Money market fund
Money Market Fund is a low risk open ended unit trust scheme with competitive returns. It is a diversified portfolio with investments in quality money market instruments.
The Money Market Fund was authorised and registered by the Securities and Exchange Commision (SEC) on the 28th November, 1990 as Abacus Unit Trust Scheme
Abacus is a diversified portfolio with investments in quality money market instruments, short-term debt securities, such as banker’s acceptance, commercial papers, treasury bills, and others
Dividends are paid quarterly
Minimum initial subscription of N1,000
Capital preservation and competitive returns
Opportunity to capitalize earnings whilst guaranteeing your principal
Offers opportunities for good returns compared to savings account while maintaining a low-risk/conservative approach to investment
