities for returns.
It said Unit Holdings can be used as collateral for a loan or to access other financial opportunities.
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