Fund Type: Open-Ended Fund
Scheme Type: Fixed-Income Securities
Age: Since September 2008
Risk: Medium
Horizon: Long Term
Bid Price: ₦23.35 November 15, 2022
Total return YTD: 6.36% November 15, 2022
Zenith Income Fund Performance
Fund Manager
Quantum Zenith Asset Management & Investments Limited
Investment Objective
The Fund seeks returns above the rate of inflation through investment in fixed grade income securities.
Strategy
A discretionary managed portfolio using Nigerian treasuries and bonds to achieve high total investment return over the long term.
Minimum Investment
₦10,000 Minimum Lump sum
₦1,000 Minimum additional Purchase
Management Fees
1.50%
Portfolio
Asset Allocation
Cash and Equivalents: 0%-5%
Money Market Securities: 5%-30%
Bond and other debt Instruments: 70%-90%
Partners
Trustees: GTL Trustees Limited
Custodian: Citi Bank Nigeria Limited
Registrars: Meristem Registrars Limited
