The Vetiva Fixed Income Fund is a close-ended fund targeted at sophisticated investors who seek an investment vehicle with high current income to either boost portfolio performance or to enhance their liquidity profile whilst not jeopardizing returns.
PRODUCT SPECIFICATIONS
Payout:
MRR+(1-3)% p.a
Minimum
Investment: Five Million Naira
Minimum
tenor: 90
days
Maximum
tenor: 360
days
PRODUCT
CHARACTERISTICS
Interest on
investment is paid in arrears on the date of maturity;
On maturity,
investments will be liquidated and placed in a call account pending
instructions from the investor;
Liquidations before
the expiration of the stated tenor will attract a penalty charge;
Both Principal and
interest are guaranteed by Vetiva Capital Management Limited.
Investments in VFIF
can be used as collateral for margin facilities with Vetiva;
PRODUCT INVESTMENT STRATEGY
In order to ensure the preservation of the underlying assets, our professionals ensure the creation of high quality assets to match the liabilities generated by the Fund. Also, as a Risk Management Strategy, maximum product exposure limits are carefully determined to eliminate the risk of over-subscription and overexposure.