Frequently Asked Questions (FAQs) on The Afrinvest Dollar Fund
Features & Benefits of the Fund
- Capital appreciation
- Low entry amount
- Offers investors opportunity to earn in dollars
- Professional Management
- Diversification of portfolio
- Competitive returns above 6%
- Regular and steady income stream
10 units at a price of $100 per unit (equivalent to $1,000) and in multiples of 1 unit ($100).
Minimum Holding Period
Coupon will be paid biannually.
How to subscribe to the Fund
Investors who desire to purchase units of the Fund may do so through the Fund Manager or any of its designated agents, representatives or any medium that may be approved and provided by the Fund Manager from time to time.
Redemption takes 5 working days.
Safety of Fund
Investment is held in a custodian account with United Bank for Africa Plc to ensure the safety of your investment.
To subscribe, please fill the attached account opening form and send back with the following;
- Valid government registered ID card
- Proof of address
- One passport photograph
Please find bank details below:
UNITED BANK FOR AFRICA PLC, NIGERIA
Through : CITIBANK NEW YORK UNITED STATES
SWIFT CODE: CITIUS33
ROUTING NO: 021000089<tel:+44021000089>
ACCOUNT NUMBER: 36320321<tel:+4436320321>
FOR FURTHER CREDIT:
Bank: UBA Beneficiary account number: 1022613276<tel:+441022613276>
SWIFT Code: UNAFNGLA
Beneficiary name: UBA NOM – EAC TRUSTEES/AFRINVEST DOLLAR FUND
Beneficiary address: 57, UBA House, 57 Marina, Lagos.
Afrinvest Asset Management Limited
27 Gerrard Road
Attention: Ola Belgore
Tel. +234 (806) 022 0899