Afrinvest NIDF continues 42nd coupon since its induction in 1997
Lagos, January 18, 2019 – The Afrinvest Nigerian International Debt Fund (NIDF) is set to pay noteholders the H2:2018 coupon for December 2018 . This coupon will mark the 42nd coupon in the history of the Fund since its introduction in 1997.
The NIDF is an NSE listed mutual fund managed by Afrinvest Asset Management Limited (AAML), which invests in fixed income securities of Federal and State Governments of Nigeria.
It is characterized by minimum risk, steady returns and high investment liquidity, and has consistently paid coupons twice a year for the past 20 years.
A total of N17,787,334.83 will be paid as interim coupon to be distributed amongst subscribers in the register of the Fund as at June 30, 2018. This translates to about N4.18 per note.
We would like to thank all our loyal subscribers for choosing the NIDF and Afrinvest Asset Management Limited. We reiterate our commitment to expert service delivery that meet today’s financial needs.
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