With a minimum subscription of 1,000 units of N10.00 each and multiples of 100 units thereafter at the prevailing bid price, you can watch your money in PACAM fixed income and money market funds grow.
Both PACAM fixed income and money market funds are open-ended mutual fund approved by the Securities and Exchange Commission (SEC).
While PACAM fixed income It invests in fixed income instruments such as FGN Bonds, sub-national bonds, corporate bonds and other investment grade fixed income instruments given investors opportunity to invest in secure and highly yielding bonds offered by Federal and State Governments of Nigeria and large Corporates, that of money market fund will invest in high quality short-term money market securities such as treasury bills, bank placement, commercial papers, and other money market instruments.
PACAM money market fund seeks to ensure steady stream of income and capital preservation for investors with moderate risk appetite who value liquidity and security of assets. Investing in the fund will ensure attractive returns on investment through intelligent and professional investment decision making based on informed market analysis.
The fund will invest in low risk short term money market securities such as treasury bills, bank placements, commercial papers and promissory notes.
The PACAM fixed income fund seeks to achieve an efficient balance between capital appreciation and income for investors with moderate risk appetite. Investment will be taken with prudence, discretion, intelligence and regard for safety of capital and income.
You need to invest in both funds because of attractive returns on investment, experienced and credible fund manager supported by tested trustees and custodians; risk pooling and diversification, affordable minimum subscription unit and open-ended fund.
Everyone can invest in both funds including institutional investors, individuals, cooperative societies, religious organizations and other social groups. Parents/ guardians can also invest in the name of their wards.
David Okwuadigbo, managing director of PAC Asset Management Limited, said, “If you look at our country you will see that what we are going through now is mostly as a result of lack of savings or investment culture. We have a situation whereby for a good number of years we had a fortune of having the oil price, high as 140, but what is the state of our account? What we are facing right now is a consequence of not having that consciousness of saving every month. Now and then we need to put something away for the future. Unless we decide to put something away we will be dependent on that single source of income. This is a good time for us to make money”. He said it is important for you put your money in investment that actually yields reasonable returns, adding that inflation cannot be ignored.
“As inflation is on the rise we have to consider what happens to those money we put away. What is the aftermath of inflation on them. We have to consider that values are affected when inflation is high. This kind of investment will actually help our investors to actually guide against that inflation”, Okwuadigbo said in an interview with BusinessDay .
PAC Asset Management limited (PACAM) is registered with the Securities and Exchange Commission (SEC) and is a subsidiary of PanAfrican Capital plc, registered capital market oiperator. It is the leading investment bank in Nigeria with offices across Africa.
HOPE MOSES-ASHIKE
