Below are some of the benefits of investing in AIICO Money Market Fund
Our capital preservation strategy aims to prevent losses, maintain capital and keep pace with inflation.
We provide competitive returns on your investment based on market and portfolio performance .
we invest in different asset classes and securities in order to minimize the overall risk of the portfolio.
We will provide you with 24/7 access to your investment account through our web-portal
AMMF is a money market mutual fund designed for short term investments.
Most suitable as a savings scheme.
Ease of entry and exit of invested units.
Primarily invests in risk-free assets i.e., treasury bills, commercial papers and fixed deposit placements.
The minimum investment amount is N10,000.00
More stable returns and quarterly income streams from declared dividend.
Professional Fund Management
The Fund is rated Aa (f) by Agusto & Co
Alternatively, complete our Subscription Form and email [email protected] with the following documentation. Please note that you are not required to make payment at this stage. Below is a list of items you are to submit with the subscription form;
One passport photograph for each applicant
A government-issued identity card (national ID card, Driver’s license, International Passport, Voter’s card etc.)
Proof of address showing your name/surname
The account will be opened within one business day and your e-account number will be sent to you via email
Upon receipt of the e-account number, transfer the amount to be invested to the designated bank account (find below) using your e-account number as reference/remark etc.
Please note that CASH is not an acceptable mode of payment.
AIICO Money Market fund is a product that pools investment monies from various individuals, corporate organizations and High net worth clients for the purpose of investing in money market securities, designed to produce medium to long term growth, income or a combination of the two.
We take the stress involved with directly negotiating and investing in financial instruments off your hands,
The product abides by its objectives and contract agreed and its regulated by Securities and Exchange Commission.
You are opportune to invest and take advantage of wider range of Money market securities.
You can subscribe to/ redeem from the funds whenever you want to. The fund is obligated to redeem investments within five working days.
You are entitled to be paid dividends every quarter.
The funds’ assets are held by a separate entity (Custodians) for safekeeping.
AMMF offers an added benefit of a group accident policy to Unit holders of the Fund (applicable to retail investors only) to the tune of their investment.
A collective investment vehicle that allow investors with limited resources to own a diversified investment portfolio managed by a seasoned investment manager.
The Fund offers better rates than savings account
The long-term return on investment can be affected by inflation.
Dividend cannot be predetermined. Dividends can be higher or lower at intervals.
Individuals/ Groups / Associations/ Institutions; It can also be used as a gift for new born/ birthdays/child education / investment/ endowment account.
Make a deposit into the AMMF account.
Submit the form, along with your KYC documents and proof of payment to any of our client service representatives or wealth managers.
You will need a copy of any nationally recognized proof of Identity, a copy of your utility bill and a passport photograph.
A statement of unit holding will be issued by the Registrars to the fund.
The fund is open to anyone with a sum of N10,000 as initial minimum balance, with subsequent investment of N5,000.
The Net Asset Value (NAV) is stable at N100 per unit, throughout the life of the fund.
The fund only invests in money market instruments e.g. Treasury Bills, Commercial papers, and Fixed deposit
Yes, you can, with proper documentation and KYC requirements.
Yes, you can invest as frequently as possible.
Make a deposit into the AMMF account
No, you are not allowed to pay physical cash to relationship managers.
You can invest for a minimum period of 90 days.
To redeem your funds, you would be required to fill a redemption form. Investors have the freedom to exit at any time, however, redeeming within the lock-in period of 90days attracts a penalty charge of 0.05% on interest earned.
Yes, individuals will have insurance accident cover to the tune of their investment.
They encompass an incredibly wide range of products from mutual-fund to fixed-income. Select a product that fit your investment startegy